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The Korea Herald
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THE INVESTOR
April 26, 2024

Stocks & Bonds

[STOCK WATCH] Mirae Asset Life Insurance rises 1.85%

  • PUBLISHED :August 10, 2017 - 10:02
  • UPDATED :August 10, 2017 - 10:02
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[THE INVESTOR] As of Aug. 10 09:40 A.M., Mirae Asset Life Insurance increased 1.85%, compared with yesterday, to 5,520 won. It had declined 1.95% through the past month. Standard deviation, which indicates variableness, records 1.9% over the same period of time over one month.

Compared with its close competitors within the same industry, KOSPI, even though the monthly earnings rate of Mirae Asset Life Insurance recorded negative, its volatility for 1 month was proper. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -1.0%. In spite of stock price decline, the return-on-risk remained around the average of its peer group. In spite of that, the return-on-risk is much better than the industrial mean, -2.0, and thus the industrial comparison performance was positive.

By HeRo (hero@heraldcorp.com)
This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp.

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