BooKook Steel (Korea) Buy Hold or Sell Recommendation
| 026940 Stock | 2,440 15.00 0.62% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding BooKook Steel Co is 'Strong Hold'. Macroaxis provides BooKook Steel buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 026940 positions.
Check out BooKook Steel Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as BooKook and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards BooKook Steel Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
BooKook |
Execute BooKook Steel Buy or Sell Advice
The BooKook recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BooKook Steel Co. Macroaxis does not own or have any residual interests in BooKook Steel Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BooKook Steel's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
BooKook Steel Trading Alerts and Improvement Suggestions
| BooKook Steel generated a negative expected return over the last 90 days |
BooKook Steel Returns Distribution Density
The distribution of BooKook Steel's historical returns is an attempt to chart the uncertainty of BooKook Steel's future price movements. The chart of the probability distribution of BooKook Steel daily returns describes the distribution of returns around its average expected value. We use BooKook Steel Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BooKook Steel returns is essential to provide solid investment advice for BooKook Steel.
| Mean Return | 0 | Value At Risk | -2.7 | Potential Upside | 2.71 | Standard Deviation | 1.86 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BooKook Steel historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
BooKook Steel Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to BooKook Steel or Other sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that BooKook Steel's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a BooKook stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0055 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | -0.02 |
BooKook Steel Volatility Alert
BooKook Steel Co has relatively low volatility with skewness of 0.31 and kurtosis of 1.66. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure BooKook Steel's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BooKook Steel's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.BooKook Steel Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as BooKook . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About BooKook Steel Buy or Sell Advice
When is the right time to buy or sell BooKook Steel Co? Buying financial instruments such as BooKook Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having BooKook Steel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in BooKook Stock
BooKook Steel financial ratios help investors to determine whether BooKook 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 BooKook with respect to the benefits of owning BooKook Steel security.