Samyang Holdings Correlations

Stocks . Korea . 
Stock . Samyang Holdings Corp
000075 Stock   59,300  100.00  0.17%   
The current 90-days correlation between Samyang Holdings Corp and Doosan Pref Shs is 0.1 (i.e., Average diversification). The correlation of Samyang Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Samyang Holdings Correlation With Market

Good diversification

The correlation between Samyang Holdings Corp and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Samyang Holdings Corp and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Samyang Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samyang Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Samyang Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Samyang Holdings Corp to buy it.

Moving together with Samyang Stock

  0.73000155 Doosan Pref ShsPairCorr
  0.64005935 Samsung ElectronicsPairCorr
  0.78083450 Global Standard TechPairCorr
  0.69196170 ALTEOGENPairCorr
  0.84104830 WONIK Materials CoLtdPairCorr
  0.62228670 Ray CoPairCorr
  0.71038110 EcoplasticPairCorr
  0.7170030 Hyundai IndustrialPairCorr
  0.69080220 Jeju Semiconductor CorpPairCorr
  0.7293780 AptaBio TherapeuticsPairCorr
  0.77265560 Young Hwa TechPairCorr
  0.62200130 Mirae Asset No2PairCorr
  0.78084370 Eugene Technology CoLtdPairCorr
  0.79122870 YG EntertainmentPairCorr
  0.81064760 Tokai Carbon KoreaPairCorr
  0.65007660 IsupetasysPairCorr
  0.9012450 Hanwha TechwinPairCorr

Moving against Samyang Stock

  0.73105560 KB Financial GroupPairCorr
  0.52066570 LG ElectronicsPairCorr
  0.46000270 Kia CorpPairCorr
  0.43005380 Hyundai MotorPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Samyang Stock performing well and Samyang Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Samyang Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
000155  2.97  0.75  0.25  1.19  2.86 
(3.83)
 7.87 
(4.70)
 20.16 
000075  1.06  0.26  0.25 (2.81) 0.90 
(1.60)
 1.85 
(1.52)
 19.55 
012450  3.71  1.32  0.47 (5.90) 2.51 
(5.36)
 11.33 
(4.53)
 29.06 
014915  2.64  0.27  0.10  0.85  3.08 
(3.06)
 8.40 
(5.81)
 22.51 
026940  1.80  0.23  0.13  0.17  1.75 
(2.43)
 4.82 
(3.12)
 10.11 
170030  1.55  0.34  0.20  0.62  1.67 
(1.70)
 4.36 
(2.39)
 17.51 
034940  2.02  0.32  0.19  1.80  1.94 
(2.59)
 6.07 
(2.98)
 14.76 
099410  2.54  0.59  0.20  0.37  2.54 
(3.17)
 6.13 
(4.64)
 17.98 
353810  1.98  0.47  0.22  0.93  2.13 
(2.39)
 4.57 
(3.44)
 20.99 
068050  2.71  0.94  0.34 (1.89) 2.24 
(3.52)
 5.66 
(5.35)
 23.62 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Samyang Holdings 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.

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Samyang Holdings Corporate Management

Elected by the shareholders, the Samyang Holdings' board of directors comprises two types of representatives: Samyang Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Samyang. The board's role is to monitor Samyang Holdings' management team and ensure that shareholders' interests are well served. Samyang Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Samyang Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
KyuHoon SongMD OfficeProfile
JaeYeob YunVP MSCProfile
YoungJoo ChoiCPC TeamProfile
JiSeop KimMD OfficeProfile
SangHun LeeMD ICProfile
KwangYeol KimMD OfficeProfile
JaeHong KimMD CPCProfile
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