Moatech Co Correlations
| 033200 Stock | KRW 2,895 40.00 1.36% |
The current 90-days correlation between Moatech Co and ENERGYMACHINERY KOREA CoLtd is 0.19 (i.e., Average diversification). The correlation of Moatech Co 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.
Moatech Co Correlation With Market
Significant diversification
The correlation between Moatech Co and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Moatech Co and DJI in the same portfolio, assuming nothing else is changed.
Moatech |
The ability to find closely correlated positions to Moatech Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moatech Co 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 Moatech Co - 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 Moatech Co to buy it.
Moving together with Moatech Stock
Moving against Moatech Stock
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
|
Risk-Adjusted Indicators
There is a big difference between Moatech Stock performing well and Moatech Co 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 Moatech Co'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 095190 | 1.98 | (0.54) | 0.00 | (0.58) | 0.00 | 5.86 | 15.52 | |||
| 010280 | 1.00 | (0.08) | 0.00 | 31.66 | 0.00 | 2.12 | 7.90 | |||
| 189860 | 2.90 | (0.40) | 0.00 | (0.87) | 0.00 | 9.24 | 25.25 | |||
| 035460 | 1.24 | (0.13) | 0.00 | 17.07 | 0.00 | 2.85 | 12.73 | |||
| 101170 | 2.44 | (0.45) | 0.00 | (19.27) | 0.00 | 5.44 | 16.45 | |||
| 027040 | 1.37 | (0.60) | 0.00 | (1.37) | 0.00 | 2.20 | 12.13 | |||
| 153460 | 0.91 | 0.06 | (0.06) | (0.16) | 1.18 | 2.91 | 5.48 | |||
| 099410 | 1.95 | 0.06 | 0.01 | 0.20 | 2.36 | 5.24 | 13.87 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Moatech Co 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 Portfolio Suggestion Now
Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios |
| All Next | Launch Module |
Moatech Co Corporate Management
Elected by the shareholders, the Moatech Co's board of directors comprises two types of representatives: Moatech Co inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Moatech. The board's role is to monitor Moatech Co's management team and ensure that shareholders' interests are well served. Moatech Co'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, Moatech Co's outside directors are responsible for providing unbiased perspectives on the board's policies.
| MyungII Baek | Managing Director | Profile | |
| NamJin Kim | Managing Director | Profile | |
| SungHo Kim | Managing Director | Profile | |
| JoonHo Chung | Managing Director | Profile | |
| JongYeong Park | Managing Director | Profile | |
| JaeHoon Yeon | Ex Officer | Profile | |
| HeungJae Won | Managing Director | Profile |