Wonik Ips Correlations
| 240810 Stock | KRW 22,850 450.00 1.93% |
The correlation of Wonik Ips 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.
Wonik Ips Correlation With Market
Average diversification
The correlation between Wonik Ips Co and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wonik Ips Co and DJI in the same portfolio, assuming nothing else is changed.
Wonik |
The ability to find closely correlated positions to Wonik Ips could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wonik Ips 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 Wonik Ips - 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 Wonik Ips Co to buy it.
Moving together with Wonik Stock
| 0.93 | 254120 | Xavis | PairCorr |
| 0.9 | 353190 | Hurum | PairCorr |
| 0.66 | 336570 | Daishin Balance No8 | PairCorr |
| 0.72 | 034830 | Korea Real Estate | PairCorr |
| 0.64 | 030350 | Dragonfly GF Split | PairCorr |
Related Correlations Analysis
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Our tools can tell you how much better you can do entering a position in Wonik Ips 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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Wonik Ips Corporate Management
Elected by the shareholders, the Wonik Ips' board of directors comprises two types of representatives: Wonik Ips inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wonik. The board's role is to monitor Wonik Ips' management team and ensure that shareholders' interests are well served. Wonik Ips' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wonik Ips' outside directors are responsible for providing unbiased perspectives on the board's policies.
| DongCheol Kim | Managing Fin | Profile | |
| SangJoon Park | Sr Mang | Profile | |
| MoonSoo Park | MD Mang | Profile | |
| Jae Lee | Director | Profile | |
| HyungChan Ha | MD Mang | Profile | |
| SungKi Park | Head Division | Profile |