Suk Bum - Samwon Steel Chief Officer

023000 Stock   2,340  10.00  0.43%   

Executive

Suk Bum is Chief Officer of Samwon Steel
Age 65
Phone82 5 4289 6411
Webhttps://www.samwon-steel.co.kr

Samwon Steel Management Efficiency

The company has return on total asset (ROA) of 0.0317 % which means that it generated a profit of $0.0317 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.054 %, meaning that it generated $0.054 on every $100 dollars invested by stockholders. Samwon Steel's management efficiency ratios could be used to measure how well Samwon Steel manages its routine affairs as well as how well it operates its assets and liabilities.

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Samwon Steel (023000) is traded on Korea Stock Exchange in Korea and employs 1 people.

Management Performance

Samwon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Samwon Steel a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Samwon Steel

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Samwon Steel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Samwon Steel will appreciate offsetting losses from the drop in the long position's value.

Moving together with Samwon Stock

  0.62002690 Dong Il SteelPairCorr
  0.8139990 AjusteelPairCorr
  0.78007280 Korea SteelPairCorr

Moving against Samwon Stock

  0.59035420 NaverPairCorr
  0.39133820 FinebesteelPairCorr
The ability to find closely correlated positions to Samwon Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samwon Steel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Samwon Steel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Samwon Steel to buy it.
The correlation of Samwon Steel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Samwon Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samwon Steel moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Samwon Steel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Samwon Stock

Samwon Steel financial ratios help investors to determine whether Samwon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Samwon with respect to the benefits of owning Samwon Steel security.