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The Korea Herald
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THE INVESTOR
March 29, 2024

Stocks & Bonds

[STOCK WATCH] TONGYANG LIFE rises 0.87%

  • PUBLISHED :August 23, 2017 - 09:52
  • UPDATED :August 23, 2017 - 09:52
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[THE INVESTOR] As of Aug. 23 09:10 A.M., TONGYANG LIFE slightly edged up 0.87% to 9,270 won. It had declined 6.55% through the past month. Standard deviation, which indicates risk, records 1.3% over the same period over one month.

Compared with its close competitors within the same industry, KOSPI, even though the monthly earnings rate of TONGYANG LIFE 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 -5.0%. 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, -6.4, 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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