[THE INVESTOR] On Oct. 6, Nexen Tire (002350) declined 1.74% to 14,100 won (US$ 12.68). It had increased 0.36% through the past month. Standard deviation, which indicates risk, records 1.7% on the same period over one month.

Compared with its close competitors within the same industry, KOSPI, the monthly earnings rate of Nexen Tire was proper, while its volatility was the lowest. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was 0.2. Though the volatility was the lowest, the return-on-risk recorded a poor value because the return was not so high. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, 2.0, and thus it is hard to say that the industrial comparison performance was positive.

Comparing industry to the market, the KOSPI industry including Nexen Tire records lower volatility but a higher earning rate than Chemicals. In other words, the industry had been safer with high returns.

While institutions have been selling Nexen Tire during the past 2 trading days, foreigners have been buying during the past 22 trading days. As a shareholding sum by investor group for the past 4 weeks, foreigners have bought 738,624 shares with a maintenance of shareholding. However, during the same period, institutions have sold 199,309 shares with a selling trend and individuals have sold 539,315 shares with a decreasing 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.