JongWoong Lee - Daedong Steel Managing Director
| 048470 Stock | 3,475 115.00 3.20% |
Insider
JongWoong Lee is Managing Director of Daedong Steel Co
| Age | 56 |
| Phone | (82) 2 786 6218 |
| Web | www.daedongsteel.co.kr |
Daedong Steel Management Efficiency
The company has return on total asset (ROA) of 0.1376 % which means that it generated a profit of $0.1376 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (8.374) %, meaning that it generated substantial loss on money invested by shareholders. Daedong Steel's management efficiency ratios could be used to measure how well Daedong Steel manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | -8.37 | |||
| Return On Asset | 0.14 |
Daedong Steel Leadership Team
Elected by the shareholders, the Daedong Steel's board of directors comprises two types of representatives: Daedong Steel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Daedong. The board's role is to monitor Daedong Steel's management team and ensure that shareholders' interests are well served. Daedong Steel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Daedong Steel's outside directors are responsible for providing unbiased perspectives on the board's policies.
| HyeongGi Lim, Pres Officer | ||
| JongWoong Lee, Managing Director |
Daedong 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 Daedong 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.
| Return On Equity | -8.37 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 58.96 B | |||
| Shares Outstanding | 9.92 M | |||
| Shares Owned By Insiders | 33.68 % | |||
| Price To Earning | 83.60 X | |||
| Price To Sales | 0.30 X | |||
| Revenue | 165.42 B |
Pair Trading with Daedong 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 Daedong 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 Daedong Steel will appreciate offsetting losses from the drop in the long position's value.Moving together with Daedong Stock
Moving against Daedong Stock
The ability to find closely correlated positions to Daedong 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 Daedong 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 Daedong 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 Daedong Steel Co to buy it.
The correlation of Daedong 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 Daedong Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daedong 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 Daedong 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.Other Information on Investing in Daedong Stock
Daedong Steel financial ratios help investors to determine whether Daedong 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 Daedong with respect to the benefits of owning Daedong Steel security.