Kaonmedia Correlations
| 078890 Stock | KRW 3,370 90.00 2.60% |
The current 90-days correlation between Kaonmedia and Dongsin Engineering Construction is 0.03 (i.e., Significant diversification). The correlation of Kaonmedia 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.
Kaonmedia Correlation With Market
Good diversification
The correlation between Kaonmedia Co and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kaonmedia Co and DJI in the same portfolio, assuming nothing else is changed.
Kaonmedia |
The ability to find closely correlated positions to Kaonmedia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kaonmedia 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 Kaonmedia - 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 Kaonmedia Co to buy it.
Moving together with Kaonmedia Stock
| 0.92 | 254120 | Xavis | PairCorr |
| 0.89 | 353190 | Hurum | PairCorr |
| 0.69 | 336570 | Daishin Balance No8 | PairCorr |
| 0.76 | 034830 | Korea Real Estate | PairCorr |
| 0.82 | 030350 | Dragonfly GF Split | 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 Kaonmedia Stock performing well and Kaonmedia 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 Kaonmedia'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 025950 | 3.11 | (0.12) | 0.00 | 0.06 | 5.51 | 4.68 | 36.80 | |||
| 336260 | 2.32 | 0.06 | (0.03) | (1.02) | 2.61 | 6.06 | 18.70 | |||
| 217270 | 1.71 | 0.00 | 0.00 | 0.13 | 0.00 | 3.87 | 17.65 | |||
| 045340 | 2.03 | (0.02) | (0.02) | 0.07 | 4.11 | 3.02 | 32.64 | |||
| 293780 | 3.07 | (0.20) | 0.00 | 0.84 | 0.00 | 6.16 | 19.84 | |||
| 241840 | 1.66 | 0.08 | (0.03) | (0.42) | 2.04 | 3.78 | 10.97 | |||
| 215480 | 1.25 | (0.28) | 0.00 | 0.98 | 0.00 | 2.26 | 7.36 | |||
| 187870 | 1.51 | (0.13) | 0.00 | (0.36) | 0.00 | 2.64 | 9.28 | |||
| 050960 | 1.04 | (0.32) | 0.00 | (1.91) | 0.00 | 2.19 | 8.76 | |||
| 106240 | 1.25 | (0.40) | 0.00 | (5.57) | 0.00 | 2.44 | 10.98 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kaonmedia 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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Kaonmedia Corporate Management
Elected by the shareholders, the Kaonmedia's board of directors comprises two types of representatives: Kaonmedia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kaonmedia. The board's role is to monitor Kaonmedia's management team and ensure that shareholders' interests are well served. Kaonmedia'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, Kaonmedia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| ChulMin Kim | MD CTO | Profile | |
| TaeBong Choi | Ex COO | Profile | |
| WonYong Chung | Managing Director | Profile | |
| HwaSeop Lim | CEO, Founder | Profile | |
| Tom Buhl | Ex Director | Profile | |
| TaeWon Kim | Head Director | Profile |