Daedong Metals Financials
| 020400 Stock | KRW 7,420 470.00 5.96% |
Daedong |
Understanding current and past Daedong Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Daedong Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in Daedong Metals' assets may result in an increase in income on the income statement.
Please note, the presentation of Daedong Metals' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Daedong Metals' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Daedong Metals' management manipulating its earnings.
Daedong Metals Stock Summary
Daedong Metals competes with Ecocab, Daedong Gear, Hwashin Precision, YOUNGHWA TECH, and CBI. Daedong Metals Co., Ltd. produces and sells casting parts for agricultural machinery, heavy equipment, and automotive markets in South Korea. Daedong Metals Co., Ltd. is a subsidiary of Daedong Industrial Co., Ltd. DaedongMetal is traded on Korean Securities Dealers Automated Quotations in South Korea.| Instrument | Korea Stock View All |
| Exchange | KOSDAQ |
| ISIN | KR7020400008 |
| Business Address | 602 Nongong-ro, Daegu, |
| Sector | Consumer Discretionary |
| Industry | Auto Components |
| Benchmark | Dow Jones Industrial |
| Website | www.daedongmetals.co.kr |
| Phone | 82 5 3610 5000 |
| Currency | KRW - South Korean Won |
You should never invest in Daedong Metals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Daedong Stock, because this is throwing your money away. Analyzing the key information contained in Daedong Metals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Daedong Metals Key Financial Ratios
Daedong Metals' financial ratios allow both analysts and investors to convert raw data from Daedong Metals' financial statements into concise, actionable information that can be used to evaluate the performance of Daedong Metals over time and compare it to other companies across industries.| Return On Equity | 7.28 | |||
| Return On Asset | 0.0222 | |||
| Number Of Employees | 110 | |||
| Beta | 0.82 | |||
| Z Score | 6.4 |
Daedong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Daedong Metals's current stock value. Our valuation model uses many indicators to compare Daedong Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Daedong Metals competition to find correlations between indicators driving Daedong Metals's intrinsic value. More Info.Daedong Metals Co is number one stock in return on equity category among its peers. It is rated third in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Daedong Metals Co is about 327.79 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Daedong Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Daedong Metals' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Daedong Metals Systematic Risk
Daedong Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Daedong Metals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Daedong Metals correlated with the market. If Beta is less than 0 Daedong Metals generally moves in the opposite direction as compared to the market. If Daedong Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Daedong Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Daedong Metals is generally in the same direction as the market. If Beta > 1 Daedong Metals moves generally in the same direction as, but more than the movement of the benchmark.
Daedong Metals Thematic Clasifications
Daedong Metals Co is part of several thematic ideas from Copper to Aluminum. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasDaedong Metals December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Daedong Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Daedong Metals Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Daedong Metals Co based on widely used predictive technical indicators. In general, we focus on analyzing Daedong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Daedong Metals's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.51 | |||
| Information Ratio | 0.0172 | |||
| Maximum Drawdown | 37.5 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 2.7 |
Complementary Tools for Daedong Stock analysis
When running Daedong Metals' price analysis, check to measure Daedong Metals' 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 Daedong Metals is operating at the current time. Most of Daedong Metals' value examination focuses on studying past and present price action to predict the probability of Daedong Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daedong Metals' price. Additionally, you may evaluate how the addition of Daedong Metals to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |