[THE INVESTOR] On Sept. 29, Korean Re (003690) slightly edged down 1.26% to 11,750 won (US$10.69). It had declined 1.25% through the past month. Standard deviation, the variableness index, was 1% on the same period over one month.

Compared with its close competitors within the same industry, KOSPI, even though the monthly earnings rate of Korean Re stayed negative, its volatility for one month was at the lowest level. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -1.2%. As the volatility was low, the return-on-risk was a proper rate in spite of stock price decline. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, 2.6, and thus it is hard to say that the industrial comparison performance was positive.

While institutions have been selling Korean Re during the past four trading days, foreigners have been buying during the past two trading days. As a shareholding sum by investor group for the past four weeks, foreigners have bought 338,124 shares with a maintenance of shareholding and institutions have bought 151,983 shares in spite of lowered the position recently. However, during the same period, individuals have sold 490,107 shares with a decreasing position.

Cumulated shareholdings per investor group (1Mo) Total shareholdings per investor group

By HeRo (hero@heraldcorp.com)

This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp.