Daedong Steel Co Stock Beta
048470 Stock | 3,735 15.00 0.40% |
Daedong Steel Co fundamentals help investors to digest information that contributes to Daedong Steel's financial success or failures. It also enables traders to predict the movement of Daedong Stock. The fundamental analysis module provides a way to measure Daedong Steel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Daedong Steel stock.
Daedong |
Daedong Steel Co Company Beta Analysis
Daedong Steel's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Daedong Steel Beta | 0.5 |
Most of Daedong Steel's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Daedong Steel Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Daedong Steel Co has a Beta of 0.5025. This is much higher than that of the Materials sector and significantly higher than that of the Metals & Mining industry. The beta for all Republic of Korea stocks is notably lower than that of the firm.
Daedong Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Daedong Steel's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Daedong Steel could also be used in its relative valuation, which is a method of valuing Daedong Steel by comparing valuation metrics of similar companies.Daedong Steel is currently under evaluation in beta category among related companies.
As returns on the market increase, Daedong Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Daedong Steel is expected to be smaller as well.
Daedong Fundamentals
Return On Equity | -8.37 | |||
Return On Asset | 0.14 | |||
Profit Margin | 0.11 % | |||
Operating Margin | 0.14 % | |||
Current Valuation | 58.96 B | |||
Shares Outstanding | 9.92 M | |||
Shares Owned By Insiders | 33.68 % | |||
Price To Earning | 83.60 X | |||
Price To Sales | 0.30 X | |||
Revenue | 165.42 B | |||
Gross Profit | 5.35 B | |||
EBITDA | 20.29 B | |||
Net Income | 14.52 B | |||
Cash And Equivalents | 10.19 B | |||
Total Debt | 706.25 M | |||
Debt To Equity | 0.07 % | |||
Current Ratio | 4.31 X | |||
Cash Flow From Operations | (13 B) | |||
Beta | 0.5 | |||
Market Capitalization | 44.35 B | |||
Total Asset | 108.44 B | |||
Retained Earnings | 42.97 B | |||
Working Capital | 29.08 B | |||
Current Asset | 37.87 B | |||
Current Liabilities | 8.79 B | |||
Z Score | 38.2 | |||
Annual Yield | 0.01 % | |||
Net Asset | 108.44 B |
About Daedong Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Daedong Steel Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Daedong Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Daedong Steel Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Daedong Steel Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Daedong Steel information on this page should be used as a complementary analysis to other Daedong Steel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Daedong Stock analysis
When running Daedong Steel's price analysis, check to measure Daedong 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 Daedong Steel is operating at the current time. Most of Daedong Steel's value examination focuses on studying past and present price action to predict the probability of Daedong 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 Daedong Steel's price. Additionally, you may evaluate how the addition of Daedong Steel to your portfolios can decrease your overall portfolio volatility.
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