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[STOCK WATCH] Mirae Asset Life Insurance drops for 3rd straight day

Sept. 13, 2016 - 15:51 By 최희석

[THE INVESTOR] On Sept. 13, Mirae Asset Life Insurance (085620) declined 1.52%to 4,220 won (US$3.77). It had declined 5.72% through the past month. Standard deviation, which indicates variableness, records 1.4% over the same period of time over one month.

Compared with its close competitors within the same industry, KOSPI, Mirae Asset Life Insurance was not only satisfactory in investment return among its peer group, but its volatility was also relatively good. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -4.0%. With low volatility, the return-on-risk remained around the average of its peer group. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, -3.8, and thus it is hard to say that the industrial comparison performance was positive.


  
- The Return On Risk, -4.0, it is higher than the industrial median
- Most of related stocks also decline. Financials industry -1.73%
- Target price KRW 5,400, has 28% disparate to increase compared with stock price.
- Institutions and Foreigners buy, Individuals sell
- Turnover Rate and Price Range both proper
- Participation of Foreigners is active, 22.94%


On Sept. 12, foreigners bought 28,836 shares, while institutions sold 33,550 shares. As a shareholding sum by investor group for the past four weeks, foreigners have bought 222,943 shares with a maintenance of shareholding and institutions have bought 7,454 shares in spite of lowered the position recently. However, during the same period, individuals have sold 230,397 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.