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The Korea Herald
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THE INVESTOR
March 28, 2024

Stocks & Bonds

[STOCK WATCH] KUMHOTIRE falls 5.37%

  • PUBLISHED :August 18, 2017 - 09:42
  • UPDATED :August 18, 2017 - 09:42
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[THE INVESTOR] As of Aug. 18 09:25 A.M., KUMHOTIRE declined 5.37%, compared with yesterday, to 6,700 won. It had declined 8.47% through the past month. Standard deviation, the variableness index, was 2.2% on the same period over one month.

Compared with its close competitors within the same industry, KOSPI, the monthly volatility of KUMHOTIRE was around the average of that of its peer group, but the investment return for 1 month was at an absolutely low level. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -3.8%. As high volatility and a bearish stock price trend, the return-on-risk was poor, compared with its peer group. However, the return-on-risk is much better than the industrial mean, -7.0, 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.

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