Samyang Foods (Korea) Market Value
| 003230 Stock | 860,000 24,000 2.71% |
| Symbol | Samyang |
Samyang Foods '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 Samyang Foods' 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 Samyang Foods.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in Samyang Foods on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Samyang Foods Co or generate 0.0% return on investment in Samyang Foods over 720 days. Samyang Foods is related to or competes with Korea Air, Yura Tech, Tway Air, THiRA-UTECH, and Narae Nanotech. More
Samyang Foods 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 Samyang Foods' 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 Samyang Foods Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.2292 | |||
| Maximum Drawdown | 17.35 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 6.36 |
Samyang Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samyang Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samyang Foods' standard deviation. In reality, there are many statistical measures that can use Samyang Foods historical prices to predict the future Samyang Foods' volatility.| Risk Adjusted Performance | 0.1739 | |||
| Jensen Alpha | 0.7753 | |||
| Total Risk Alpha | 0.8798 | |||
| Sortino Ratio | 0.3802 | |||
| Treynor Ratio | 4.81 |
Samyang Foods Backtested Returns
Samyang Foods appears to be very steady, given 3 months investment horizon. Samyang Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24 % return per unit of risk over the last 3 months. By inspecting Samyang Foods' technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please review Samyang Foods' Coefficient Of Variation of 443.56, semi deviation of 1.66, and Risk Adjusted Performance of 0.1739 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Samyang Foods holds a performance score of 18. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Samyang Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Samyang Foods is expected to be smaller as well. Please check Samyang Foods' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Samyang Foods' existing price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Samyang Foods Co has average predictability. Overlapping area represents the amount of predictability between Samyang Foods time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Samyang Foods price movement. The serial correlation of 0.49 indicates that about 49.0% of current Samyang Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 32.7 B |
Samyang Foods lagged returns against current returns
Autocorrelation, which is Samyang Foods 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 Samyang Foods' stock expected returns. We can calculate the autocorrelation of Samyang Foods returns to help us make a trade decision. For example, suppose you find that Samyang Foods 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 |
Samyang Foods 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 Samyang Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samyang Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samyang Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Samyang Foods Lagged Returns
When evaluating Samyang Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samyang Foods stock have on its future price. Samyang Foods 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, Samyang Foods autocorrelation shows the relationship between Samyang Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Samyang Foods Co.
Regressed Prices |
| Timeline |
Pair Trading with Samyang Foods
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 Samyang Foods 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 Samyang Foods will appreciate offsetting losses from the drop in the long position's value.Moving together with Samyang Stock
Moving against Samyang Stock
The ability to find closely correlated positions to Samyang Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samyang Foods 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 Samyang Foods - 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 Samyang Foods Co to buy it.
The correlation of Samyang Foods 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 Samyang Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samyang Foods 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 Samyang Foods 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 Samyang Stock
Samyang Foods financial ratios help investors to determine whether Samyang 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 Samyang with respect to the benefits of owning Samyang Foods security.