[STOCK WATCH] Nexen Tire falls during morning trading

Sept. 9, 2016 - 10:36 By 최희석

[THE INVESTOR] As of Sept. 9 10:10 a.m., Nexen Tire (002350) declined 2.06 percent to 14,250 won (US$ 12.95). It has risen 2.89 percent over the past month. Standard deviation, which indicates volatility of stock, for the period is 1.7 percent.

Compared to competitors listed on KOSPI, the monthly earnings rate of Nexen Tire is considerably higher but its volatility is relatively lower. Over the recent month, return-on-risk was 1.7 percent. Low volatility and a satisfactory stock price pushed up the return-on-risk figure.

- Compared with industrial mean, the Return comparison fluctuation was high

- All related stocks also decline. Chemicals industry fell 1.14 percent

- Target price 17,200 won is 20 percent higher than the current price

- Institutions and individuals sell, foreigners buy

- Turnover rate and price range are as expected

- Institutions hold 26.99 percent, foreigners 33.25 percent

As of Sept. 8, institutions have been buying for three trading days and foreigners have been buying for the past seven trading days. Over the past four weeks, foreigners have bought 655,025 shares. Over the same period, institutions have sold 190,664 shares and individuals have sold 464,361 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.

최희석