Korea Electric Correlations

KEP
 Stock
  

USD 7.61  0.10  1.33%   

The correlation of Korea Electric is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Korea Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea Electric Power moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Please see Correlation Analysis.
  
The ability to find closely correlated positions to Korea Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Korea Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Korea Electric Power to buy it.

Moving together with Korea Electric

+0.73DUKDuke Energy CorpPairCorr
+0.68AEPAmerican Electric PowerPairCorr
+0.75NGGNational Grid TranscoPairCorr
+0.78NGGTFNational Grid TranscPairCorr
+0.66EXCExelon CorpPairCorr
+0.71XELXCEL EnergyPairCorr
+0.72EDConsolidated EdisonPairCorr
+0.69MITTAg Mortgage InvestmentPairCorr
+0.63SLFSun Life FinancialPairCorr

Moving against Korea Electric

-0.52MCAEUMountain Crest AcquiPairCorr

Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
AEPDUK
XELDUK
XELAEP
EDAEP
EDXEL
EXCDUK
  
High negative correlations   
COURD
COURSO
COUREXC
COURDUK
COURAEP
COURXEL

Korea Electric Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Korea Stock performing well and Korea Electric company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Korea Electric's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
DUK 1.45 (0.20)  0.00 (0.16)  0.00 (0.11)  0.00  2.63 (3.18)  7.81 
SO 1.36 (0.28)  0.00 (0.26)  0.00 (0.17)  0.00  2.52 (2.77)  6.91 
D 1.65 (0.51)  0.00 (0.51)  0.00 (0.24)  0.00  2.86 (4.42)  10.04 
AEP 1.58 (0.15)  0.00 (0.09)  0.00 (0.08)  0.00  2.76 (3.27)  7.93 
NGG 1.63 (0.19)  0.00 (0.11)  0.00 (0.08)  0.00  3.33 (3.84)  8.19 
EXC 1.62 (0.24)  0.00 (0.16)  0.00 (0.11)  0.00  3.32 (3.56)  8.00 
XEL 1.52 (0.17)  0.00 (0.10)  0.00 (0.09)  0.00  3.11 (3.17)  8.56 
ED 1.36 (0.06) (0.04)  0.00  1.78 (0.038) (1.33)  3.00 (2.88)  7.04 
COUR 2.44  0.14  0.06  0.17  2.74  0.05 (2.60)  6.03 (4.45)  13.00 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Korea Electric without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Korea Electric Corporate Directors

Korea Electric corporate directors refer to members of a Korea Electric board of directors. The board of directors generally takes responsibility for the Korea Electric's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Korea Electric's board members must vote for the resolution. The Korea Electric board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Tae Sung - Non-Executive Independent DirectorProfile
Bong Moon - DirectorProfile
Hae Jung - DirectorProfile
Ja Gu - DirectorProfile

Invested in Korea Electric Power?

The danger of trading Korea Electric Power is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Korea Electric is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Korea Electric. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Korea Electric Power is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Correlation Analysis. Note that the Korea Electric Power information on this page should be used as a complementary analysis to other Korea Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Korea Electric Power price analysis, check to measure Korea Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Korea Electric is operating at the current time. Most of Korea Electric's value examination focuses on studying past and present price action to predict the probability of Korea Electric's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Korea Electric's price. Additionally, you may evaluate how the addition of Korea Electric to your portfolios can decrease your overall portfolio volatility.
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Is Korea Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Korea Electric. If investors know Korea will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Korea Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
2.73
Market Capitalization
9.8 B
Quarterly Revenue Growth YOY
0.2
Return On Assets
(0.08) 
Return On Equity
(0.34) 
The market value of Korea Electric Power is measured differently than its book value, which is the value of Korea that is recorded on the company's balance sheet. Investors also form their own opinion of Korea Electric's value that differs from its market value or its book value, called intrinsic value, which is Korea Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Korea Electric's market value can be influenced by many factors that don't directly affect Korea Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Korea Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine Korea Electric value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Korea Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.