[단독] When male ants make 14% profit, females 24%

◆ Donghak Ant Investment Report ◆

It was found that during the’Donghak Ant Frenzy’ in the Korean stock market last year, female investors showed far higher returns than males.

As a result of analyzing 227,000 Donghak ants who opened stock accounts in March-October last year, the Korea Capital Market Research Institute found that women’s average return (from March-October last year) was 24.2% among individuals who invested a large amount of 100 million won or more. On the other hand, only 14.4% of men were. In the case of investment assets of less than 30 million won, women also took the lead. Males earned a -1.3% return, while females recorded 4.6%.

The’Capital Market Research Institute’ report (2020 Donghak Ant Syndrome: Phenomenon and Prospect), which Maeil Economic Daily acquired on the 11th, showed that women performed better in stock investment following real estate investment.

It was found that female Donghak ants preferred high-quality large-cap stocks such as Samsung Electronics, Kakao, Naver, and Hyundai Motors over males.

Kim Min-ki, a researcher at the Capital Market Research Institute, said, “The tendency of Donghak ants to prefer large-sized high-quality stocks is quite different from the past,” he said. “Individual investors continue to show a tendency to invest in the short term.”

Seo Sang-hoon, head of the Korea Investment & Securities GWM Center, said, “Men tend to be more emotionally swayed by market changes than women.”

There is also an analysis that individual investors need to diversify their investment portfolio by trading 2-3 stocks on average. The Korea Capital Markets Institute advised that when the stock holding period is about 100 to 140 days, the return is highest, so be patient and realize the profit.

Heo Jae-hwan, a researcher at Eugene Investment & Securities said, “The stock price rebounded after the Corona 19 crisis, and the experience that the stock price decline was rather an opportunity seems to have raised interest in the stock market of young new investors.” It must have caught the attention of investors,” he said.

[김규식 기자 / 김인오 기자]

When men go in and out… The woman buried it in a large blue wine.

Acquisition of Capital and Donghak Ant Report

Stock account analysis from March to October last year
Donghak Ant 60% large stock purchase
Half of the investors are singled out on a daily basis

Last year’s plummeting emergency fund turn 50woman
“Double profit from investing in Samsung Electronics”
After real estate, stocks are also women’s age

Kim, 59, who lives in Bulgwang-dong, Seoul, invested in Samsung Electronics in March last year. When the KOSPI fell to 1400, I thought it was an opportunity and dared to rob 50 million won in emergency money. All of the family dried up, but Mr. Kim didn’t give up. He sold all of Samsung Electronics at the end of last year. Of course, it has more than doubled its profits in 10 months. Mr. Kim said, “Samsung Electronics will buy it again anytime when the stock price drops.”

Following the myth that women are the most popular in real estate investment, it was found that women’s asset prices outpaced men in stock investment. This is the result of analyzing the so-called’Donghak ant’ account and the rate of return, which the Korea Capital Markets Institute jumped into investing in stocks last year. The Capital Market Research Institute analyzed 227,000 investors who recently opened accounts at Mirae Asset Daewoo, NH Investment & Securities, Samsung Securities, and Kiwoom Securities. 137,000 existing investors and 90,000 new investors were used as survey samples.

Among the four securities firms, 73.4% of investors signed up for the first time in March-October last year. Seven out of 10 investors were’Donghak ants’, which are different from existing investors. After the corona 19 pandemic, the stock market rebounded to a’V-shape’, while Donghak Ant led the uptrend in the stock market. During this period, Donghak ants accounted for 59.8% of net purchases of large-cap stocks and 77.7% of net purchases of small- and medium-cap stocks.

Donghak ants showed active interest in investment and made trading more active than existing investors. The proportion of daily transactions, both buying and selling during the day, accounted for about 50 to 60% of the total trading value. It means that half are ants that hit a single hit every day. Donghak Ant buys and sells stocks for only 8.5 trading days. Considering that the existing investors were on the 12.3 trading day, this means that they are more focused on single hits. Donghak ants, called’smart ants’, were actually an active investor who made trade more active. It was found that 80-90% of all individual investors sold their stocks within 20 trading days. Seo Sang-hoon, head of the Korea Investment & Securities GWM Center, said, “If the stock holding period is less than a month, it can be seen as a shorter one.”

Among these, women showed superior investment skills than men. Like Mr. Kim, he bought high-quality stocks and held them for a long period of time to earn solsol profits. In fact, as a result of this survey, the proportion of all age groups who own Samsung Electronics was high in women. This trend was more evident in the case of asset prices of over 100 million won in investment. For women with investments of 100 million won or more, the rate of return during this period reached 24.2%, but only 14.4% for men. Even with investments of 30 million won or less, men showed a -1.3% return from March to October last year, but women overwhelmed with 4.6%. Unlike men, women have adhered to the investment principle of realizing profits by holding high-quality stocks for a long time.

In fact, in the case of investors with more than 100 million won, the ratio of transaction costs was 2.4% for men, but 1.4% for women. The low transaction cost means that you invest as much as you can.

Samsung Securities’ investment information team leader Jung Myung-ji interpreted, “Men have a tendency to acquire too much information,” and “The more information you acquire, the more you feel the desire to buy or sell stocks.” Internet blogs and books, as well as YouTube, while trying to gain an edge over other investors with information, may be exposed to small and medium-cap stocks and bad stocks. “The more often you look at the chart, the more you will have the urge to buy or sell,” Jeong added. “From personal experience, women are relatively less sensitive to real-time stock price movements.”

New investors preferred market representative stocks over existing investors. New investors put stocks representing each industry, such as Samsung Electronics, Kakao, Naver, Celltrion, and Hyundai Motors, in the top net buying. The preference for Samsung Electronics was high among those in their 20s or younger and 60s and older. Existing investors focused on large stocks rather than market representative stocks. The proportion of net purchases of stocks in traditional industries such as Samsung Electronics, KEPCO and Shinhan Holdings was also high. In particular, among existing investors, this phenomenon was remarkable among female investors.

[김규식 기자 / 신유경 기자]
[ⓒ 매일경제 & mk.co.kr, 무단전재 및 재배포 금지]