Hyundai Steel Ownership

004020 Stock   20,850  150.00  0.71%   
Hyundai Steel has a total of 131.55 Million outstanding shares. Hyundai Steel secures 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 holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Some institutional investors establish a significant position in stocks such as Hyundai Steel in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Hyundai Steel, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hyundai Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Hyundai Stock Ownership Analysis

About 36.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 0.23. In the past many companies with similar price-to-book ratios have beat the market. Hyundai Steel recorded earning per share (EPS) of 950.68. The entity last dividend was issued on the 28th of December 2022. The firm had 1384:1167 split on the 7th of May 1999. For more info on Hyundai Steel please contact TongIl An at 82 2 3464 6114 or go to https://www.hyundai-steel.com.

Hyundai Steel Outstanding Bonds

Hyundai Steel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hyundai Steel uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hyundai bonds can be classified according to their maturity, which is the date when Hyundai Steel has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Pair Trading with Hyundai 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 Hyundai 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 Hyundai Steel will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hyundai Stock

  0.71051910 LG ChemicalsPairCorr
  0.68005490 POSCO HoldingsPairCorr
  0.7011170 Lotte Chemical CorpPairCorr

Moving against Hyundai Stock

  0.36001430 SeAH BesteePairCorr
The ability to find closely correlated positions to Hyundai 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 Hyundai 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 Hyundai 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 Hyundai Steel to buy it.
The correlation of Hyundai 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 Hyundai Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyundai 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 Hyundai 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 Hyundai Stock

Hyundai Steel financial ratios help investors to determine whether Hyundai 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 Hyundai with respect to the benefits of owning Hyundai Steel security.