bearish

An Outbreak of New COVID-19 Cases in Seoul: Will This Lead to a Rise in New Cases in South Korea?

344 Views12 Mar 2020 20:36

SUMMARY

We are writing about COVID-19 in Korea since this is one of the most important factors that have been impacting the Korean stock market. In this analysis, we provide a comprehensive analysis of all the important data that have been publicly available on the COVID-19 coronavirus at the KCDC (Korea Center for Disease Control). In addition to the daily updates on confirmed cases and deaths, we also provide the data on the daily and the cumulative number of people that are tested for COVID-19 as well as those that have been tested negative.

Number of people tested(cumulative)
Total number of people confirmed/Total number of people tested (%)
Death rate (cumulative deaths/total confirmed cases)
Geographic breakdown
Confirmed cases & deaths (by age group & gender)

The next 2-3 weeks are very crucial in terms of data coming out for COVID-19 confirmed cases in South Korea. If the confirmed cases revert back to an increasing trend (which can occur due to the community spread at the call center in Seoul) affecting family members, etc, this will raise further concerns about the difficulty of controlling this virus. If South Korea succeeds in better controlling further spread of this virus in the next 2-3 weeks, this could also provide some additional hope for other countries such as the U.S. which is just in the initial stages of a rapid outbreak of the coronavirus.

Try Now

Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to: