JYP Entertainment Correlations
| 035900 Stock | KRW 84,300 800.00 0.94% |
The current 90-days correlation between JYP Entertainment and YG Entertainment is 0.59 (i.e., Very weak diversification). The correlation of JYP Entertainment 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.
JYP Entertainment Correlation With Market
Good diversification
The correlation between JYP Entertainment and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JYP Entertainment and DJI in the same portfolio, assuming nothing else is changed.
JYP |
The ability to find closely correlated positions to JYP Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JYP Entertainment 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 JYP Entertainment - 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 JYP Entertainment to buy it.
Moving together with JYP Stock
Moving against JYP Stock
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Risk-Adjusted Indicators
There is a big difference between JYP Stock performing well and JYP Entertainment 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 JYP Entertainment'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.Be your own money manager
Our tools can tell you how much better you can do entering a position in JYP Entertainment 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?
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JYP Entertainment Corporate Management
Elected by the shareholders, the JYP Entertainment's board of directors comprises two types of representatives: JYP Entertainment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of JYP. The board's role is to monitor JYP Entertainment's management team and ensure that shareholders' interests are well served. JYP Entertainment'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, JYP Entertainment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| SungGeol Park | Ex Officer | Profile | |
| Wook Jung | Chief Director | Profile | |
| SungWoo Ahn | Ex Officer | Profile | |
| ShinYoung Kang | Ex Officer | Profile |