Asia Economy (Korea) Today
| 127710 Stock | KRW 1,249 28.00 2.29% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Asia Economy is trading at 1249.00 as of the 20th of April 2024, a 2.29 percent up since the beginning of the trading day. The stock's open price was 1221.0. Asia Economy has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Asia Economy Daily are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
The Asia Business Daily Co., Ltd. publishes online and print papers. The Asia Business Daily Co., Ltd. operates as a subsidiary of KMH Co. ASIA BUSINESS is traded on Korean Securities Dealers Automated Quotations in South Korea. The company has 25.5 M outstanding shares. More on Asia Economy Daily
Moving together with Asia Stock
| 0.66 | 329180 | Hyundai Heavy Industries | PairCorr |
Follow Valuation Odds of Bankruptcy
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Asia 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. Asia Economy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Asia Economy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Yeong Choi |
| Business Concentration | Communication Services, Media, Media & Entertainment, Communication Services (View all Sectors) |
Asia Economy Daily (127710) is traded on KOSDAQ in Korea and employs 230 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 47.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asia Economy's market, we take the total number of its shares issued and multiply it by Asia Economy'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. Asia Economy Daily operates under Media sector and is part of Communication Services industry. The entity has 25.5 M outstanding shares.
Asia Economy Daily has accumulated about 97.31 B in cash with 5.6 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 994.63.
Check Asia Economy Probability Of Bankruptcy
Ownership AllocationAsia Economy holds a total of 25.5 Million outstanding shares. Asia Economy Daily retains 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 secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Asia Stock Price Odds Analysis
What are Asia Economy's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Asia Economy jumping above the current price in 90 days from now is about 48.15%. The Asia Economy Daily probability density function shows the probability of Asia Economy stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Asia Economy has a beta of 0.4443. This suggests as returns on the market go up, Asia Economy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Asia Economy Daily will be expected to be much smaller as well. Additionally, asia Economy Daily has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Asia Economy to move above the current price in 90 days from now is about 48.15 (This Asia Economy Daily probability density function shows the probability of Asia Stock to fall within a particular range of prices over 90 days) .
Asia Economy Daily Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Asia Economy market risk premium is the additional return an investor will receive from holding Asia Economy 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 Asia Economy. 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 Asia Economy's alpha and beta are two of the key measurements used to evaluate Asia Economy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.07 | |||
| Semi Deviation | 1.32 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.6 |
Asia Stock Against Markets
Picking the right benchmark for Asia Economy 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 Asia Economy 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 Asia Economy is critical whether you are bullish or bearish towards Asia Economy Daily at a given time. Please also check how Asia Economy'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 Asia Economy 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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Asia Economy Corporate Directors
Asia Economy corporate directors refer to members of an Asia Economy board of directors. The board of directors generally takes responsibility for the Asia Economy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Asia Economy's board members must vote for the resolution. The Asia Economy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| SangJoo Choi | CoChief Director | Profile | |
| Gyeong Kim | Non-Executive Independent Director | Profile | |
| SaeJung Lee | CoChief Director | Profile | |
| Gang Lee | Director | Profile |
How to buy Asia Stock?
Before investing in Asia Economy, 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 Asia Economy. To buy Asia Economy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Asia Economy. 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 Asia Economy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Asia Economy Daily 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 Asia Economy Daily 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 Asia Economy Daily, 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 Asia Economy Daily?
The danger of trading Asia Economy Daily 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 Asia Economy 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 Asia Economy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asia Economy Daily 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 Asia Economy Daily. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Asia Stock analysis
When running Asia Economy's price analysis, check to measure Asia Economy'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 Asia Economy is operating at the current time. Most of Asia Economy's value examination focuses on studying past and present price action to predict the probability of Asia Economy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Economy's price. Additionally, you may evaluate how the addition of Asia Economy to your portfolios can decrease your overall portfolio volatility.
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