China Steel (Taiwan) Today
2002 Stock | TWD 23.70 0.15 0.63% |
Performance0 of 100
| Odds Of DistressLess than 9
|
China Steel is selling for under 23.70 as of the 19th of March 2024; that is -0.63 percent down since the beginning of the trading day. The stock's lowest day price was 23.5. China Steel has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for China Steel Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2023 and ending today, the 19th of March 2024. Click here to learn more.
China Steel Corporation manufactures and sells steel products primarily in Taiwan, Vietnam, Malaysia, China, India, and internationally. The company was founded in 1971 and is headquartered in Kaohsiung, Taiwan. CHINA STEEL operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange. The company has 15.41 B outstanding shares. More on China Steel Corp
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Follow Valuation Odds of Bankruptcy
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China 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. China Steel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Steel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the Board | JyhYuh Sung |
Business Concentration | Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) |
China Steel Corp (2002) is traded on Taiwan Stock Exchange in Taiwan and employs 64 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 486.57 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Steel's market, we take the total number of its shares issued and multiply it by China Steel'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. China Steel Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 15.41 B outstanding shares.
China Steel Corp has accumulated about 41.18 B in cash with 71.3 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.67.
Check China Steel Probability Of Bankruptcy
Ownership AllocationChina Steel Corp retains a total of 15.41 Billion outstanding shares. China Steel Corp 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check China Ownership Details
China Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of China Steel jumping above the current price in 90 days from now is roughly 96.0%. The China Steel Corp probability density function shows the probability of China Steel stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon China Steel Corp has a beta of -0.0709. This suggests as returns on benchmark increase, returns on holding China Steel are expected to decrease at a much lower rate. During the bear market, however, China Steel Corp is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. China Steel Corp is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of China Steel to move above the current price in 90 days from now is roughly 96.0 (This China Steel Corp probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) .
China Steel Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. China Steel market risk premium is the additional return an investor will receive from holding China Steel 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 China Steel. 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 China Steel's alpha and beta are two of the key measurements used to evaluate China Steel's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.6637 | |||
Standard Deviation | 0.9475 | |||
Variance | 0.8977 | |||
Risk Adjusted Performance | (0.09) |
China Stock Against Markets
Picking the right benchmark for China Steel 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 China Steel 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 China Steel is critical whether you are bullish or bearish towards China Steel Corp at a given time. Please also check how China Steel'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 China Steel 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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China Steel Corporate Directors
China Steel corporate directors refer to members of a China Steel board of directors. The board of directors generally takes responsibility for the China Steel'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 China Steel's board members must vote for the resolution. The China Steel board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Shenyi Li | Independent Director | Profile | |
ChengI Weng | Director | Profile | |
ShyueBin Chang | Independent Director | Profile | |
Mingzhong Liu | Director | Profile |
How to buy China Stock?
Before investing in China Steel, 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 China Steel. To buy China Steel stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of China Steel. 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 China Steel stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located China Steel Corp 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 China Steel Corp 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 China Steel Corp, 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 China Steel Corp?
The danger of trading China Steel Corp 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 China Steel 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 China Steel. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile China Steel Corp 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 China Steel Corp. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for China Stock analysis
When running China Steel's price analysis, check to measure China Steel'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 China Steel is operating at the current time. Most of China Steel's value examination focuses on studying past and present price action to predict the probability of China Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Steel's price. Additionally, you may evaluate how the addition of China Steel to your portfolios can decrease your overall portfolio volatility.
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