Seoul Semiconductor Correlations
| 046890 Stock | KRW 7,140 10.00 0.14% |
The current 90-days correlation between Seoul Semiconductor and SFA Engineering is 0.06 (i.e., Significant diversification). The correlation of Seoul Semiconductor 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.
Seoul Semiconductor Correlation With Market
Good diversification
The correlation between Seoul Semiconductor Co and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Seoul Semiconductor Co and DJI in the same portfolio, assuming nothing else is changed.
Seoul |
The ability to find closely correlated positions to Seoul Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seoul Semiconductor 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 Seoul Semiconductor - 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 Seoul Semiconductor Co to buy it.
Related Correlations Analysis
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Seoul Semiconductor Corporate Management
Elected by the shareholders, the Seoul Semiconductor's board of directors comprises two types of representatives: Seoul Semiconductor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Seoul. The board's role is to monitor Seoul Semiconductor's management team and ensure that shareholders' interests are well served. Seoul Semiconductor'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, Seoul Semiconductor's outside directors are responsible for providing unbiased perspectives on the board's policies.
| InSik Cho | Managing Director | Profile | |
| SungHoon Bae | Managing Director | Profile | |
| Chunghoon Lee | Founder CEO | Profile | |
| Myeongki Hong | Chief Officer | Profile | |
| MyeongYeon Lee | Managing Director | Profile | |
| InSeop Na | Managing Director | Profile | |
| JeongHoon Lee | Chairman Pres | Profile |