미분류

[STOCK WATCH] Avista falls 1%

By thinkpool
  • Published : Oct 26, 2016 - 09:24
  • Updated : Oct 26, 2016 - 10:34
  
- Among its peer group, it has high Volatility, low Earning Rate
- Most of related stocks also decline. Textile & Wearing Apparel industry -0.69%
- Institutions and Foreigners sell, Individuals buy
- Turnover Rate and Price Range both proper
- The main shareholding group is Individuals


Market Review
On Oct. 26, Avista (090370) declined 1.22% to 1,215 won (US$1.07). It had declined 25.23% through the past month. Standard deviation, which indicates risk, records 3.2% on the same period over one month.

Compared with its close competitors within the same industry, KOSPI, as the monthly volatility of Avista relatively expanded, the stock price decline to the lowest among its peer group. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -7.8%. Since the risk increased as volatility grew, the return-on-risk was the worst. Moreover, compared with the KOSPI industry, the return-on-risk is below the industrial mean, -2.0, and thus the industrial comparison performance was not so good.

Comparing industry to the market, the KOSPI industry including Avista records higher volatility but lower earning rate than textile & wearing apparel. Even though the earning rate of the industry is negative, the industry was more satisfactory than the market.


Close CompetitorsEarning rate (%)STD (1Mo)Return on
Risk (1Mo)
1 Mo3 Mo6 Mo
AVISTA INC.(090370)-25.2%-52.5%-67.3%3.2%-7.8
SEONGAN(011300)-9.9%-7.0%2.5%2.3%-4.3
WONLIM(005820)-12.6%15.3%15.3%2.0%-6.3
ILJEONG IND(008500)0.2%2.5%-1.6%1.0%0.1
NAMYEUNG(002070)-2.1%-6.1%-7.5%0.8%-2.5
 
Textile & Wearing Apparel-1.8%1.4%-6.4%0.9%-2.0
KOSPI-1.2%-1.3%0.5%0.6%-2.0



Earnings & Valuation
AVISTA INC.(090370): 2Q(Apr ~ June) of 2016 Earnings (reported at Aug. 17. 2016)
 RevenueOperating IncomeNet Income
2Q of 2016193.1 T-143.0 T-151.1 T
Previous Quarter32.9% declinelossloss
YoY16.5% declinelossloss

Financial structure Overview
Compared with four close competitors with similar market capitalization within its industry, Avista's P/B ratio, a financial ratio of a company's book value, and its P/E ratio, a price-paid ratio of annual net income, are both at the highest level.

P/E ratio and P/B ratio
Close CompatitorsROEPERPBRBasic Date
AVISTA INC.(090370)0.0--June 2016
WONLIM(005820)9.05.90.5June 2016
ILJEONG IND(008500)4.315.20.7June 2016
NAMYEUNG(002070)-7.5-0.4June 2016
SEONGAN(011300)-1.8-0.6June 2016



Investor Group
Institutions and Foreigners sell, Individuals buy
From Oct. 21, foreigners have been continuously buying Avista during the past three trading days. As a shareholding sum by investor group for the past four weeks, foreigners have sold 398,115 shares with maintenance of a selling position and institutions have sold 5,260 shares with a selling trend. However, during the same period, individuals have bought 403,375 shares with an increasing position.

Turnover Rate and Price Range both proper

Regarding the statistics for the past month on trade volume as the total outstanding shares, the daily turnover rate of Avista was 2.55%. And the daily volatility, the average range of rise and fall, during the same period is 5%.

The main shareholding group is Individuals

As per the inquiry for shareholding by investor group, the major investor group is Individuals with 89.77% from total outstanding shares. Foreigners and institutions each hold 10.19% and 0.02%. And as recent five-day shareholding change by investor group, individuals hold 90.26% and foreigners hold 9.73% of total outstanding shares.

Cumulated shareholdings per investor group (1Mo) Total shareholdings per investor group
 
* Other Investor groups, included as "other corporations", are considered as "Individuals".

By HeRo (hero@heraldcorp.com)

This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp.