WONIK Materials (Korea) Today
| 104830 Stock | 34,950 1,050 3.10% |
Performance9 of 100
| Odds Of DistressLess than 9
|
WONIK Materials is trading at 34950.00 as of the 25th of April 2024, a 3.10% increase since the beginning of the trading day. The stock's open price was 33900.0. WONIK Materials has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for WONIK Materials CoLtd are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Moving against WONIK Stock
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Follow Valuation Odds of Bankruptcy
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WONIK 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. WONIK Materials' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WONIK Materials or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Plastics (View all Themes) |
| Business Concentration | Plastics, Materials, Chemicals, Materials, Basic Materials (View all Sectors) |
WONIK Materials CoLtd (104830) is traded on KOSDAQ in Korea and employs 444 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 371.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WONIK Materials's market, we take the total number of its shares issued and multiply it by WONIK Materials'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. WONIK Materials CoLtd operates under Chemicals sector and is part of Materials industry. The entity has 12.61 M outstanding shares.
WONIK Materials CoLtd has accumulated about 44.86 B in cash with 59.02 B of positive cash flow from operations.
Check WONIK Materials Probability Of Bankruptcy
Ownership AllocationThe market capitalization of WONIK Materials CoLtd is USD371.31 Billion. WONIK Materials CoLtd owns large 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 company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check WONIK Ownership Details
WONIK Stock Price Odds Analysis
What are WONIK Materials' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of WONIK Materials jumping above the current price in 90 days from now is about 23.45%. The WONIK Materials CoLtd probability density function shows the probability of WONIK Materials stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon WONIK Materials has a beta of 0.704. This suggests as returns on the market go up, WONIK Materials average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WONIK Materials CoLtd will be expected to be much smaller as well. Additionally, wONIK Materials CoLtd has an alpha of 0.1946, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of WONIK Materials to move above the current price in 90 days from now is about 23.45 (This WONIK Materials CoLtd probability density function shows the probability of WONIK Stock to fall within a particular range of prices over 90 days) .
WONIK Materials CoLtd Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. WONIK Materials market risk premium is the additional return an investor will receive from holding WONIK Materials 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 WONIK Materials. 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 WONIK Materials' alpha and beta are two of the key measurements used to evaluate WONIK Materials' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.75 | |||
| Semi Deviation | 1.57 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.76 |
WONIK Stock Against Markets
Picking the right benchmark for WONIK Materials 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 WONIK Materials 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 WONIK Materials is critical whether you are bullish or bearish towards WONIK Materials CoLtd at a given time. Please also check how WONIK Materials' 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 WONIK Materials 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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| All Next | Launch Module |
WONIK Materials Corporate Management
Elected by the shareholders, the WONIK Materials' board of directors comprises two types of representatives: WONIK Materials inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WONIK. The board's role is to monitor WONIK Materials' management team and ensure that shareholders' interests are well served. WONIK Materials' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WONIK Materials' outside directors are responsible for providing unbiased perspectives on the board's policies.
| SangHyuk Yoon | Ex Officer | Profile | |
| KyungSoo Moon | Ex Officer | Profile | |
| HoSeung Jang | Ex Officer | Profile | |
| DooHyun Baek | Ex Officer | Profile | |
| HyangJa Jang | Ex Officer | Profile |
How to buy WONIK Stock?
Before investing in WONIK Materials, 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 WONIK Materials. To buy WONIK Materials stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WONIK Materials. 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 WONIK Materials stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WONIK Materials CoLtd 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 WONIK Materials CoLtd 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 WONIK Materials CoLtd, 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 WONIK Materials CoLtd?
The danger of trading WONIK Materials CoLtd 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 WONIK Materials 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 WONIK Materials. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WONIK Materials CoLtd 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 WONIK Materials CoLtd. 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 WONIK Materials CoLtd information on this page should be used as a complementary analysis to other WONIK Materials' 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for WONIK Stock analysis
When running WONIK Materials' price analysis, check to measure WONIK Materials' 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 WONIK Materials is operating at the current time. Most of WONIK Materials' value examination focuses on studying past and present price action to predict the probability of WONIK Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WONIK Materials' price. Additionally, you may evaluate how the addition of WONIK Materials to your portfolios can decrease your overall portfolio volatility.
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