Yong Joo - Mirae Asset Exec Division
| 006800 Stock | 8,560 20.00 0.23% |
Executive
Yong Joo is Exec Division of Mirae Asset Daewoo
| Age | 52 |
| Phone | 82 2 3774 6755 |
| Web | https://securities.miraeasset.com |
Mirae Asset Management Efficiency
Mirae Asset's management efficiency ratios could be used to measure how well Mirae Asset manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 2 records | EXECUTIVE Age | ||
| WonMo Kang | ChipsMedia | N/A | |
| Jinhong Oh | ChipsMedia | N/A | |
Management Performance
| Return On Equity | 0.07 | |||
| Return On Asset | 0.0067 |
Mirae Asset Daewoo Leadership Team
Elected by the shareholders, the Mirae Asset's board of directors comprises two types of representatives: Mirae Asset inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mirae. The board's role is to monitor Mirae Asset's management team and ensure that shareholders' interests are well served. Mirae Asset'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, Mirae Asset's outside directors are responsible for providing unbiased perspectives on the board's policies.
| JaeSik Kim, President | ||
| Jeon Seo, Head Research | ||
| Man Lee, Chief CEO | ||
| Yong Joo, Exec Division | ||
| Shin Park, Director Director | ||
| Yu Oh, Managing Bus | ||
| Kil Kang, VP Officer | ||
| Hyun Choi, Ex CEO | ||
| Seong Huh, Managing Director | ||
| Mu Sang, Head Director |
Mirae Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mirae Asset a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.07 | |||
| Return On Asset | 0.0067 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 17.27 T | |||
| Shares Outstanding | 469.15 M | |||
| Shares Owned By Insiders | 0.28 % | |||
| Shares Owned By Institutions | 35.94 % | |||
| Price To Book | 0.40 X | |||
| Price To Sales | 0.21 X |
Pair Trading with Mirae Asset
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mirae Asset position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mirae Asset will appreciate offsetting losses from the drop in the long position's value.Moving against Mirae Stock
The ability to find closely correlated positions to Mirae Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mirae Asset 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 Mirae Asset - 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 Mirae Asset Daewoo to buy it.
The correlation of Mirae Asset 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mirae Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mirae Asset Daewoo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mirae Asset can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Mirae Stock
Mirae Asset financial ratios help investors to determine whether Mirae Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mirae with respect to the benefits of owning Mirae Asset security.