Heng Sheng (Korea) Today
| 900270 Stock | 205.00 1.00 0.49% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Heng Sheng is trading at 205.00 as of the 24th of April 2024, a 0.49% increase since the beginning of the trading day. The stock's open price was 204.0. Heng Sheng has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Heng Sheng Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Moving against Heng Stock
| 0.63 | 336570 | Daishin Balance No8 | PairCorr |
Follow Valuation Odds of Bankruptcy
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Heng 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. Heng Sheng's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Heng Sheng or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Leisure Products, Consumer Cyclicals (View all Sectors) |
Heng Sheng Holding (900270) is traded on KOSDAQ in Korea and employs 1,731 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 33.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Heng Sheng's market, we take the total number of its shares issued and multiply it by Heng Sheng'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. Heng Sheng Holding operates under Consumer Cyclicals sector and is part of Leisure Products industry. The entity has 80 M outstanding shares.
Heng Sheng Holding has accumulated about 1.27 B in cash with 135.55 M of positive cash flow from operations.
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Ownership AllocationHeng Sheng Holding has a total of 80 Million outstanding shares. Heng Sheng 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. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Heng Ownership Details
Heng Stock Price Odds Analysis
What are Heng Sheng's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Heng Sheng jumping above the current price in 90 days from now is about 89.69%. The Heng Sheng Holding probability density function shows the probability of Heng Sheng stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Heng Sheng has a beta of 0.052. This suggests as returns on the market go up, Heng Sheng average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Heng Sheng Holding will be expected to be much smaller as well. Additionally, heng Sheng Holding has an alpha of 0.0284, implying that it can generate a 0.0284 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Heng Sheng to move above the current price in 90 days from now is about 89.69 (This Heng Sheng Holding probability density function shows the probability of Heng Stock to fall within a particular range of prices over 90 days) .
Heng Sheng Holding Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Heng Sheng market risk premium is the additional return an investor will receive from holding Heng Sheng 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 Heng Sheng. 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 Heng Sheng's alpha and beta are two of the key measurements used to evaluate Heng Sheng's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.78 | |||
| Semi Deviation | 1.9 | |||
| Standard Deviation | 2.72 | |||
| Variance | 7.42 |
Heng Stock Against Markets
Picking the right benchmark for Heng Sheng 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 Heng Sheng 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 Heng Sheng is critical whether you are bullish or bearish towards Heng Sheng Holding at a given time. Please also check how Heng Sheng'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 Heng Sheng 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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How to buy Heng Stock?
Before investing in Heng Sheng, 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 Heng Sheng. To buy Heng Sheng stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Heng Sheng. 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 Heng Sheng stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Heng Sheng Holding 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 Heng Sheng Holding 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 Heng Sheng Holding, 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 Heng Sheng Holding?
The danger of trading Heng Sheng Holding 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 Heng Sheng 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 Heng Sheng. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Heng Sheng Holding 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 Heng Sheng Holding. 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 Heng Sheng Holding information on this page should be used as a complementary analysis to other Heng Sheng'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Heng Stock analysis
When running Heng Sheng's price analysis, check to measure Heng Sheng'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 Heng Sheng is operating at the current time. Most of Heng Sheng's value examination focuses on studying past and present price action to predict the probability of Heng Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heng Sheng's price. Additionally, you may evaluate how the addition of Heng Sheng to your portfolios can decrease your overall portfolio volatility.
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