DukSan Neolux Correlations

213420 Stock

KRW 28,300 800.00 2.75%

The current 90-days correlation between DukSan Neolux CoLtd and Stic Investments is -0.04 (i.e., Good diversification). The correlation of DukSan Neolux 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.

DukSan Neolux Correlation With Market

Average diversification

The correlation between DukSan Neolux CoLtd and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DukSan Neolux CoLtd and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with DukSan Stock

0.65	278280	Chunbo	Pair Corr
0.69	112290	Youngchang Chemical	Pair Corr

Moving against DukSan Stock

0.44

298000

Hyosung Chemical Corp

Pair Corr

Related Correlations Analysis

	002810	001290	289080	026890	030210	035510	016610	093230
002810		-0.66	0.22	-0.69	0.23	-0.12	0.73	0.0	002810
001290	-0.66		-0.28	0.59	0.18	0.37	-0.73	0.0	001290
289080	0.22	-0.28		0.06	-0.46	0.02	0.52	0.0	289080
026890	-0.69	0.59	0.06		-0.11	0.18	-0.52	0.0	026890
030210	0.23	0.18	-0.46	-0.11		0.38	-0.23	0.0	030210
035510	-0.12	0.37	0.02	0.18	0.38		-0.31	0.0	035510
016610	0.73	-0.73	0.52	-0.52	-0.23	-0.31		0.0	016610
093230	0.0	0.0	0.0	0.0	0.0	0.0	0.0		093230
	002810	001290	289080	026890	030210	035510	016610	093230

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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

016610	+ 0.73	002810
026890	+ 0.59	001290
016610	+ 0.52	289080
035510	+ 0.38	030210
035510	+ 0.37	001290
030210	+ 0.23	002810

High negative correlations

016610	- 0.73	001290
026890	- 0.69	002810
001290	- 0.66	002810
016610	- 0.52	026890
030210	- 0.46	289080
016610	- 0.31	035510

Risk-Adjusted Indicators

There is a big difference between DukSan Stock performing well and DukSan Neolux 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 DukSan Neolux'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
002810	0.50	0.15	0.21	(16.68)	0.41	(0.57)	1.53	(0.96)	3.42
001290	0.75	(0.01)	(0.01)	0.11	0.84	(0.95)	1.64	(1.61)	4.00
289080	1.35	0.06	0.04	0.11	1.42	(1.60)	3.05	(2.60)	10.89
026890	1.53	0.05	0.02	0.08	1.83	(1.69)	3.35	(2.93)	8.46
030210	2.10	0.50	0.16	(1.69)	2.60	(2.64)	5.67	(2.91)	25.19
035510	3.12	0.67	0.23	4.04	2.39	(3.83)	9.05	(4.48)	38.43
016610	0.71	0.09	0.08	(0.77)	0.90	(0.91)	1.68	(1.19)	6.53
093230	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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Our tools can tell you how much better you can do entering a position in DukSan Neolux 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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DukSan Neolux Corporate Management

Elected by the shareholders, the DukSan Neolux's board of directors comprises two types of representatives: DukSan Neolux inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DukSan. The board's role is to monitor DukSan Neolux's management team and ensure that shareholders' interests are well served. DukSan Neolux'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, DukSan Neolux's outside directors are responsible for providing unbiased perspectives on the board's policies.

JunHo Lee	CEO Chairman	Profile
SuHoon Lee	Managing Director	Profile
SungKi Kang	Managing Director	Profile
SeokJong Lee	Managing Director	Profile
ByungJoo Kang	President	Profile

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