[STOCK WATCH] CJ E&M edges up, remains far short of target

[THE INVESTOR]

On Sept. 13 CJ E&M (130960) increased 0.76%, from the previous day, to 66,200 won (US$59.13). It had declined 2.48% through the past month. Standard deviation, which indicates variableness, records 2.3% over the same period of time over one month.

Compared with its close competitors within the same industry, KOSDAQ, even though the monthly earnings rate of CJ E&M recorded negative, its volatility for 1 month was proper. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -1.0%. Though the decline rate of stock price declined, the return-on-risk remain high. Moreover, compared with the KOSDAQ industry, the return-on-risk is much better than the industrial mean, -8.0, and thus the industrial comparison performance was positive.

From Sept. 6, institutions have been continuously selling CJ E&M during the past five trading days. As a shareholding sum by investor group for the past four weeks, foreigners have bought 249,649 shares with a maintenance of shareholding. However, during the same period, institutions have sold 36,486 shares with a selling trend and individuals have sold 213,163 shares with a decreasing position.