Samyung Trading (Korea) Market Value

002810 Stock   13,520  40.00  0.30%   
Samyung Trading's market value is the price at which a share of Samyung Trading trades on a public exchange. It measures the collective expectations of Samyung Trading Co investors about its performance. Samyung Trading is trading at 13520.00 as of the 18th of March 2025, a 0.30% up since the beginning of the trading day. The stock's open price was 13480.0.
With this module, you can estimate the performance of a buy and hold strategy of Samyung Trading Co and determine expected loss or profit from investing in Samyung Trading over a given investment horizon. Check out Samyung Trading Correlation, Samyung Trading Volatility and Samyung Trading Alpha and Beta module to complement your research on Samyung Trading.
Symbol

Please note, there is a significant difference between Samyung Trading's value and its price as these two are different measures arrived at by different means. Investors typically determine if Samyung Trading is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Samyung Trading's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Samyung Trading '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 Samyung Trading'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 Samyung Trading.
0.00
12/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/18/2025
0.00
If you would invest  0.00  in Samyung Trading on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Samyung Trading Co or generate 0.0% return on investment in Samyung Trading over 90 days. Samyung Trading is related to or competes with Lotte Data, National Plastic, Kolon Plastics, Nice Information, Ecoplastic, Korea Computer, and RF Materials. More

Samyung Trading 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 Samyung Trading'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 Samyung Trading Co upside and downside potential and time the market with a certain degree of confidence.

Samyung Trading Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Samyung Trading's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samyung Trading's standard deviation. In reality, there are many statistical measures that can use Samyung Trading historical prices to predict the future Samyung Trading's volatility.
Hype
Prediction
LowEstimatedHigh
13,51913,52013,521
Details
Intrinsic
Valuation
LowRealHigh
11,35311,35314,872
Details

Samyung Trading Backtested Returns

At this point, Samyung Trading is very steady. Samyung Trading owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Samyung Trading Co, which you can use to evaluate the volatility of the company. Please validate Samyung Trading's Coefficient Of Variation of 573.97, risk adjusted performance of 0.1511, and Semi Deviation of 0.6142 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Samyung Trading has a performance score of 13 on a scale of 0 to 100. The entity has a beta of -0.0309, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Samyung Trading are expected to decrease at a much lower rate. During the bear market, Samyung Trading is likely to outperform the market. Samyung Trading right now has a risk of 0.76%. Please validate Samyung Trading coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Samyung Trading will be following its existing price patterns.

Auto-correlation

    
  -0.49  

Modest reverse predictability

Samyung Trading Co has modest reverse predictability. Overlapping area represents the amount of predictability between Samyung Trading time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Samyung Trading price movement. The serial correlation of -0.49 indicates that about 49.0% of current Samyung Trading price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.22
Residual Average0.0
Price Variance154.9 K

Samyung Trading lagged returns against current returns

Autocorrelation, which is Samyung Trading 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 Samyung Trading's stock expected returns. We can calculate the autocorrelation of Samyung Trading returns to help us make a trade decision. For example, suppose you find that Samyung Trading 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  

Samyung Trading 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 Samyung Trading stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samyung Trading stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samyung Trading stock over time.
   Current vs Lagged Prices   
       Timeline  

Samyung Trading Lagged Returns

When evaluating Samyung Trading's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samyung Trading stock have on its future price. Samyung Trading 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, Samyung Trading autocorrelation shows the relationship between Samyung Trading stock current value and its past values and can show if there is a momentum factor associated with investing in Samyung Trading Co.
   Regressed Prices   
       Timeline  

Pair Trading with Samyung Trading

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 Samyung Trading 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 Samyung Trading will appreciate offsetting losses from the drop in the long position's value.

Moving against Samyung Stock

  0.47215480 Daewoo SBI SPACPairCorr
The ability to find closely correlated positions to Samyung Trading could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samyung Trading 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 Samyung Trading - 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 Samyung Trading Co to buy it.
The correlation of Samyung Trading 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 Samyung Trading moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samyung Trading 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 Samyung Trading 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Samyung Stock

Samyung Trading financial ratios help investors to determine whether Samyung 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 Samyung with respect to the benefits of owning Samyung Trading security.