KSEC Intelligent Correlations
| 301311 Stock | 19.43 0.71 3.53% |
The current 90-days correlation between KSEC Intelligent Tec and G bits Network Technology is 0.68 (i.e., Poor diversification). The correlation of KSEC Intelligent 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.
KSEC Intelligent Correlation With Market
Significant diversification
The correlation between KSEC Intelligent Technology and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KSEC Intelligent Technology and DJI in the same portfolio, assuming nothing else is changed.
KSEC |
The ability to find closely correlated positions to KSEC Intelligent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KSEC Intelligent 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 KSEC Intelligent - 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 KSEC Intelligent Technology to buy it.
Moving together with KSEC Stock
| 0.76 | 600519 | Kweichow Moutai | PairCorr |
| 0.86 | 601318 | Ping An Insurance | PairCorr |
| 0.67 | 600000 | Shanghai Pudong Deve | PairCorr |
| 0.72 | 300894 | Marssenger Kitchenware | PairCorr |
| 0.64 | 002432 | Andon Health | PairCorr |
| 0.77 | 601138 | Foxconn Industrial | PairCorr |
| 0.8 | 000661 | Changchun High New | PairCorr |
| 0.79 | 600583 | Offshore Oil Engineering | PairCorr |
| 0.82 | 900934 | Shanghai Jin Jiang | PairCorr |
| 0.85 | 603688 | Jiangsu Pacific Quartz | PairCorr |
| 0.82 | 601336 | New China Life | PairCorr |
| 0.67 | 601166 | Industrial Bank | PairCorr |
| 0.69 | 000408 | Zangge Holding | PairCorr |
| 0.75 | 601636 | Zhuzhou Kibing Group | PairCorr |
| 0.82 | 002555 | 37 Interactive Enter | PairCorr |
| 0.66 | 300729 | Loctek Ergonomic Tec | PairCorr |
| 0.74 | 000157 | Zoomlion Heavy Industry | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 KSEC Stock performing well and KSEC Intelligent 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 KSEC Intelligent'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 600519 | 1.65 | 0.26 | 0.12 | 0.91 | 1.66 | 6.55 | 16.71 | |||
| 300760 | 2.13 | 0.20 | 0.06 | (1.96) | 2.40 | 4.81 | 19.76 | |||
| 603688 | 2.71 | 0.47 | 0.14 | 41.13 | 2.72 | 8.33 | 19.04 | |||
| 603444 | 2.52 | 0.32 | 0.08 | (1.88) | 3.22 | 5.75 | 18.75 | |||
| 688036 | 2.97 | 0.35 | 0.09 | 0.44 | 3.30 | 6.01 | 31.26 | |||
| 688169 | 3.04 | (0.04) | 0.00 | 0.96 | 0.00 | 5.74 | 34.80 | |||
| 000568 | 2.36 | 0.42 | 0.15 | 0.82 | 2.33 | 10.00 | 20.00 | |||
| 000719 | 2.05 | 0.15 | 0.04 | (11.62) | 2.53 | 4.39 | 16.97 | |||
| 300750 | 2.73 | 0.66 | 0.18 | (3.18) | 3.00 | 7.94 | 33.42 | |||
| 000858 | 2.11 | 0.44 | 0.17 | 1.16 | 2.05 | 7.27 | 19.98 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in KSEC Intelligent 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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KSEC Intelligent Corporate Management
Elected by the shareholders, the KSEC Intelligent's board of directors comprises two types of representatives: KSEC Intelligent inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KSEC. The board's role is to monitor KSEC Intelligent's management team and ensure that shareholders' interests are well served. KSEC Intelligent'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, KSEC Intelligent's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Zhiguo Zhang | Deputy Manager | Profile | |
| Rongqi Jiang | Board Secretary | Profile | |
| Chaoyang Bao | Deputy Manager | Profile | |
| Yuk Wong | Deputy Manager | Profile | |
| Min Lei | Deputy Manager | Profile |