[STOCK WATCH] Poongsan continues climbing for third day

[THE INVESTOR]On Sept. 22, Poongsan (103140) increased 2.67% to 32,650 won (US$ 29.6). It had declined 1.95% through the past month. Standard deviation, which indicates volatility of stock, records 1.8% on the same period over one month.

Compared with its close competitors within the same industry, KOSPI, Poongsan 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 -1.0%. In spite of stock price decline, low volatility lead the return-on-risk to a high level. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, 0.1, and thus the industrial comparison performance was not so good.

On Sept. 21, institutions bought 17,931 shares, while foreigners sold 14,440 shares. As a shareholding sum by investor group for the past 4 weeks, foreigners have bought 127,299 shares and individuals have bought 112,631 shares with an increasing position. However, during the same period, institutions have sold 239,930 shares with a selling trend.

By HeRo (hero@heraldcorp.com)

This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp.