[THE INVESTOR] On Sept. 29, Telcoware (078000) rose 3.36% to 12,300 won (US$11.24). It had declined 4.33% through the past month. Standard deviation, which indicates variableness, records 1% over 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 Telcoware stayed negative, 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 -4.3%. Though the volatility was the lowest among its peer group, the return-on-risk was low as stock price decline. Moreover, compared with the KOSPI industry, the retun-on-risk is below the industrial mean, 2.5, and thus it is hard to say that the industrial comparison performance was positive.

From Sept. 13, institutions have been continously selling Telcoware during the past 9 trading days. As a shareholding sum by investor group for the past 4 weeks, foreigners have sold 42,667 shares with maintenance of a selling position and institutions have sold 38,604 shares with a selling trend. However, during the same period, individuals have bought 81,271 shares with an increasing 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.