FreeMs (Korea) Today
| 053160 Stock | KRW 12,880 600.00 4.45% |
Performance0 of 100
| Odds Of DistressLess than 10
|
FreeMs is trading at 12880.00 as of the 18th of April 2024, a -4.45 percent down since the beginning of the trading day. The stock's open price was 13480.0. FreeMs has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for FreeMs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
FreeMs Corporationration manufactures and sells wire harness, main control units, and clusters for the construction and heavy industrial equipment in South Korea and internationally. The company has 4.79 M outstanding shares. More on FreeMs
Moving against FreeMs Stock
| 0.55 | 005930 | Samsung Electronics | PairCorr |
| 0.43 | 005935 | Samsung Electronics | PairCorr |
Follow Valuation Odds of Bankruptcy
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FreeMs 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. FreeMs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FreeMs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Heung Park |
| Business Concentration | Industrials, Machinery (View all Sectors) |
FreeMs (053160) is traded on KOSDAQ in Korea and employs 61 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 34.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FreeMs's market, we take the total number of its shares issued and multiply it by FreeMs'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. FreeMs has 4.79 M outstanding shares.
FreeMs has accumulated about 159.3 M in cash with 306.58 M of positive cash flow from operations.
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Ownership AllocationThe market capitalization of FreeMs is W34.13 Billion. FreeMs retains 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. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
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FreeMs Stock Price Odds Analysis
What are FreeMs' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of FreeMs jumping above the current price in 90 days from now is about 85.72%. The FreeMs probability density function shows the probability of FreeMs stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon FreeMs has a beta of -0.4093. This suggests as returns on the benchmark increase, returns on holding FreeMs are expected to decrease at a much lower rate. During a bear market, however, FreeMs is likely to outperform the market. Additionally, freeMs has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of FreeMs to move above the current price in 90 days from now is about 85.72 (This FreeMs probability density function shows the probability of FreeMs Stock to fall within a particular range of prices over 90 days) .
FreeMs Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. FreeMs market risk premium is the additional return an investor will receive from holding FreeMs 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 FreeMs. 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 FreeMs' alpha and beta are two of the key measurements used to evaluate FreeMs' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.11 | |||
| Standard Deviation | 6.76 | |||
| Variance | 45.65 | |||
| Risk Adjusted Performance | 0.0018 |
FreeMs Stock Against Markets
Picking the right benchmark for FreeMs 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 FreeMs 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 FreeMs is critical whether you are bullish or bearish towards FreeMs at a given time. Please also check how FreeMs' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in FreeMs 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.Did you try this?
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FreeMs Corporate Directors
FreeMs corporate directors refer to members of a FreeMs board of directors. The board of directors generally takes responsibility for the FreeMs' 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 FreeMs' board members must vote for the resolution. The FreeMs board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.How to buy FreeMs Stock?
Before investing in FreeMs, 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 FreeMs. To buy FreeMs stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of FreeMs. 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 FreeMs stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located FreeMs 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 FreeMs 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 FreeMs, 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.
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The danger of trading FreeMs 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 FreeMs 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 FreeMs. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FreeMs 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 FreeMs. 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 FreeMs information on this page should be used as a complementary analysis to other FreeMs' 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for FreeMs Stock analysis
When running FreeMs' price analysis, check to measure FreeMs' 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 FreeMs is operating at the current time. Most of FreeMs' value examination focuses on studying past and present price action to predict the probability of FreeMs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FreeMs' price. Additionally, you may evaluate how the addition of FreeMs to your portfolios can decrease your overall portfolio volatility.
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