Finebesteel Financials
| 133820 Stock | 1,100 27.00 2.52% |
Finebesteel |
Understanding current and past Finebesteel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Finebesteel's financial statements are interrelated, with each one affecting the others. For example, an increase in Finebesteel's assets may result in an increase in income on the income statement.
Please note, the presentation of Finebesteel's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Finebesteel's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Finebesteel's management manipulating its earnings.
| Instrument | Korea Stock View All |
| Exchange | Korea Stock Exchange |
| ISIN | KR7133820001 |
| Business Address | 259-33, Changmil-ro, Changnyeong-gun, |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.finebesteel.com |
| Phone | 82 5 5259 2000 |
You should never invest in Finebesteel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Finebesteel Stock, because this is throwing your money away. Analyzing the key information contained in Finebesteel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Finebesteel Key Financial Ratios
Finebesteel's financial ratios allow both analysts and investors to convert raw data from Finebesteel's financial statements into concise, actionable information that can be used to evaluate the performance of Finebesteel over time and compare it to other companies across industries.| Return On Equity | 0.13 | |||
| Return On Asset | 0.0502 | |||
| Beta | 1.23 | |||
| Z Score | 7.2 |
Finebesteel Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Finebesteel's current stock value. Our valuation model uses many indicators to compare Finebesteel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Finebesteel competition to find correlations between indicators driving Finebesteel's intrinsic value. More Info.Finebesteel is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Finebesteel is roughly 2.62 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Finebesteel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Finebesteel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Finebesteel Systematic Risk
Finebesteel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Finebesteel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Finebesteel correlated with the market. If Beta is less than 0 Finebesteel generally moves in the opposite direction as compared to the market. If Finebesteel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Finebesteel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Finebesteel is generally in the same direction as the market. If Beta > 1 Finebesteel moves generally in the same direction as, but more than the movement of the benchmark.
Finebesteel Thematic Clasifications
Finebesteel is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Finebesteel November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Finebesteel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Finebesteel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Finebesteel based on widely used predictive technical indicators. In general, we focus on analyzing Finebesteel Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Finebesteel's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.031 | |||
| Maximum Drawdown | 25.82 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.59 |
Complementary Tools for Finebesteel Stock analysis
When running Finebesteel's price analysis, check to measure Finebesteel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Finebesteel is operating at the current time. Most of Finebesteel's value examination focuses on studying past and present price action to predict the probability of Finebesteel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finebesteel's price. Additionally, you may evaluate how the addition of Finebesteel to your portfolios can decrease your overall portfolio volatility.
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