Samsung Electronics Correlations
| 005935 Stock | 55,100 300.00 0.55% |
The current 90-days correlation between Samsung Electronics and Coloray International Investment is 0.17 (i.e., Average diversification). The correlation of Samsung Electronics 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 |
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
| 0.84 | 003550 | LG Corp | PairCorr |
| 0.99 | 005930 | Samsung Electronics Earnings Call This Week | PairCorr |
| 0.82 | 005385 | Hyundai Motor | PairCorr |
| 0.86 | 005387 | Hyundai Motor | PairCorr |
| 0.86 | 005380 | Hyundai Motor Earnings Call Tomorrow | PairCorr |
| 0.93 | 024110 | Industrial Bank Earnings Call Tomorrow | PairCorr |
| 0.86 | 055550 | Shinhan Financial Earnings Call Tomorrow | PairCorr |
| 0.77 | 105560 | KB Financial Group Earnings Call Tomorrow | PairCorr |
| 0.85 | 000660 | SK Hynix | PairCorr |
Related Correlations Analysis
| -0.15 | -0.24 | 0.62 | 0.0 | -0.37 | 900310 | ||
| -0.15 | 0.53 | -0.1 | 0.0 | 0.47 | 051900 | ||
| -0.24 | 0.53 | -0.25 | 0.0 | 0.89 | 066575 | ||
| 0.62 | -0.1 | -0.25 | 0.0 | -0.42 | 005610 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 093230 | ||
| -0.37 | 0.47 | 0.89 | -0.42 | 0.0 | 005945 | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Samsung Stock performing well and Samsung Electronics 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 Electronics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 900310 | 1.36 | (0.19) | 0.00 | (0.76) | 0.00 | 3.30 | 15.61 | |||
| 051900 | 1.20 | 0.10 | (0.05) | 2.16 | 1.18 | 2.95 | 9.74 | |||
| 066575 | 1.08 | 0.12 | (0.01) | 1.03 | 1.21 | 2.10 | 7.28 | |||
| 005610 | 1.36 | (0.19) | 0.00 | (0.83) | 0.00 | 2.49 | 8.95 | |||
| 093230 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| 005945 | 1.48 | 0.47 | 0.16 | 2.29 | 1.46 | 4.42 | 12.59 |
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.Did you try this?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
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.
| TaeMoon Roh | Head Pres | Profile | |
| JongHee Han | CEO, Chairman | Profile | |
| JaeYong Lee | Ex Chairman | Profile | |
| JungBae Lee | Head Pres | Profile | |
| Jaeseung Lee | President | Profile | |
| HyunChong Kim | Pres Officer | Profile | |
| Kyungwhoon Cheun | President | Profile |