Husteel Ownership
| 005010 Stock | 6,740 490.00 7.84% |
Husteel |
Husteel Stock Ownership Analysis
About 49.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.38. In the past many companies with similar price-to-book ratios have beat the market. Husteel last dividend was issued on the 29th of December 2021. The entity had 5:1 split on the 13th of July 2022. For more info on Husteel please contact Hoon Park at 82 2 828 9131 or go to https://www.husteel.com.Husteel Outstanding Bonds
Husteel 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. Husteel 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 Husteel bonds can be classified according to their maturity, which is the date when Husteel 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.
Pair Trading with Husteel
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 Husteel 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 Husteel will appreciate offsetting losses from the drop in the long position's value.Moving together with Husteel Stock
| 0.72 | 005490 | POSCO Holdings | PairCorr |
| 0.67 | 011170 | Lotte Chemical Corp | PairCorr |
| 0.89 | 004020 | Hyundai Steel | PairCorr |
Moving against Husteel Stock
| 0.59 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.39 | 086520 | Ecopro Split | PairCorr |
| 0.37 | 203650 | Dream Security co | PairCorr |
| 0.35 | 051910 | LG Chemicals | PairCorr |
The ability to find closely correlated positions to Husteel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Husteel 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 Husteel - 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 Husteel to buy it.
The correlation of Husteel 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 Husteel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Husteel 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 Husteel 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 Husteel Stock
Husteel financial ratios help investors to determine whether Husteel 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 Husteel with respect to the benefits of owning Husteel security.