Eugene Investment (Korea) Market Value
| 001200 Stock | 2,565 10.00 0.39% |
| Symbol | Eugene |
Eugene Investment '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 Eugene Investment'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 Eugene Investment.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Eugene Investment on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Eugene Investment Securities or generate 0.0% return on investment in Eugene Investment over 90 days. Eugene Investment is related to or competes with Ssangyong Information, Kisan Telecom, SK Telecom, Daishin Information, Innowireless, and Automobile. More
Eugene Investment 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 Eugene Investment'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 Eugene Investment Securities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0303 | |||
| Maximum Drawdown | 8.19 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 4.05 |
Eugene Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eugene Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eugene Investment's standard deviation. In reality, there are many statistical measures that can use Eugene Investment historical prices to predict the future Eugene Investment's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.2151 | |||
| Treynor Ratio | (0.77) |
Eugene Investment Backtested Returns
Eugene Investment secures Sharpe Ratio (or Efficiency) of -0.0172, which denotes the company had a -0.0172 % return per unit of risk over the last 3 months. Eugene Investment Securities exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eugene Investment's Mean Deviation of 1.61, variance of 4.34, and Standard Deviation of 2.08 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0596, which means not very significant fluctuations relative to the market. As returns on the market increase, Eugene Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eugene Investment is expected to be smaller as well. At this point, Eugene Investment has a negative expected return of -0.0358%. Please make sure to confirm Eugene Investment's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Eugene Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Eugene Investment Securities has modest reverse predictability. Overlapping area represents the amount of predictability between Eugene Investment 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 Eugene Investment price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Eugene Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 20.7 K |
Eugene Investment lagged returns against current returns
Autocorrelation, which is Eugene Investment 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 Eugene Investment's stock expected returns. We can calculate the autocorrelation of Eugene Investment returns to help us make a trade decision. For example, suppose you find that Eugene Investment 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 |
Eugene Investment 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 Eugene Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eugene Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eugene Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Eugene Investment Lagged Returns
When evaluating Eugene Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eugene Investment stock have on its future price. Eugene Investment 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, Eugene Investment autocorrelation shows the relationship between Eugene Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Eugene Investment Securities.
Regressed Prices |
| Timeline |
Pair Trading with Eugene Investment
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 Eugene Investment 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 Eugene Investment will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Eugene Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eugene Investment 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 Eugene Investment - 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 Eugene Investment Securities to buy it.
The correlation of Eugene Investment 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 Eugene Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eugene Investment 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 Eugene Investment 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 Eugene Stock
Eugene Investment financial ratios help investors to determine whether Eugene 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 Eugene with respect to the benefits of owning Eugene Investment security.