Samsung Electronics Correlations

SMSN Stock

USD 972.50 21.00 2.21%

The current 90-days correlation between Samsung Electronics and Samsung Electronics Co is 0.18 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Samsung Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samsung Electronics Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Samsung Electronics Correlation With Market

Average diversification

The correlation between Samsung Electronics Co and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Samsung Electronics Co and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Samsung Electronics 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 Electronics 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 Electronics - 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 Electronics Co to buy it.

Moving together with Samsung Stock

0.83	SMSN	Samsung Electronics	Pair Corr
0.91	SMSD	Samsung Electronics	Pair Corr
0.83	BC94	Samsung Electronics	Pair Corr

Moving against Samsung Stock

0.68	IGG	IG Group Holdings	Pair Corr
0.61	0IZ8	Henkel AG	Pair Corr
0.6	0RG7	VP Bank AG	Pair Corr
0.56	0P6O	Volkswagen AG Non	Pair Corr
0.48	RR	Rolls Royce Holdings Earnings Call This Week	Pair Corr
0.45	TYT	Toyota Motor Corp	Pair Corr
0.44	0AAU	Surgical Science Sweden Earnings Call This Week	Pair Corr
0.39	0JXF	Protector Forsikring ASA	Pair Corr
0.38	BARC	Barclays PLC	Pair Corr
0.33	0R15	SoftBank Group Corp	Pair Corr
0.71	CMPG	CT Global Managed	Pair Corr
0.62	VTA	Volta Finance Limited	Pair Corr
0.59	AMRQ	Amaroq Minerals	Pair Corr
0.53	MHPC	MHP SE	Pair Corr
0.51	AJOT	AVI Japan Opportunity	Pair Corr
0.49	ADM	Admiral Group PLC	Pair Corr
0.48	HSBA	HSBC Holdings PLC Earnings Call This Week	Pair Corr
0.46	SBTX	SkinBioTherapeutics PLC	Pair Corr
0.43	SBDS	Silver Bullet Data	Pair Corr
0.37	FTC	Filtronic	Pair Corr
0.32	DEC	Diversified Energy	Pair Corr
0.31	ATR	Schroders Investment	Pair Corr

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 Samsung Electronics 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.

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Samsung Electronics Corporate Management

Elected by the shareholders, the Samsung Electronics' board of directors comprises two types of representatives: Samsung Electronics 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 Electronics' management team and ensure that shareholders' interests are well served. Samsung Electronics' 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 Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.

JungBae Lee	Head Pres	Profile
Jaeseung Lee	President	Profile
HyunChong Kim	Pres Officer	Profile
Kyungwhoon Cheun	President	Profile
Robert Yi	Head Relations	Profile
Hark Park	CFO Pres	Profile
Kyehyun Kyung	CEO Pres	Profile

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