April 20, 2024
Stocks & Bonds
[STOCK WATCH] SK Innovation rises 2.9%
[THE INVESTOR] As of Aug. 4 11:10 A.M., SK Innovation increased 2.9%, compared with yesterday, to 177,500 won. It had increased 11.99% through the past month. Standard deviation, which indicates risk, records 1.4% over the same period over one month.
Compared with its close competitors within the same industry, KOSPI, the monthly earnings rate of SK Innovation was the highest, while its volatility within 1 month was at a proper rate. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was 8.5. Even though the volatility was not so low, the high return lead the return-on-risk to a high level. Moreover, compared with the KOSPI industry, the return-on-risk is much better than the industrial mean, 0.4, and thus the industrial comparison performance was good.
By HeRo (hero@heraldcorp.com)
This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp.
Compared with its close competitors within the same industry, KOSPI, the monthly earnings rate of SK Innovation was the highest, while its volatility within 1 month was at a proper rate. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was 8.5. Even though the volatility was not so low, the high return lead the return-on-risk to a high level. Moreover, compared with the KOSPI industry, the return-on-risk is much better than the industrial mean, 0.4, and thus the industrial comparison performance was good.
By HeRo (hero@heraldcorp.com)
This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp.
