I-Components Correlations

059100 Stock

KRW 5,150 60.00 1.18%

The current 90-days correlation between i Components and FOODWELL Co is 0.09 (i.e., Significant diversification). The correlation of I-Components 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.

I-Components Correlation With Market

Average diversification

The correlation between i Components Co and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding i Components Co and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to I-Components could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace I-Components 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 I-Components - 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 i Components Co to buy it.

Related Correlations Analysis

	020560	005670	007070	282330	008060	014910	004770	003230
020560		0.25	-0.67	0.06	0.68	0.56	-0.2	0.57	020560
005670	0.25		-0.21	-0.14	0.4	0.5	-0.21	0.27	005670
007070	-0.67	-0.21		0.04	-0.62	-0.56	0.55	-0.54	007070
282330	0.06	-0.14	0.04		0.47	-0.17	0.0	0.54	282330
008060	0.68	0.4	-0.62	0.47		0.48	-0.28	0.92	008060
014910	0.56	0.5	-0.56	-0.17	0.48		-0.44	0.34	014910
004770	-0.2	-0.21	0.55	0.0	-0.28	-0.44		-0.28	004770
003230	0.57	0.27	-0.54	0.54	0.92	0.34	-0.28		003230
	020560	005670	007070	282330	008060	014910	004770	003230

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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

003230	+ 0.92	008060
008060	+ 0.68	020560
003230	+ 0.57	020560
014910	+ 0.56	020560
004770	+ 0.55	007070
003230	+ 0.54	282330

High negative correlations

007070	- 0.67	020560
008060	- 0.62	007070
014910	- 0.56	007070
003230	- 0.54	007070
004770	- 0.44	014910
003230	- 0.28	004770

Risk-Adjusted Indicators

There is a big difference between I-Components Stock performing well and I-Components 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 I-Components' 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
020560	1.06	0.14	0.15	0.27	1.04	(1.25)	2.44	(1.89)	6.68
005670	1.88	0.09	0.05	0.52	2.55	(2.39)	4.58	(2.72)	21.71
007070	1.45	(0.30)	0.00	(2.70)	0.00	0.00	2.59	(4.01)	16.16
282330	1.15	0.25	0.20	3.08	1.21	(1.25)	2.56	(2.66)	8.52
008060	0.49	0.13	0.34	0.87	0.34	(0.61)	1.73	(0.88)	3.16
014910	1.40	0.16	0.17	(0.46)	1.31	(1.78)	3.47	(2.86)	12.48
004770	2.67	(0.21)	0.00	0.66	0.00	0.00	5.41	(4.61)	20.05
003230	2.13	0.54	0.29	1.67	1.67	(2.61)	6.08	(3.28)	17.63

Be your own money manager

Our tools can tell you how much better you can do entering a position in I-Components 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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I-Components Corporate Management

Elected by the shareholders, the I-Components' board of directors comprises two types of representatives: I-Components inside directors who are chosen from within the company, and outside directors, selected externally and held independent of I-Components. The board's role is to monitor I-Components' management team and ensure that shareholders' interests are well served. I-Components' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, I-Components' outside directors are responsible for providing unbiased perspectives on the board's policies.

InKeun Mun	Director Director	Profile
InSun Kim	Director Director	Profile
YangKook Kim	Chief Officer	Profile
MyungJin Kim	Director VP	Profile
WuJun Park	Director Director	Profile

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