[THE INVESTOR] On Sept. 19, Hanwha General Insurance (000370) declined 1.22% to 6,500 won (US$5.8). It had declined 7.73% 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, the monthly volatility of Hanwha General Insurance was around the average of that of its peer group, but the investment return for 1 month was at an absolutely low level. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -5.5%. As high volatility and a bearish stock price trend, the return-on-risk was poor, compared with its peer group. Moreover, compared with the KOSPI industry, the return-on-risk is below the industrial mean, -2.5, and thus the industrial comparison performance was not so good.
While institutions have been buying Hanwha General Insurance during the past three trading days, foreigners have been selling during the past three trading days. As a shareholding sum by investor group for the past four weeks, Foreigners have sold 52,528 shares and institutions have sold 551,867 shares with dominant selling. However, during the same period, individuals have bought 604,395 shares with an increasing position.
By HeRo (hero@heraldcorp.com)
This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp.