April 27, 2024
Stocks & Bonds
[STOCK WATCH] Hite Jinro rises 1.78%
[THE INVESTOR] As of Nov. 7 01:10 P.M., Hite Jinro increased 1.78%, compared with yesterday, to 25,700 won. It had declined 2.28% through the past month. Standard deviation, the volatility index for stock price, was 1.7% on 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 Hite Jinro 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 -1.3%. In spite of stock price decline, the return-on-risk remained around the average of its peer group. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, 10.5, 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, even though the monthly earnings rate of Hite Jinro 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 -1.3%. In spite of stock price decline, the return-on-risk remained around the average of its peer group. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, 10.5, 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.
