[THE INVESTOR] On Sept. 26, Mirae Asset Securities (037620) declined 0.85% to 23,350 won (US$ 21.12). It had declined 2.92% through the past month. Standard deviation, which indicates variableness, records 2.4% over the same period of time over one month.

Compared with its close competitors within the same industry, KOSPI, as the monthly volatility of Mirae Asset Securities remained at the highest level, the investment return for 1 month was negative. Over the recent month, the Return On Risk, the return on investment with consideration about risk, was -1.2%. As increasing of volatility and decline of stock price, the Return On Risk was poor. Moreover, compared with the KOSPI industry, the Return On Risk is below the industrial mean, -0.1, and thus it is hard to say that the industrial comparison performance was positive.

Comparing industry to the market, the KOSPI industry including Mirae Asset Securities records lower volatility and earning rate than Financials. In other words, the industry was safer and the rate of decrease is smaller than that of the market.

From Sept. 22, both institutions and foreigners were buying during the past 2 trading days. As a shareholding sum by investor group for the past 4 weeks, foreigners have bought 279,224 shares with a maintenance of shareholding and individuals have bought 166,007 shares with an increasing position. However, during the same period, Institutions have sold 445,231 shares with a selling trend.

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.