Samsung Fire (Korea) Market Value
| 000810 Stock | 382,500 8,500 2.17% |
| Symbol | Samsung |
Samsung Fire '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 Samsung Fire'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 Samsung Fire.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Samsung Fire on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Samsung Fire Marine or generate 0.0% return on investment in Samsung Fire over 30 days. Samsung Fire is related to or competes with Kyeryong Construction, Digital Power, Tuksu Engineering, KEPCO Engineering, Dongbang Ship, Nice Information, and Daishin Information. More
Samsung Fire 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 Samsung Fire'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 Samsung Fire Marine upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.0418 | |||
| Maximum Drawdown | 16.65 | |||
| Value At Risk | (4.02) | |||
| Potential Upside | 8.42 |
Samsung Fire Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samsung Fire's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samsung Fire's standard deviation. In reality, there are many statistical measures that can use Samsung Fire historical prices to predict the future Samsung Fire's volatility.| Risk Adjusted Performance | 0.0269 | |||
| Jensen Alpha | 0.0342 | |||
| Total Risk Alpha | 0.3275 | |||
| Sortino Ratio | 0.0619 | |||
| Treynor Ratio | (0.12) |
Samsung Fire Marine Backtested Returns
Samsung Fire Marine owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0316, which indicates the firm had a -0.0316 % return per unit of risk over the last 3 months. Samsung Fire Marine exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Samsung Fire's Coefficient Of Variation of 3869.68, semi deviation of 2.06, and Risk Adjusted Performance of 0.0269 to confirm the risk estimate we provide. The entity has a beta of -0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Samsung Fire are expected to decrease at a much lower rate. During the bear market, Samsung Fire is likely to outperform the market. At this point, Samsung Fire Marine has a negative expected return of -0.0944%. Please make sure to validate Samsung Fire's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Samsung Fire Marine performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Samsung Fire Marine has poor reverse predictability. Overlapping area represents the amount of predictability between Samsung Fire time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Samsung Fire Marine price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Samsung Fire price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 138.1 M |
Samsung Fire Marine lagged returns against current returns
Autocorrelation, which is Samsung Fire 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 Samsung Fire's stock expected returns. We can calculate the autocorrelation of Samsung Fire returns to help us make a trade decision. For example, suppose you find that Samsung Fire 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 |
Samsung Fire 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 Samsung Fire stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samsung Fire stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samsung Fire stock over time.
Current vs Lagged Prices |
| Timeline |
Samsung Fire Lagged Returns
When evaluating Samsung Fire's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samsung Fire stock have on its future price. Samsung Fire 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, Samsung Fire autocorrelation shows the relationship between Samsung Fire stock current value and its past values and can show if there is a momentum factor associated with investing in Samsung Fire Marine.
Regressed Prices |
| Timeline |
Pair Trading with Samsung Fire
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 Samsung Fire 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 Samsung Fire will appreciate offsetting losses from the drop in the long position's value.Moving against Samsung Stock
The ability to find closely correlated positions to Samsung Fire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samsung Fire 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 Samsung Fire - 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 Samsung Fire Marine to buy it.
The correlation of Samsung Fire 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 Samsung Fire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samsung Fire Marine 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 Samsung Fire 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 Samsung Stock
Samsung Fire financial ratios help investors to determine whether Samsung 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 Samsung with respect to the benefits of owning Samsung Fire security.