ISU Abxis Correlations
| 086890 Stock | KRW 4,465 10.00 0.22% |
The current 90-days correlation between ISU Abxis and ALTEOGEN is 0.22 (i.e., Modest diversification). The correlation of ISU Abxis 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.
ISU Abxis Correlation With Market
Significant diversification
The correlation between ISU Abxis Co and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ISU Abxis Co and DJI in the same portfolio, assuming nothing else is changed.
ISU |
The ability to find closely correlated positions to ISU Abxis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ISU Abxis 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 ISU Abxis - 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 ISU Abxis Co to buy it.
Moving together with ISU Stock
| 0.72 | 207940 | Samsung Biologics | PairCorr |
| 0.72 | 326030 | Sk Biopharmaceuticals | PairCorr |
| 0.73 | 298380 | ABL Bio | PairCorr |
| 0.96 | 144510 | Green Cross Lab | PairCorr |
| 0.88 | 235980 | MedPacto | PairCorr |
| 0.83 | 334970 | Prestige Biologics | PairCorr |
| 0.76 | 005935 | Samsung Electronics | PairCorr |
| 0.77 | 005930 | Samsung Electronics | PairCorr |
| 0.92 | 005490 | POSCO Holdings | PairCorr |
| 0.8 | 005387 | Hyundai Motor | PairCorr |
| 0.78 | 005385 | Hyundai Motor | PairCorr |
| 0.76 | 005380 | Hyundai Motor | PairCorr |
Moving against ISU Stock
| 0.91 | 035420 | Naver | PairCorr |
| 0.84 | 032640 | LG Uplus | PairCorr |
| 0.65 | 003535 | Hanwha InvestmentSecuri | PairCorr |
| 0.63 | 039240 | Gyeongnam Steel | PairCorr |
| 0.51 | 011200 | HMM Co | PairCorr |
| 0.9 | 035900 | JYP Entertainment | PairCorr |
| 0.81 | 014940 | Oriental Precision | PairCorr |
| 0.8 | 122870 | YG Entertainment | PairCorr |
| 0.79 | 078160 | MEDIPOST | PairCorr |
| 0.75 | 041510 | SM Entertainment | PairCorr |
| 0.74 | 011390 | Busan Industrial | PairCorr |
| 0.71 | 153460 | Nable Communications | PairCorr |
| 0.7 | 003490 | Korean Air Lines | PairCorr |
| 0.67 | 230240 | Hana Financial 7 | PairCorr |
| 0.67 | 071055 | Korea Investment Holdings | PairCorr |
| 0.63 | 241840 | ASTORY CoLtd | PairCorr |
| 0.57 | 065660 | AnterogenCoLtd | PairCorr |
| 0.5 | 012330 | Hyundai Mobis | PairCorr |
| 0.5 | 205470 | Humasis | PairCorr |
| 0.36 | 005430 | Korea Air Svc | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between ISU Stock performing well and ISU Abxis 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 ISU Abxis' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 298380 | 3.40 | (0.07) | 0.00 | (0.27) | 0.00 | 7.75 | 26.64 | |||
| 196170 | 3.83 | (0.08) | 0.00 | (0.31) | 0.00 | 9.55 | 30.73 | |||
| 032500 | 2.53 | 0.17 | 0.05 | 0.21 | 3.10 | 7.10 | 16.80 | |||
| 068760 | 2.08 | (0.14) | 0.00 | 0.24 | 0.00 | 4.59 | 16.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ISU Abxis 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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ISU Abxis Corporate Management
Elected by the shareholders, the ISU Abxis' board of directors comprises two types of representatives: ISU Abxis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ISU. The board's role is to monitor ISU Abxis' management team and ensure that shareholders' interests are well served. ISU Abxis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ISU Abxis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| ChangHoon Choi | Exec | Profile | |
| SangHo Park | Chief Officer | Profile | |
| JaeHeung Lee | Exec | Profile | |
| HyunIl Kim | Exec | Profile | |
| JinChul Shin | Exec | Profile | |
| JoonYoung Park | Exec | Profile | |
| SungHo Choi | Exec | Profile |