SK Hynix (000660) Factor Verdict: STRONG — Where Fundamentals Catch Up to Price

SK Hynix (000660) currently carries a STRONG factor verdict with a composite score of 79/100. Fundamental Quality (97/100) and Trend (100/100) lift the score, while the Risk component (40/100) caps the upside of the grade.

Verdict

The factor data suggests SK Hynix sits in a regime where price front-ran fundamentals but fundamentals are catching up fast. A 3-month return of +103.1% describes the price run; revenue YoY of +198.1%, operating margin of 58.6%, and ROE of 56.9% retroactively validate that move with hard P&L numbers.

• Composite 79/100 lands in the upper-middle of the STRONG band, not its floor
• Trend 100/100 and Quality 97/100 indicate nearly every positive signal the model tracks is firing
• However, Risk 40/100 combined with Cycle Pressure at 30.0/50 (Elevated) warns that any pullback could be deep

Technical Position

The technical structure points to a 'hot but not overheated' uptrend. RSI(14) at 51.5 sits squarely in the neutral zone, indicating short-term momentum has normalized after the run.

• EMA structure flagged full_uptrend: short, medium, and long EMAs are stacked bullishly — the strongest signal a trend-following model can produce
• 20-day volume ratio 1.1: turnover only 10% above average, neither panic-buying nor panic-selling
• Drawdown of -19.1% from the 52-week high of 2,363,000 versus current price 1,911,000 — a meaningful pullback from the peak
• Versus 52-week low of 256,000, the name has run +646% — multibagger territory in a single year
• Returns: +19.4% over 1M, +103.1% over 3M, capturing accelerated re-rating

Net read: a name that has pulled back from highs but kept its trend intact, with RSI poised at a coin-flip level that often decides the next leg.

Fundamental Quality

The operating leverage typical of a memory upcycle is showing up directly in reported margins.