S파 is a term used in South Korea to refer to a specific type of stock market investment strategy. It focuses on investing in small-cap stocks, which are shares of companies with a relatively small market capitalization. Investors who use the S파 strategy often seek high growth potential, as these smaller companies can experience rapid expansion. The S파 approach is popular among individual investors looking for opportunities in the KOSDAQ market, which is known for its focus on technology and innovation. This strategy requires careful research and analysis, as small-cap stocks can be more volatile and carry higher risks compared to larger, more established companies.