LEADCORP Correlations

012700 Stock

KRW 4,855 185.00 3.67%

The current 90-days correlation between LEADCORP and Woori Technology Investment is -0.04 (i.e., Good diversification). The correlation of LEADCORP 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.

The ability to find closely correlated positions to LEADCORP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LEADCORP 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 LEADCORP - 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 The LEADCORP to buy it.

Moving together with LEADCORP Stock

0.76	034830	Korea Real Estate	Pair Corr
0.7	034950	Korea Ratings	Pair Corr
0.81	053080	Wonbang Tech	Pair Corr

Related Correlations Analysis

	043260	041190	003535	900310	036010	263810	066575
043260		0.34	0.36	-0.68	0.38	0.49	0.37	043260
041190	0.34		0.88	-0.31	0.87	0.78	0.87	041190
003535	0.36	0.88		-0.33	0.82	0.63	0.83	003535
900310	-0.68	-0.31	-0.33		-0.27	-0.53	-0.33	900310
036010	0.38	0.87	0.82	-0.27		0.67	0.9	036010
263810	0.49	0.78	0.63	-0.53	0.67		0.72	263810
066575	0.37	0.87	0.83	-0.33	0.9	0.72		066575
	043260	041190	003535	900310	036010	263810	066575

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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

066575	+ 0.9	036010
003535	+ 0.88	041190
036010	+ 0.87	041190
066575	+ 0.87	041190
066575	+ 0.83	003535
036010	+ 0.82	003535

High negative correlations

900310	- 0.68	043260
263810	- 0.53	900310
066575	- 0.33	900310
900310	- 0.33	003535
900310	- 0.31	041190
036010	- 0.27	900310

Risk-Adjusted Indicators

There is a big difference between LEADCORP Stock performing well and LEADCORP 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 LEADCORP'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
043260	1.47	0.31	0.09	(0.60)	1.13	(1.87)	5.04	(1.95)	12.58
041190	2.89	0.90	0.24	2.07	2.77	(3.46)	7.66	(4.18)	30.72
003535	2.60	0.79	0.19	(2.33)	2.77	(2.95)	5.50	(4.32)	29.39
900310	1.51	(0.25)	0.00	(0.55)	0.00	0.00	3.30	(4.39)	15.61
036010	1.48	0.26	0.06	(0.95)	1.45	(1.72)	3.30	(2.50)	8.09
263810	0.68	0.21	0.08	(1.35)	0.35	(1.00)	1.85	(0.99)	4.67
066575	1.10	0.17	0.03	2.46	1.22	(1.22)	2.10	(2.25)	7.28

Be your own money manager

Our tools can tell you how much better you can do entering a position in LEADCORP 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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LEADCORP Corporate Management

Elected by the shareholders, the LEADCORP's board of directors comprises two types of representatives: LEADCORP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LEADCORP. The board's role is to monitor LEADCORP's management team and ensure that shareholders' interests are well served. LEADCORP'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, LEADCORP's outside directors are responsible for providing unbiased perspectives on the board's policies.

ChulWoo Kim	Chief Officer	Profile
SoonBum Kim	Sr Division	Profile
JungTak Moon	Managing Division	Profile
JangWoo Hyung	Managing Director	Profile
JinHa Yu	Director Directors	Profile
ChangSoo Go	Ex Officer	Profile
ChangHyung Lee	Ex Officer	Profile

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