Daesung Eltec (Korea) Today
Daesung Eltec is trading at 2480.00 as of the 25th of April 2024, a 6.21 percent increase since the beginning of the trading day. The stock's open price was 2335.0. Equity ratings for Daesung Eltec Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of February 2024 and ending today, the 25th of April 2024. Click here to learn more.
Valuation
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Daesung Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Daesung Eltec's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Daesung Eltec or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | JaeBeom Park |
| Business Concentration | Consumer Discretionary, Household Durables (View all Sectors) |
Daesung Eltec Co (025440) is traded on KOSDAQ in Korea and employs 336 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 65.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Daesung Eltec's market, we take the total number of its shares issued and multiply it by Daesung Eltec's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Daesung Eltec has 99.66 M outstanding shares.
Daesung Eltec Co has accumulated about 5.24 B in cash with (5.47 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 54.48.
Check Daesung Eltec Probability Of Bankruptcy
Daesung Stock Price Odds Analysis
What are Daesung Eltec's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Daesung Eltec jumping above the current price in 90 days from now is near 1%. The Daesung Eltec Co probability density function shows the probability of Daesung Eltec stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Daesung Eltec Co has a beta of -0.163. This suggests as returns on the benchmark increase, returns on holding Daesung Eltec are expected to decrease at a much lower rate. During a bear market, however, Daesung Eltec Co is likely to outperform the market. Additionally, daesung Eltec Co has an alpha of 0.2126, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Daesung Eltec to move above the current price in 90 days from now is near 1 (This Daesung Eltec Co probability density function shows the probability of Daesung Stock to fall within a particular range of prices over 90 days) .
Daesung Eltec Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Daesung Eltec market risk premium is the additional return an investor will receive from holding Daesung Eltec long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Daesung Eltec. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Daesung Eltec's alpha and beta are two of the key measurements used to evaluate Daesung Eltec's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.35 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.7 |
Daesung Stock Against Markets
Picking the right benchmark for Daesung Eltec stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Daesung Eltec stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Daesung Eltec is critical whether you are bullish or bearish towards Daesung Eltec Co at a given time. Please also check how Daesung Eltec's historical prices are related to one of the top price index indicators.
Daesung Eltec Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Daesung Eltec stock to make a market-neutral strategy. Peer analysis of Daesung Eltec could also be used in its relative valuation, which is a method of valuing Daesung Eltec by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Daesung Eltec Corporate Directors
Daesung Eltec corporate directors refer to members of a Daesung Eltec board of directors. The board of directors generally takes responsibility for the Daesung Eltec's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Daesung Eltec's board members must vote for the resolution. The Daesung Eltec board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Hyeon Nah | Non-Executive Independent Director | Profile | |
| Yeong Hwang | Director | Profile | |
| Dong Gwak | Director | Profile | |
| Park SangKyu | Pres Director | Profile |
How to buy Daesung Stock?
Before investing in Daesung Eltec, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Daesung Eltec. To buy Daesung Eltec stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Daesung Eltec. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Daesung Eltec stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Daesung Eltec Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Daesung Eltec Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Daesung Eltec Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Daesung Eltec Co?
The danger of trading Daesung Eltec Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Daesung Eltec is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Daesung Eltec. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Daesung Eltec is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios. 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 Daesung Eltec information on this page should be used as a complementary analysis to other Daesung Eltec'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Daesung Stock analysis
When running Daesung Eltec's price analysis, check to measure Daesung Eltec'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 Daesung Eltec is operating at the current time. Most of Daesung Eltec's value examination focuses on studying past and present price action to predict the probability of Daesung Eltec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daesung Eltec's price. Additionally, you may evaluate how the addition of Daesung Eltec to your portfolios can decrease your overall portfolio volatility.
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