Samhwa Paint (Korea) Market Value
| 000390 Stock | 6,220 20.00 0.32% |
| Symbol | Samhwa |
Samhwa Paint 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Samhwa Paint's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Samhwa Paint.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Samhwa Paint on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Samhwa Paint Industrial or generate 0.0% return on investment in Samhwa Paint over 90 days. Samhwa Paint is related to or competes with CU Tech, AurosTechnology, InnoTherapy, LG Household, KMH Hitech, Green Cross, and POSCO M. More
Samhwa Paint Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Samhwa Paint's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Samhwa Paint Industrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.0723 | |||
| Maximum Drawdown | 12.19 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 1.83 |
Samhwa Paint Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samhwa Paint's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samhwa Paint's standard deviation. In reality, there are many statistical measures that can use Samhwa Paint historical prices to predict the future Samhwa Paint's volatility.| Risk Adjusted Performance | 0.0222 | |||
| Jensen Alpha | 0.063 | |||
| Total Risk Alpha | 0.26 | |||
| Sortino Ratio | 0.0654 | |||
| Treynor Ratio | 0.0769 |
Samhwa Paint Industrial Backtested Returns
At this point, Samhwa Paint is very steady. Samhwa Paint Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0321, which indicates the firm had a 0.0321 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Samhwa Paint Industrial, which you can use to evaluate the volatility of the company. Please validate Samhwa Paint's Coefficient Of Variation of 5177.75, semi deviation of 1.94, and Risk Adjusted Performance of 0.0222 to confirm if the risk estimate we provide is consistent with the expected return of 0.0409%. Samhwa Paint has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Samhwa Paint's returns are expected to increase less than the market. However, during the bear market, the loss of holding Samhwa Paint is expected to be smaller as well. Samhwa Paint Industrial right now has a risk of 1.27%. Please validate Samhwa Paint coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Samhwa Paint will be following its existing price patterns.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Samhwa Paint Industrial has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Samhwa Paint time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Samhwa Paint Industrial price movement. The serial correlation of -0.73 indicates that around 73.0% of current Samhwa Paint price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 45.5 K |
Samhwa Paint Industrial lagged returns against current returns
Autocorrelation, which is Samhwa Paint stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Samhwa Paint's stock expected returns. We can calculate the autocorrelation of Samhwa Paint returns to help us make a trade decision. For example, suppose you find that Samhwa Paint has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Samhwa Paint regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Samhwa Paint stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samhwa Paint stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samhwa Paint stock over time.
Current vs Lagged Prices |
| Timeline |
Samhwa Paint Lagged Returns
When evaluating Samhwa Paint's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samhwa Paint stock have on its future price. Samhwa Paint autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Samhwa Paint autocorrelation shows the relationship between Samhwa Paint stock current value and its past values and can show if there is a momentum factor associated with investing in Samhwa Paint Industrial.
Regressed Prices |
| Timeline |
Pair Trading with Samhwa Paint
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Samhwa Paint position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Samhwa Paint will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Samhwa Paint could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samhwa Paint when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Samhwa Paint - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Samhwa Paint Industrial to buy it.
The correlation of Samhwa Paint is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Samhwa Paint moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samhwa Paint Industrial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Samhwa Paint can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Samhwa Stock
Samhwa Paint financial ratios help investors to determine whether Samhwa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Samhwa with respect to the benefits of owning Samhwa Paint security.