Gyeongnam Steel (Korea) Today

039240 Stock  KRW 3,250  80.00  2.40%   

Performance

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Gyeongnam Steel is trading at 3250.00 as of the 28th of March 2024, a -2.4 percent decrease since the beginning of the trading day. The stock's open price was 3330.0. Gyeongnam Steel has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Gyeongnam Steel Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Gyeongnam Steel Co., Ltd manufactures and sells steel products in South Korea. The company was founded in 1990 and is based in Changwon, South Korea. K Steel is traded on Korean Securities Dealers Automated Quotations in South Korea. The company has 25 M outstanding shares. More on Gyeongnam Steel Co

Moving together with Gyeongnam Stock

  0.66128660 PJ MetalPairCorr

Moving against Gyeongnam Stock

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Gyeongnam 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. Gyeongnam Steel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gyeongnam Steel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOChung Choi
Thematic IdeaIron (View all Themes)
Business ConcentrationIron, Metals & Mining, Materials (View all Sectors)
Gyeongnam Steel Co (039240) is traded on KOSDAQ in Korea and employs 12 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 79.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gyeongnam Steel's market, we take the total number of its shares issued and multiply it by Gyeongnam Steel'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. Gyeongnam Steel operates under Materials sector and is part of Metals & Mining industry. The entity has 25 M outstanding shares. Gyeongnam Steel Co has accumulated about 6.04 B in cash with 3.91 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 604.0.
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Ownership Allocation
Gyeongnam Steel secures a total of 25 Million outstanding shares. Gyeongnam Steel secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Gyeongnam Ownership Details

Gyeongnam Stock Price Odds Analysis

What are Gyeongnam Steel's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Gyeongnam Steel jumping above the current price in 90 days from now is near 1%. The Gyeongnam Steel Co probability density function shows the probability of Gyeongnam Steel stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Gyeongnam Steel has a beta of 0.0236. This suggests as returns on the market go up, Gyeongnam Steel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gyeongnam Steel Co will be expected to be much smaller as well. Additionally, gyeongnam Steel Co has an alpha of 0.129, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 3250.0HorizonTargetOdds Above 3250.0
99.45%90 days
 3,250 
0.53%
Based on a normal probability distribution, the odds of Gyeongnam Steel to move above the current price in 90 days from now is near 1 (This Gyeongnam Steel Co probability density function shows the probability of Gyeongnam Stock to fall within a particular range of prices over 90 days) .

Gyeongnam Steel Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gyeongnam Steel market risk premium is the additional return an investor will receive from holding Gyeongnam Steel 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 Gyeongnam Steel. 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 Gyeongnam Steel's alpha and beta are two of the key measurements used to evaluate Gyeongnam Steel's performance over the market, the standard measures of volatility play an important role as well.

Gyeongnam Stock Against Markets

Picking the right benchmark for Gyeongnam Steel 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 Gyeongnam Steel 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 Gyeongnam Steel is critical whether you are bullish or bearish towards Gyeongnam Steel Co at a given time. Please also check how Gyeongnam Steel's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Gyeongnam Steel without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Advice

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Gyeongnam Steel Corporate Directors

Gyeongnam Steel corporate directors refer to members of a Gyeongnam Steel board of directors. The board of directors generally takes responsibility for the Gyeongnam Steel'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 Gyeongnam Steel's board members must vote for the resolution. The Gyeongnam Steel board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jae KangNon-Executive Independent DirectorProfile
Seung NohNon-Executive Independent DirectorProfile
Hyeok KimNon-Executive Independent DirectorProfile
Seok ChoiAssistant Managing DirectorProfile

How to buy Gyeongnam Stock?

Before investing in Gyeongnam Steel, 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 Gyeongnam Steel. To buy Gyeongnam Steel stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gyeongnam Steel. 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 Gyeongnam Steel stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Gyeongnam Steel 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 Gyeongnam Steel 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 Gyeongnam Steel 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 Gyeongnam Steel Co?

The danger of trading Gyeongnam Steel 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 Gyeongnam Steel 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 Gyeongnam Steel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gyeongnam Steel 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, which includes a position in Gyeongnam 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 Gyeongnam Steel information on this page should be used as a complementary analysis to other Gyeongnam 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Gyeongnam Steel's price analysis, check to measure Gyeongnam 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 Gyeongnam Steel is operating at the current time. Most of Gyeongnam Steel's value examination focuses on studying past and present price action to predict the probability of Gyeongnam 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 Gyeongnam Steel's price. Additionally, you may evaluate how the addition of Gyeongnam Steel to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Gyeongnam Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gyeongnam Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gyeongnam Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.