HSD Engine Correlations
| 082740 Stock | 15,870 390.00 2.52% |
The current 90-days correlation between HSD Engine and PI Advanced Materials is 0.2 (i.e., Modest diversification). The correlation of HSD Engine 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.
HSD Engine Correlation With Market
Average diversification
The correlation between HSD Engine Co and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HSD Engine Co and DJI in the same portfolio, assuming nothing else is changed.
HSD |
The ability to find closely correlated positions to HSD Engine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HSD Engine 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 HSD Engine - 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 HSD Engine Co to buy it.
Moving against HSD Stock
| 0.78 | 033240 | Jahwa Electron | PairCorr |
| 0.76 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.74 | 302430 | Innometry | PairCorr |
| 0.62 | 053080 | Wonbang Tech | PairCorr |
| 0.59 | 293780 | AptaBio Therapeutics | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between HSD Stock performing well and HSD Engine 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 HSD Engine'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 014530 | 0.70 | (0.11) | 0.00 | 0.91 | 0.00 | 1.19 | 8.21 | |||
| 178920 | 2.38 | (0.69) | 0.00 | (3.18) | 0.00 | 3.73 | 23.17 | |||
| 281740 | 2.22 | (0.57) | 0.00 | 62.80 | 0.00 | 3.70 | 13.21 | |||
| 023450 | 0.78 | (0.22) | 0.00 | (6.77) | 0.00 | 1.35 | 8.86 | |||
| 051910 | 1.82 | (0.14) | 0.00 | 3.42 | 0.00 | 4.14 | 15.35 | |||
| 166090 | 2.12 | (0.68) | 0.00 | (14.32) | 0.00 | 4.05 | 12.98 | |||
| 298050 | 2.17 | (0.58) | 0.00 | 2.00 | 0.00 | 3.41 | 14.93 | |||
| 104480 | 1.10 | (0.09) | 0.00 | 0.71 | 0.00 | 2.38 | 6.96 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in HSD Engine 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 Equity Valuation Now
Equity ValuationCheck real value of public entities based on technical and fundamental data |
| All Next | Launch Module |
HSD Engine Corporate Management
Elected by the shareholders, the HSD Engine's board of directors comprises two types of representatives: HSD Engine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HSD. The board's role is to monitor HSD Engine's management team and ensure that shareholders' interests are well served. HSD Engine'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, HSD Engine's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kim HyunGwon | Head VP | Profile | |
| Jeon JaeYoung | Managing Corp | Profile | |
| JaeHong Hur | Managing Sales | Profile | |
| WeeYoung Lee | Managing Bus | Profile | |
| Kim IlDoh | Managing Treasurer | Profile | |
| Kim YoungHyo | Managing Division | Profile | |
| ManGyun Kim | Managing Management | Profile |