Poongsan Third Quarter 2024 Earnings EPS 1,743 - Simply Wall St
| 103140 Stock | 49,450 750.00 1.49% |
About 62% of Poongsan's investor base is looking to short. The analysis of current outlook of investing in Poongsan suggests that many traders are alarmed regarding Poongsan's prospects. The current market sentiment, together with Poongsan's historical and current headlines, can help investors time the market. In addition, many technical investors use Poongsan stock news signals to limit their universe of possible portfolio assets.
Poongsan |
Poongsan Third Quarter 2024 Earnings EPS 1,743 Simply Wall St
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Poongsan Fundamental Analysis
We analyze Poongsan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Poongsan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Poongsan based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Poongsan is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Poongsan Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Poongsan stock to make a market-neutral strategy. Peer analysis of Poongsan could also be used in its relative valuation, which is a method of valuing Poongsan by comparing valuation metrics with similar companies.
Peers
Poongsan Related Equities
| 003030 | Seah Steel | 0.56 | ||||
| 051910 | LG Chemicals | 0.19 | ||||
| 006650 | Korea Petro | 1.25 | ||||
| 005490 | POSCO Holdings | 1.33 | ||||
| 001430 | SeAH Bestee | 2.49 | ||||
| 009830 | Hanwha Solutions | 3.06 | ||||
| 011170 | Lotte Chemical | 3.84 | ||||
| 004020 | Hyundai Steel | 3.86 | ||||
| 086520 | Ecopro Co | 4.07 |
Complementary Tools for Poongsan Stock analysis
When running Poongsan's price analysis, check to measure Poongsan'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 Poongsan is operating at the current time. Most of Poongsan's value examination focuses on studying past and present price action to predict the probability of Poongsan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Poongsan's price. Additionally, you may evaluate how the addition of Poongsan to your portfolios can decrease your overall portfolio volatility.
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