Histeel Co.,Ltd. (KOSE:A071090) Slope Climbs to -3.57343 Amidst Volatility

Histeel Co.,Ltd. (KOSE:A071090) shares currently have a 125/250 day adjusted slope average of -3.57343.  The Adjusted Slope 125/250d indicator is equal to the average annualized exponential regression slope, over the past 125 and 250 trading days, multiplied by the coefficient of determination (R2). This indicator is useful in helping find shares that have been on a consistent upward direction over the past six months to a year. Generally speaking, the higher the 125/250 value the better as this would indicate a consistent increase closely correlates to the actual stock price.

Stock market investors may be taking some time to review portfolio allocation. Rebalancing the portfolio may be necessary for some but not for others. Rebalancing the portfolio may help provide a strategy for when the market becomes highly volatile. This process may also help keep the investor buying low and selling high. Investors may also be looking at some different stocks to explore in the next few months. This may include reviewing some foreign markets or some new sectors that were previously not included in the stock portfolio. Completing all the necessary research is typically a good way to start building a more comprehensive pool of diversified stocks.   

Histeel Co.,Ltd. (KOSE:A071090) of the Industrial Metals & Mining sector closed the recent session at 22600.000000 with a market value of $39759.

Investor Target Weight

Histeel Co.,Ltd. (KOSE:A071090) has a current suggested portfolio rate of 0.01850 (as a decimal) ownership.  Target weight is the volatility adjusted recommended position size for a stock in your portfolio.  The maximum target weight is 7% for any given stock.  The indicator is based off of the 100 day volatility reading and calculates a target weight accordingly.  The more recent volatility of a stock, the lower the target weight will be.  The 3-month volatility stands at 49.394800 (decimal).  This is the normal returns and standard deviation of the stock price over three months annualized. 

Drilling down into some additional key near-term indicators we note that the Capex to PPE ratio stands at 0.017552 for Histeel Co.,Ltd. (KOSE:A071090).  The Capex to PPE ratio shows you how capital intensive a company is. Stocks with an increasing (year over year) ratio may be moving to be more capital intensive and often underperform the market. Higher Capex also often means lower Free Cash Flow (Operating cash flow – Capex) generation and lower dividends as companies don’t have the cash to pay dividends if they are investing more in the business.

Often times, the stock market will be affected by political, social, or economic events. The result may be end up to be positive or negative. It is wise to remember that market fluctuations can happen at any time for many various reasons. Sometimes it may not be evident of why the market moved until long after the scene has played out. Making investment decisions in a turbulent climate may be extremely tricky. At some point, investors may find themselves on the wrong end of a trade. Staying vigilant in the markets may help investors bounce back after a temporary defeat. Investors who stay the course and stay with an investment plan may be able to better handle the ups and downs of daily market movements. Repeatedly trying to find the tops or bottoms is not an easy task. Even the most seasoned investors may not be able to successfully time the market. 

In addition to Capex to PPE we can look at Cash Flow to Capex.  This ration compares a stock’s operating cash flow to its capital expenditure and can identify if a firm can generate enough cash to meet investment needs.  Investors are looking for a ratio greater than one, which indicates that the firm can meet that need. Comparing to other firms in the same industry is relevant for this ratio. Histeel Co.,Ltd. (KOSE:A071090)’s Cash Flow to Capex stands at 5.062008.

Debt

In looking at some Debt ratios, Histeel Co.,Ltd. (KOSE:A071090) has a debt to equity ratio of 0.53134 and a Free Cash Flow to Debt ratio of 0.154332.  This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated.  In terms of Net Debt to EBIT, that ratio stands at -7.29682.  This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt.  The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio.  Histeel Co.,Ltd.’s ND to MV current stands at 0.840941. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.

Investors may be taking a closer look at holdings and trying to decide which way the stock market will lean in the second half of the year. Maybe there are some surprising winners, and the decision needs to be made to either sell for a profit or hold on for further potential gains. Maybe there are some losers that are being held onto with the hope of a rebound. Sometimes investors may get too emotionally attached to certain stocks. Keeping unbiased focus on the market may help provide the portfolio with an added boost. Nobody knows for sure what will transpire over the next few quarters. As earnings reports flow in, investors will be monitoring which companies provide the biggest surprises. 

Near-Term Growth Drilldown

Now we’ll take a look at some key growth data as decimals. One year cash flow growth ratio is calculated on a trailing 12 months basis and is a one year percentage growth of a firm’s cash flow from operations.  This number stands at -8.25737 for Histeel Co.,Ltd. (KOSE:A071090).  The one year Growth EBIT ratio stands at -1.47527 and is a calculation of one year growth in earnings before interest and taxes.  The one year EBITDA growth number stands at -1.01288 which is calculated similarly to EBIT Growth with just the addition of amortization.

Taking even a further look we note that the 1 year Free Cash Flow (FCF) Growth is at 921.44484.  The one year growth in Net Profit after Tax is -1.85553 and lastly sales growth was -0.19451.

Some dedicated market watchers will preach the old adage, nothing ventured nothing gained. Some may adhere to the slow and steady mindset. The correct play for one investor may not be the same for another. Some may choose to be fully invested while others may keep some cash on the sidelines. Active stock market investors may have to find that perfect balance between being too risky or playing it too safe. If the market keeps charging higher in the second half of the year, investors may have to decide whether to take profits, or let it ride.   

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