Medy Tox Correlations
| 086900 Stock | KRW 133,200 400.00 0.30% |
The current 90-days correlation between Medy Tox and Hugel Inc is 0.45 (i.e., Very weak diversification). The correlation of Medy Tox 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.
Medy Tox Correlation With Market
Significant diversification
The correlation between Medy Tox and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Medy Tox and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Medy Tox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medy Tox 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 Medy Tox - 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 Medy Tox to buy it.
Moving together with Medy Stock
| 0.72 | 005935 | Samsung Electronics | PairCorr |
| 0.75 | 005930 | Samsung Electronics | PairCorr |
| 0.8 | 005490 | POSCO Holdings | PairCorr |
| 0.66 | 005387 | Hyundai Motor | PairCorr |
| 0.74 | 005385 | Hyundai Motor | PairCorr |
| 0.82 | 005380 | Hyundai Motor | PairCorr |
| 0.67 | 000270 | Kia Corp | PairCorr |
Moving against Medy Stock
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Medy Tox 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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Medy Tox Corporate Management
Elected by the shareholders, the Medy Tox's board of directors comprises two types of representatives: Medy Tox inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Medy. The board's role is to monitor Medy Tox's management team and ensure that shareholders' interests are well served. Medy Tox'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, Medy Tox's outside directors are responsible for providing unbiased perspectives on the board's policies.
| HeeSeok Joo | Managing Division | Profile | |
| SeungBum Park | Head Director | Profile | |
| HyunHo Jung | CEO Director | Profile | |
| YongIn Kim | Managing Devel | Profile | |
| KiHyuk Yang | MD Laboratory | Profile | |
| Lopez Michael | Managing Office | Profile | |
| WooSun Lee | Director Department | Profile |