April 20, 2024
Stocks & Bonds
[STOCK WATCH] Nextchip rises 2.68%
[THE INVESTOR] As of Aug. 16 02:25 P.M., Nextchip increased 2.68%, compared with yesterday, to 8,800 won. It had declined 17.76% through the past month. Standard deviation, the volatility index for stock price, was 4.1% on the same period of time over one month.
Compared with its close competitors within the same industry, KOSDAQ, as the monthly volatility of Nextchip relatively expanded, the stock price decline to the lowest among the its peer group's. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -4.3%. Since the risk increased as volatility grew, the return-on-risk was the worst. However, the return-on-risk is much better than the industrial mean, -5.4, 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, KOSDAQ, as the monthly volatility of Nextchip relatively expanded, the stock price decline to the lowest among the its peer group's. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -4.3%. Since the risk increased as volatility grew, the return-on-risk was the worst. However, the return-on-risk is much better than the industrial mean, -5.4, 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.
