[THE INVESTOR] On Oct. 21, Changhae Ethanol (004650) increased 0.73% to 20,700 won (US$18.84). It had declined 2.56% through the past month. Standard deviation, the variableness index, was 1.9% on the same period over one month.

Compared with its close competitors within the same industry, KOSDAQ, the monthly volatility of Changhae Ethanol was not so high, the earnings rate for one month was also the lowest with decline of stock price. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -1.3%. As high volatility and a bearish stock price trend, the return-on-risk was poor, compared with its peer group. However, the return-on-risk is much better than the industrial mean, -3.8, and thus the industrial comparison performance was good.

Yesterday, institutions and foreigners bought 3,246 shares and 25 shares. As a shareholding sum by investor group for the past four weeks, foreigners have bought 14,335 shares with a maintenance of shareholding and individuals have bought 42,797 shares with an increasing position. However, during the same period, institutions have sold 57,132 shares with a selling trend.

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.