Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

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Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<p>Samsung Heavy Industries began the day with a gap down at -20.95%. But it manages to climb back up to -10.33%. Now it is settling at -16.20% as I'm writing this post. Yes, the trading volume exploded as expected. It is now 5.24 times its 30-day average daily trading volume, representing 11.56% of the total shares. Today's price range also soared to 14.13%p, nearly 4 times the usual range of 3.8%p.</p><table class="table table-striped">
<colgroup>
<col width="100">
<col width="100">
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<tbody>
<tr><td colspan="2" style="width: 723.636px;" data-sheets-value='{"1":2,"2":"Samsung Heavy Industries Co.,Ltd"}' data-sheets-formula='=googlefinance(R[1]C[1], "name")'>Samsung Heavy Industries Co., Ltd</td></tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"MC (₩B)"}'>Current market cap</td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":3780}' data-sheets-numberformat='[null,2,"#,##0.0"]' data-sheets-formula='=googlefinance(R[-1]C[0], "price")*googlefinance(R[-1]C[0], "shares")/1000000000'>₩3,780.0B</td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"x DTV"}'><strong>Today trading volume so far as a % of 30-day average daily trading volume</strong></td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":5.239735194175107}' data-sheets-numberformat='[null,2,"#,##0.00",1]' data-sheets-formula='=googlefinance(R[-3]C[0], "volume")/googlefinance(R[-3]C[0], "volumeavg")'><strong>5.24x</strong></td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"TV/SO"}'><strong>Today trading volume so far as a % of shares outstanding</strong></td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":0.11557541746031746}' data-sheets-numberformat='[null,3,"0.00%",1]' data-sheets-formula='=googlefinance(R[-5]C[0], "volume")/googlefinance(R[-5]C[0], "shares")'><strong>11.56%</strong></td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"Close"}'>Current price</td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":6000}' data-sheets-numberformat='[null,4,"[$₩-412]#,##0"]' data-sheets-formula='=googlefinance(R[-6]C[0], "price")'>₩6,000</td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"Δ Daily"}'><strong>Δ Daily</strong></td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":-0.16201117318435754}' data-sheets-numberformat='[null,3,"0.00%",1]' data-sheets-formula="=(R8C2-R[2]C[1])/R[2]C[1]"><strong>-16.20%</strong></td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"Gap"}'><strong>Gap</strong></td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":-0.20949720670391062}' data-sheets-numberformat='[null,3,"0.00%",1]' data-sheets-formula="=(R[-2]C[1]-R[1]C[1])/R[1]C[1]"><strong>-20.95%</strong></td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"x Open"}'><strong>Today's high - low as a %point</strong></td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":0.1413427561837456}' data-sheets-numberformat='[null,3,"0.00%",1]' data-sheets-formula="=(R[-2]C[1]-R[-1]C[1])/R[-3]C[1]"><strong>14.13%p</strong></td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"U Wick"}'>Today's upper wick</td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":-0.525}' data-sheets-numberformat='[null,3,"0.00%",1]' data-sheets-formula="=if((R[-5]C[0]-R[-5]C[1])&gt;0, (R[-5]C[0]-R[-4]C[1])/(R9C[1]-R[-3]C[1]), (R[-5]C[1]-R[-4]C[1])/(R9C[1]-R[-3]C[1]))">-52.50%</td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"Body"}'>Today's body</td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":0.425}' data-sheets-numberformat='[null,3,"0.00%",1]' data-sheets-formula="=(R[-6]C[0]-R[-6]C[1])/(R9C[1]-R[-4]C[1])">42.50%</td>
</tr>
<tr>
<td style="width: 420.909px;" data-sheets-value='{"1":2,"2":"D Wick"}'>Today's lower wick</td>
<td style="text-align: right; width: 281.818px;" data-sheets-value='{"1":3,"3":0.05}' data-sheets-numberformat='[null,3,"0.00%",1]' data-sheets-formula="=if((R[-7]C[0]-R[-7]C[1])&gt;0, (R[-7]C[1]-R[-5]C[1])/(R9C[1]-R[-5]C[1]), (R[-7]C[0]-R[-5]C[1])/(R9C[1]-R[-5]C[1]))">5.00%</td>
</tr>
<tr><td colspan="2" style="width: 723.636px;" data-sheets-value='{"1":2,"2":"Source: KRX"}'>Source: KRX</td></tr>
</tbody>
</table><p>The share price is plummeting today, bringing down the 20-day price gain to -20.63%. But it is still at a flat level on a 120-day span. The 180-day price gain is still 6.01%.</p><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/204/590/original/chart.png?1620278461" class="editor-image img-responsive" data-smartkarma-image-id="204590"></figure></section>

Samsung Heavy Industries began the day with a gap down at -20.95%. But it manages to climb back up to -10.33%. Now it is settling at -16.20% as I'm writing this post. Yes, the trading volume exploded as expected. It is now 5.24 times its 30-day average daily trading volume, representing 11.56% of the total shares. Today's price range also soared to 14.13%p, nearly 4 times the usual range of 3.8%p.





Samsung Heavy Industries Co., Ltd

Current market cap
₩3,780.0B


Today trading volume so far as a % of 30-day average daily trading volume
5.24x


Today trading volume so far as a % of shares outstanding
11.56%


Current price
₩6,000


Δ Daily
-16.20%


Gap
-20.95%


Today's high - low as a %point
14.13%p


Today's upper wick
-52.50%


Today's body
42.50%


Today's lower wick
5.00%

Source: KRX

The share price is plummeting today, bringing down the 20-day price gain to -20.63%. But it is still at a flat level on a 120-day span. The 180-day price gain is still 6.01%.

Samsung Heavy Situation: Discussing 3 Key Issues at This Point