April 27, 2024
Stocks & Bonds
[STOCK WATCH] Nexen Tire falls 1.49%
[THE INVESTOR] As of Sept. 18 11:55 A.M., Nexen Tire declined 1.49%, compared with yesterday, to 13,200 won. It had edged along with a similar price through the past month. Standard deviation, the volatility index for stock price, was 1.1% on the same period of time over one month.
Compared with its close competitors within the same industry, KOSPI, while the monthly earnings rate of Nexen Tire had edged along, its volatility for 1 month was at the lowest level. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was 0.1%. Even though there is no increasing on the return, low volatility lead the return-on-risk to a proper rate. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, 4.4, and thus it is hard to say that 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.
Compared with its close competitors within the same industry, KOSPI, while the monthly earnings rate of Nexen Tire had edged along, its volatility for 1 month was at the lowest level. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was 0.1%. Even though there is no increasing on the return, low volatility lead the return-on-risk to a proper rate. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, 4.4, and thus it is hard to say that 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.
