[THE INVESTOR] On Sept. 29, Shinwha Intertek (056700) was at a bullish 6.45% to 4,210 won (US$ 3.83). It had increased 0.95% through the past month. Standard deviation, the volatility index for stock price, was 3.5% over the same period of time over one month.

Compared with its close competitors within the same industry, KOSDAQ, the monthly earnings rate of Shinwha Intertek was proper, while its volatility within 1 month was considerably higher than that of its peer group. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was 0.2. The volatility of SHINWHA was the highest among its peer group, but the return-on-risk is not so low. However, compared with the KOSDAQ industry, the return-on-risk is below the industrial mean, 1.5, and thus it is hard to say that the industrial comparison performance was positive.

Comparing industry to the market, the KOSDAQ industry including Shinwha Intertek records lower volatility and earning rate than Chemicals. In other words, the industry had less volatility and the returns were also smaller than the market.

Institutions have been selling for the past 4 trading days and foreigners have been selling for the past 2 trading days. As a shareholding sum by investor group for the past 4 weeks, foreigners have sold 262,269 shares with maintenance of a selling position and institutions have sold 167,882 shares with a selling trend. However, during the same period, individuals have bought 430,151 shares with an increasing 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.