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

KOSDAQ 150 Rebalancing Preview: Early Early Birds Special (11 Changes)

DL Corp Stays & DL E&C Newly Joins KOSPI 200: Trade DL E&C on Inclusion

KOSPI Short Int & Loan Balance: Trend/Flow & Stocks on Move (Feat. DL Holdings)

KOSPI 200 Rebalancing Results: List, Volatility, Upside, & Liquidity

KOSPI 200 Rebalancing Trade Data: Recent Passive Flow, Volatility, Upside, & Liquidity

KOSPI 200 Reshuffle Final Update: Incoming/Outgoing (8 Each) & Passive In/Outflow Estimates

Event-Driven

<p>KOSPI 200 will see the next reshuffle on June 11 next year.</p><p>So, the review period is from <strong>November 1 to April 30</strong>.</p><table class="table table-striped">
<colgroup>
<col width="100">
<col width="100">
</colgroup>
<tbody>
<tr><td colspan="2" rowspan="1" data-sheets-value='{"1":2,"2":"Status"}'>Status</td></tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Index"}'>Index</td>
<td data-sheets-value='{"1":2,"2":"KOSPI 200 Index"}' data-sheets-numberformat='{"1":5,"2":"mmmm d, yyyy","3":1}' data-sheets-formula='=googlefinance(R[1]C[0], "name")'>KOSPI 200 Index</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Ticker"}'>Ticker</td>
<td data-sheets-value='{"1":2,"2":"KRX:KOSPI200"}' data-sheets-numberformat='{"1":5,"2":"mmmm d, yyyy","3":1}' data-sheets-formula='="KRX:KOSPI200"'>KRX:KOSPI200</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Date"}'>Date</td>
<td data-sheets-value='{"1":3,"3":44178}' data-sheets-numberformat='{"1":5,"2":"mmmm d, yyyy","3":1}' data-sheets-formula="=today()">December 13, 2020</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Rebalancing"}'>Rebalancing</td>
<td data-sheets-value='{"1":2,"2":"Biannually"}' data-sheets-numberformat='{"1":2,"2":"#,##0"}'>Biannually</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - Effective date"}'>- Effective date</td>
<td data-sheets-value='{"1":2,"2":"Next trading day of 2nd Thursday of June &amp; December"}' data-sheets-numberformat='{"1":2,"2":"#,##0"}'>Next trading day of 2nd Thursday of June &amp; December</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - June"}'><strong>- June</strong></td>
<td data-sheets-value='{"1":3,"3":43994}' data-sheets-numberformat='{"1":5,"2":"mmmm d, yyyy","3":1}'><strong>June 11, 2021</strong></td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - Review period"}'><strong>- Review period</strong></td>
<td data-sheets-value='{"1":2,"2":"May 1 to October 31"}'><strong>November 1 to April 30</strong></td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - December"}'>- December</td>
<td data-sheets-value='{"1":3,"3":44176}' data-sheets-numberformat='{"1":5,"2":"mmmm d, yyyy","3":1}'>December 10, 2020</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - Review period"}'>- Review period</td>
<td data-sheets-value='{"1":2,"2":"November 1 to April 30"}'>May 1 to October 31</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Number of constituents"}'>Number of constituents</td>
<td data-sheets-value='{"1":3,"3":200}' data-sheets-numberformat='{"1":2,"2":"#,##0"}'>200</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Est. total mirroring funds"}'>Est. total mirroring funds</td>
<td data-sheets-value='{"1":3,"3":60000}' data-sheets-numberformat='{"1":2,"2":"#,##0.0"}'>60,000.0</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Total float MC"}'>Total float MC</td>
<td data-sheets-value='{"1":3,"3":1096021.987}' data-sheets-numberformat='{"1":2,"2":"#,##0.0"}'>1,096,022.0</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - Average"}'>- Average</td>
<td data-sheets-value='{"1":3,"3":5480.11}' data-sheets-numberformat='{"1":2,"2":"#,##0.0"}'>5,480.1</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - Highest"}'>- Highest</td>
<td data-sheets-value='{"1":3,"3":346163.808}' data-sheets-numberformat='{"1":2,"2":"#,##0.0"}'>346,163.8</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - Lowest"}'>- Lowest</td>
<td data-sheets-value='{"1":3,"3":80.338}' data-sheets-numberformat='{"1":2,"2":"#,##0.0"}'>80.3</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - Median"}'>- Median</td>
<td data-sheets-value='{"1":3,"3":1183.525}' data-sheets-numberformat='{"1":2,"2":"#,##0.0"}'>1,183.5</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":" - Top 10 largest"}'>- Top 10 largest</td>
<td data-sheets-value='{"1":3,"3":0.5812}' data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}'>58.12%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Current"}'>Current</td>
<td data-sheets-value='{"1":3,"3":372.24}' data-sheets-numberformat='{"1":2,"2":"#,##0.00","3":1}' data-sheets-formula='=googlefinance(R[-16]C[0], "price")'>372.24</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"52W high (December 11, 2020)"}'>52W high (December 11, 2020)</td>
<td data-sheets-value='{"1":3,"3":372.24}' data-sheets-numberformat='{"1":2,"2":"#,##0.00","3":1}'>372.24</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"52W low (March 19, 2020)"}'>52W low (March 19, 2020)</td>
<td data-sheets-value='{"1":3,"3":199.28}' data-sheets-numberformat='{"1":2,"2":"#,##0.00","3":1}'>199.28</td>
</tr>
<tr><td colspan="2" rowspan="1" data-sheets-value='{"1":2,"2":"Source: KRX"}'>Source: KRX</td></tr>
</tbody>
</table><hr><div class="content-highlight"><p><strong><a href="https://docs.google.com/spreadsheets/d/e/2PACX-1vQokO_6MTvdlTT682qY8daAjML-xYVdfBT-okk3_3p0oh7lWMvbhtDfTRtHXq_bVi2XD4eZNzDv4W1f/pubhtml?gid=1840582685&amp;single=true" target="_blank" rel="noopener">Here is the link to the latest full list of KOSPI stocks classified by the GICS.</a></strong></p></div>

KOSPI 200 will see the next reshuffle on June 11 next year.So, the review period is from November 1 to April 30.





Status

Index
KOSPI 200 Index


Ticker
KRX:KOSPI200


Date
December 13, 2020


Rebalancing
Biannually


- Effective date
Next trading day of 2nd Thursday of June &amp; December


- June
June 11, 2021


- Review period
November 1 to April 30


- December
December 10, 2020


- Review period
May 1 to October 31


Number of constituents
200


Est. total mirroring funds
60,000.0


Total float MC
1,096,022.0


- Average
5,480.1


- Highest
346,163.8


- Lowest
80.3


- Median
1,183.5


- Top 10 largest
58.12%


Current
372.24


52W high (December 11, 2020)
372.24


52W low (March 19, 2020)
199.28

Source: KRX

Here is the link to the latest full list of KOSPI stocks classified by the GICS.

Taeyoung Engineering & Construction (009410 KS)

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Taihan Electric Wire

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