UJU Electronics Correlations

065680 Stock  KRW 27,950  1,200  4.49%   
The current 90-days correlation between UJU Electronics and AeroSpace Technology of is 0.14 (i.e., Average diversification). The correlation of UJU Electronics 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.

UJU Electronics Correlation With Market

Significant diversification

The correlation between UJU Electronics Co and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding UJU Electronics Co and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to UJU Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UJU Electronics 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 UJU Electronics - 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 UJU Electronics Co to buy it.

Moving together with UJU Stock

  0.75293780 AptaBio TherapeuticsPairCorr
  0.81029780 Samsung CardPairCorr
  0.9298380 ABL BioPairCorr

Moving against UJU Stock

  0.84041190 Woori Technology InvPairCorr
  0.74217330 CytogenPairCorr
  0.57215600 SillaJenPairCorr

Related Correlations Analysis

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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   
448710016610
016610067390
448710067390
006910067390
054410006910
054410067390
  
High negative correlations   
448710105560
016610105560
032830067390
067390105560
448710032830
016610032830

Risk-Adjusted Indicators

There is a big difference between UJU Stock performing well and UJU Electronics 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 UJU Electronics' 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 UJU Electronics 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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UJU Electronics Corporate Management

Elected by the shareholders, the UJU Electronics' board of directors comprises two types of representatives: UJU Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of UJU. The board's role is to monitor UJU Electronics' management team and ensure that shareholders' interests are well served. UJU Electronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, UJU Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
JuCheol KimAssistant DirectorProfile
Hyun KimEx DirectorProfile
TaeBu YeoAssistant DirectorProfile
ByungRok KimEx DirectorProfile
GeumYoung KangAssistant DirectorProfile
YoungHo ParkEx OfficerProfile
YeongHo ParkAssistant DirectorProfile