Daechang Steel (Korea) Performance
| 140520 Stock | KRW 2,160 5.00 0.23% |
The firm shows a Beta (market volatility) of -0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Daechang Steel are expected to decrease at a much lower rate. During the bear market, Daechang Steel is likely to outperform the market. At this point, Daechang Steel has a negative expected return of -0.0543%. Please make sure to confirm Daechang Steel's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Daechang Steel performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Daechang Steel Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Daechang Steel is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Total Cashflows From Investing Activities | 14.9 B |
Daechang |
Daechang Steel Relative Risk vs. Return Landscape
If you would invest 225,500 in Daechang Steel Co on September 22, 2024 and sell it today you would lose (9,500) from holding Daechang Steel Co or give up 4.21% of portfolio value over 90 days. Daechang Steel Co is generating negative expected returns and assumes 1.7409% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Daechang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Daechang Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daechang Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Daechang Steel Co, and traders can use it to determine the average amount a Daechang Steel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0312
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| Negative Returns | 140520 |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Daechang Steel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Daechang Steel by adding Daechang Steel to a well-diversified portfolio.
Daechang Steel Fundamentals Growth
Daechang Stock prices reflect investors' perceptions of the future prospects and financial health of Daechang Steel, and Daechang Steel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Daechang Stock performance.
| Return On Equity | 45.3 | |||
| Return On Asset | -0.0065 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 172.67 B | |||
| Shares Outstanding | 20 M | |||
| Price To Sales | 0.36 X | |||
| Revenue | 296.2 B | |||
| EBITDA | (281.07 M) | |||
| Cash And Equivalents | 6.31 B | |||
| Cash Per Share | 263.75 X | |||
| Total Debt | 100.43 M | |||
| Debt To Equity | 128.50 % | |||
| Cash Flow From Operations | (15.18 B) | |||
| Total Asset | 265.16 B | |||
About Daechang Steel Performance
By analyzing Daechang Steel's fundamental ratios, stakeholders can gain valuable insights into Daechang Steel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Daechang Steel has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Daechang Steel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
DaeChang Steel Co., Ltd. engages in the manufacture, processing, and sale of steel products in South Korea. DaeChang Steel Co., Ltd. was founded in 1980 and is headquartered in Incheon, South Korea. DaeChang Steel is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Daechang Steel performance evaluation
Checking the ongoing alerts about Daechang Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Daechang Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Daechang Steel generated a negative expected return over the last 90 days | |
| Daechang Steel has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Daechang Steel Co has accumulated 100.43 M in total debt with debt to equity ratio (D/E) of 128.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Daechang Steel has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Daechang Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Daechang Steel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Daechang Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Daechang to invest in growth at high rates of return. When we think about Daechang Steel's use of debt, we should always consider it together with cash and equity. | |
| Daechang Steel Co has accumulated about 6.31 B in cash with (15.18 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 263.75. | |
| Roughly 63.0% of Daechang Steel shares are owned by insiders or employees |
- Analyzing Daechang Steel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Daechang Steel's stock is overvalued or undervalued compared to its peers.
- Examining Daechang Steel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Daechang Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Daechang Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Daechang Steel's stock. These opinions can provide insight into Daechang Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Daechang Stock analysis
When running Daechang Steel's price analysis, check to measure Daechang Steel'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 Daechang Steel is operating at the current time. Most of Daechang Steel's value examination focuses on studying past and present price action to predict the probability of Daechang Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daechang Steel's price. Additionally, you may evaluate how the addition of Daechang Steel to your portfolios can decrease your overall portfolio volatility.
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