GalaxiaMoneytree Correlations
| 094480 Stock | KRW 8,500 280.00 3.41% |
The current 90-days correlation between GalaxiaMoneytree CoLtd and Danal Co is -0.19 (i.e., Good diversification). The correlation of GalaxiaMoneytree 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.
GalaxiaMoneytree Correlation With Market
Weak diversification
The correlation between GalaxiaMoneytree CoLtd and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GalaxiaMoneytree CoLtd and DJI in the same portfolio, assuming nothing else is changed.
GalaxiaMoneytree |
The ability to find closely correlated positions to GalaxiaMoneytree could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GalaxiaMoneytree 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 GalaxiaMoneytree - 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 GalaxiaMoneytree CoLtd to buy it.
Moving against GalaxiaMoneytree Stock
Related Correlations Analysis
| -0.23 | 0.51 | -0.51 | 0.39 | 064260 | ||
| -0.23 | 0.05 | 0.78 | 0.03 | 078340 | ||
| 0.51 | 0.05 | -0.21 | 0.64 | 060250 | ||
| -0.51 | 0.78 | -0.21 | -0.15 | 112040 | ||
| 0.39 | 0.03 | 0.64 | -0.15 | 067160 | ||
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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 GalaxiaMoneytree Stock performing well and GalaxiaMoneytree 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 GalaxiaMoneytree'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 064260 | 1.49 | (0.20) | 0.00 | (0.41) | 0.00 | 3.41 | 10.00 | |||
| 078340 | 2.39 | 0.36 | 0.07 | (0.76) | 2.44 | 6.06 | 12.92 | |||
| 060250 | 1.59 | 0.04 | (0.04) | (0.31) | 1.98 | 2.99 | 8.20 | |||
| 112040 | 3.02 | 0.53 | 0.18 | 0.92 | 2.48 | 9.70 | 17.81 | |||
| 067160 | 1.92 | (0.09) | 0.00 | (0.08) | 0.00 | 5.19 | 11.60 |
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GalaxiaMoneytree Corporate Management
Elected by the shareholders, the GalaxiaMoneytree's board of directors comprises two types of representatives: GalaxiaMoneytree inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GalaxiaMoneytree. The board's role is to monitor GalaxiaMoneytree's management team and ensure that shareholders' interests are well served. GalaxiaMoneytree'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, GalaxiaMoneytree's outside directors are responsible for providing unbiased perspectives on the board's policies.
| CheonSu Kim | Managing Director | Profile | |
| Kim Chul | Managing Director | Profile | |
| SeungHoon Chung | Managing Director | Profile | |
| JaeII Oh | VP | Profile | |
| HoJun Lee | Managing Director | Profile | |
| DongGun Jang | Ex Officer | Profile | |
| Jean Koh | Chief Officer | Profile |