[THE INVESTOR] On Oct. 13, Mirae Asset Daewoo (006800) fell 1.26% to 7,850 won (US$6.97). It had declined 1.5% through the past month. Standard deviation, the variableness index, was 1.8% on the same period over one month.

Compared with its close competitors within the same industry, KOSPI, even though the investment return of Mirae Asset Daewoo was satisfactory among its peer group, its volatility for 1 month was considerably higher than that of its peer group. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -0.8%. Though the decline rate of stock price is relatively low, the return-on-risk remain high value in spite of high volatility. Moreover, compared with the KOSPI industry, the return-on-risk is much better than the industrial mean, -3.3, and thus the industrial comparison performance was positive.

From Oct. 11, institutions have been continuously buying Mirae Asset Daewoo during the past 2 trading days. As a shareholding sum by investor group for the past 4 weeks, foreigners have sold 315,198 shares and institutions have sold 434,075 shares with a changing stance to selling from buying. However, during the same period, individuals have bought 749,273 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.