Samsung SDI Correlations
| 006400 Stock | 264,500 5,000 1.93% |
The current 90-days correlation between Samsung SDI and Shinsegae Information Communication is 0.29 (i.e., Modest diversification). The correlation of Samsung SDI 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.
Samsung SDI Correlation With Market
Good diversification
The correlation between Samsung SDI and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Samsung SDI and DJI in the same portfolio, assuming nothing else is changed.
Samsung |
The ability to find closely correlated positions to Samsung SDI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samsung SDI 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 Samsung SDI - 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 Samsung SDI to buy it.
Related Correlations Analysis
| 0.18 | 0.45 | 0.27 | 0.03 | 0.23 | 0.63 | 035510 | ||
| 0.18 | 0.31 | 0.4 | 0.48 | 0.66 | 0.56 | 025770 | ||
| 0.45 | 0.31 | 0.26 | 0.41 | 0.47 | 0.55 | 015260 | ||
| 0.27 | 0.4 | 0.26 | 0.07 | 0.2 | 0.32 | 002700 | ||
| 0.03 | 0.48 | 0.41 | 0.07 | 0.71 | 0.38 | 027040 | ||
| 0.23 | 0.66 | 0.47 | 0.2 | 0.71 | 0.65 | 286940 | ||
| 0.63 | 0.56 | 0.55 | 0.32 | 0.38 | 0.65 | 263810 | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Samsung Stock performing well and Samsung SDI 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 Samsung SDI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 035510 | 1.23 | (0.03) | 0.00 | 0.19 | 0.00 | 2.68 | 9.39 | |||
| 025770 | 0.93 | 0.03 | (0.08) | (0.03) | 1.08 | 2.23 | 6.76 | |||
| 015260 | 2.46 | (0.12) | 0.00 | (0.09) | 0.00 | 4.43 | 22.20 | |||
| 002700 | 0.80 | (0.04) | 0.00 | (0.09) | 0.00 | 1.96 | 4.91 | |||
| 027040 | 1.80 | (0.27) | 0.00 | (0.17) | 0.00 | 2.42 | 43.02 | |||
| 286940 | 2.30 | (0.19) | 0.00 | 0.93 | 0.00 | 4.42 | 23.89 | |||
| 263810 | 1.23 | (0.13) | 0.00 | (0.42) | 0.00 | 2.77 | 9.88 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Samsung SDI 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 Holdings Now
Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
| All Next | Launch Module |
Samsung SDI Corporate Management
Elected by the shareholders, the Samsung SDI's board of directors comprises two types of representatives: Samsung SDI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Samsung. The board's role is to monitor Samsung SDI's management team and ensure that shareholders' interests are well served. Samsung SDI'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, Samsung SDI's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chun Dongrak | Head Officer | Profile | |
| Yoo Euijin | Head VP | Profile | |
| Kim Sungdo | Head VP | Profile | |
| YoonHo Choi | CEO Pres | Profile | |
| Jong Kim | CFO Office | Profile | |
| JeonDeug Kim | Managing Director | Profile | |
| YoungHyun Jun | Ex Chairman | Profile |