Hanwha InvestmentSecuri Correlations
| 003535 Stock | 7,070 120.00 1.67% |
The current 90-days correlation between Hanwha InvestmentSecuri and AhnLab Inc is 0.09 (i.e., Significant diversification). The correlation of Hanwha InvestmentSecuri 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.
Hanwha InvestmentSecuri Correlation With Market
Modest diversification
The correlation between Hanwha InvestmentSecurities Co and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hanwha InvestmentSecurities Co and DJI in the same portfolio, assuming nothing else is changed.
Hanwha |
The ability to find closely correlated positions to Hanwha InvestmentSecuri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hanwha InvestmentSecuri 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 Hanwha InvestmentSecuri - 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 Hanwha InvestmentSecurities Co to buy it.
Moving against Hanwha Stock
| 0.77 | 250930 | YeSUN Tech CoLtd | PairCorr |
| 0.73 | 034830 | Korea Real Estate | PairCorr |
| 0.71 | 053080 | Wonbang Tech | PairCorr |
| 0.5 | 241520 | DSC Investment | PairCorr |
| 0.37 | 425290 | Samsung Special Purpose | PairCorr |
| 0.33 | 064850 | FnGuide | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Hanwha Stock performing well and Hanwha InvestmentSecuri 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 Hanwha InvestmentSecuri's 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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 003535 | 2.95 | 0.05 | 0.04 | 0.14 | 3.00 | 6.53 | 33.31 | |||
| 241520 | 1.19 | (0.19) | 0.00 | (1.13) | 0.00 | 1.93 | 8.84 | |||
| 351320 | 1.95 | 0.04 | (0.02) | 0.48 | 2.30 | 5.08 | 16.28 | |||
| 011390 | 2.71 | 0.29 | 0.07 | 0.59 | 3.17 | 5.62 | 24.98 | |||
| 011390 | 2.71 | 0.29 | 0.07 | 0.59 | 3.17 | 5.62 | 24.98 | |||
| 006805 | 1.29 | 0.15 | 0.03 | 0.70 | 1.67 | 1.44 | 37.44 | |||
| 053800 | 1.43 | 0.12 | 0.02 | 0.39 | 2.12 | 4.88 | 17.31 | |||
| 133820 | 1.99 | 0.15 | 0.05 | 0.41 | 2.01 | 3.59 | 25.82 | |||
| 500003 | 1.64 | 0.04 | (0.04) | (0.36) | 1.85 | 4.16 | 9.46 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hanwha InvestmentSecuri 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.Did you try this?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
Hanwha InvestmentSecuri Corporate Management
Elected by the shareholders, the Hanwha InvestmentSecuri's board of directors comprises two types of representatives: Hanwha InvestmentSecuri inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hanwha. The board's role is to monitor Hanwha InvestmentSecuri's management team and ensure that shareholders' interests are well served. Hanwha InvestmentSecuri's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hanwha InvestmentSecuri's outside directors are responsible for providing unbiased perspectives on the board's policies.
| DeuckHo Choi | MD Center | Profile | |
| Jinhee Kim | MD Officer | Profile | |
| YongSeok Choi | Deputy Department | Profile | |
| JungWook Shim | MD Division | Profile | |
| JaeMan Lee | Head Mang | Profile | |
| SeokHee Han | Deputy HR | Profile |