KB Financial Correlations
| KBIA Stock | EUR 53.00 6.20 13.25% |
The correlation of KB Financial is a statistical measure of how it moves in relation to other instruments. 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 KB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KB Financial Group 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.
Significant diversification
The correlation between KB Financial Group and NYA is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KB Financial Group and NYA in the same portfolio, assuming nothing else is changed.
KBIA |
The ability to find closely correlated positions to KB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KB Financial 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 KB Financial - 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 KB Financial Group to buy it.
Moving together with KBIA Stock
Moving against KBIA Stock
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between KBIA Stock performing well and KB Financial Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze KB Financial's multiple risk-adjusted performance indicators across the competitive landscape. 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 | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| E6Q | 2.78 | 0.09 | (0.01) | (0.07) | 3.79 | 5.26 | 17.11 | |||
| 3GH | 1.35 | 0.04 | (0.04) | (0.01) | 1.50 | 4.31 | 9.22 | |||
| 1NX | 1.93 | 0.07 | 0.00 | 0.01 | 0.00 | 4.69 | 18.38 | |||
| GZ3 | 1.69 | (0.08) | 0.00 | 0.38 | 0.00 | 4.08 | 13.55 | |||
| KWO | 0.81 | (0.03) | 0.00 | (0.07) | 0.00 | 1.98 | 12.25 | |||
| ROW | 1.12 | 0.45 | 0.31 | (1.04) | 0.65 | 2.84 | 8.71 | |||
| 108 | 1.37 | 0.13 | 0.01 | (0.49) | 1.69 | 2.78 | 8.24 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in KB Financial 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.Did you try this?
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KB Financial Corporate Management
Elected by the shareholders, the KB Financial's board of directors comprises two types of representatives: KB Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KBIA. The board's role is to monitor KB Financial's management team and ensure that shareholders' interests are well served. KB Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, KB Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hye Suh | MD Officer | Profile | |
| Young Seo | Sr Officer | Profile | |
| YoungJin Kim | Chief Officer | Profile | |
| JongKyoo Yoon | Chairman CEO | Profile | |
| Jieon Kim | Head Unit | Profile | |
| PilKyu Im | EVP Officer | Profile | |
| Dong Han | EVP Research | Profile |
Already Invested in KB Financial Group?
The danger of trading KB Financial Group 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 KB Financial 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 KB Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile KB Financial Group 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.
When determining whether KB Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of KB Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kb Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kb Financial Group Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KB Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for KBIA Stock analysis
When running KB Financial's price analysis, check to measure KB Financial'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 KB Financial is operating at the current time. Most of KB Financial's value examination focuses on studying past and present price action to predict the probability of KB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KB Financial's price. Additionally, you may evaluate how the addition of KB Financial to your portfolios can decrease your overall portfolio volatility.
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