Hankuk Steel Ownership
| 025550 Stock | KRW 4,600 140.00 3.14% |
Hankuk |
Hankuk Stock Ownership Analysis
About 37.0% of the company shares are owned by insiders or employees . The company last dividend was issued on the 26th of December 1970. Hankuk Steel Wire had 1777:1564 split on the 14th of July 2008. Hankuk Steel Wire Co., Ltd. produces and sells steel products in South Korea, Japan, and internationally. The company was founded in 1974 and is based in Busan, South Korea. HanSun is traded on Korean Securities Dealers Automated Quotations in South Korea. For more info on Hankuk Steel Wire please contact the company at 82 5 1200 4400 or go to https://www.ehansun.co.kr.Hankuk Steel Outstanding Bonds
Hankuk Steel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hankuk Steel Wire uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hankuk bonds can be classified according to their maturity, which is the date when Hankuk Steel Wire has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Hankuk Steel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hankuk Steel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hankuk Steel will appreciate offsetting losses from the drop in the long position's value.Moving against Hankuk Stock
| 0.88 | 055550 | Shinhan Financial | PairCorr |
| 0.87 | 051910 | LG Chemicals Earnings Call This Week | PairCorr |
| 0.79 | 005490 | POSCO Holdings | PairCorr |
| 0.78 | 086790 | Hana Financial Earnings Call This Week | PairCorr |
| 0.74 | 316140 | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Hankuk Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hankuk Steel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hankuk Steel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hankuk Steel Wire to buy it.
The correlation of Hankuk Steel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hankuk Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hankuk Steel Wire moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hankuk Steel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Hankuk Stock
Hankuk Steel financial ratios help investors to determine whether Hankuk Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hankuk with respect to the benefits of owning Hankuk Steel security.