SignalQuant2024-03-11

Korea Premium at 2-year high

The Korea Premium Index(KPI) is currently at 7.38%, and its trend (14-day average) is 5.30%, which is "at the highest trend level" in the past two years. The most recent peak was in early Jan '24(yellow circle) but today KPI is higher than that level (green circle). FYI, high KPI means 1) strong buying sentiment among Korean retail investors and 2) the price is likely to be at an intermediate-term high.