JunSeok Choi - Jeil Steel Chief Director
| 023440 Stock | KRW 1,860 76.00 4.26% |
Director
JunSeok Choi is Chief Director of Jeil Steel Mfg
| Age | 70 |
| Phone | 82 3 1499 0771 |
| Web | https://www.jeilsteel.co.kr |
Jeil Steel Management Efficiency
The company has return on total asset (ROA) of 0.0164 % which means that it generated a profit of $0.0164 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (19.373) %, meaning that it generated substantial loss on money invested by shareholders. Jeil Steel's management efficiency ratios could be used to measure how well Jeil Steel manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 4 records | DIRECTOR Age | ||
| Jeong Lee | Keum Kang Steel | 68 | |
| Seung Kim | Seoyon Topmetal Co | 55 | |
| Geum Chi | Keum Kang Steel | 62 | |
| Gil Ahn | Keum Kang Steel | 68 | |
Management Performance
| Return On Equity | -19.37 | |||
| Return On Asset | 0.0164 |
Jeil Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Jeil Steel a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -19.37 | |||
| Return On Asset | 0.0164 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 108.41 B | |||
| Shares Outstanding | 29.49 M | |||
| Shares Owned By Insiders | 12.55 % | |||
| Price To Sales | 0.77 X | |||
| Revenue | 84.47 B | |||
| Gross Profit | 81.13 M |
Pair Trading with Jeil 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 Jeil 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 Jeil Steel will appreciate offsetting losses from the drop in the long position's value.Moving against Jeil Stock
| 0.77 | 105560 | KB Financial Group | PairCorr |
| 0.67 | 055550 | Shinhan Financial | PairCorr |
| 0.62 | 039240 | Gyeongnam Steel | PairCorr |
| 0.5 | 005387 | Hyundai Motor | PairCorr |
| 0.43 | 005385 | Hyundai Motor | PairCorr |
The ability to find closely correlated positions to Jeil 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 Jeil 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 Jeil 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 Jeil Steel Mfg to buy it.
The correlation of Jeil 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 Jeil Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jeil Steel Mfg 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 Jeil 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 Jeil Stock
Jeil Steel financial ratios help investors to determine whether Jeil 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 Jeil with respect to the benefits of owning Jeil Steel security.