Nh Investment (Korea) Market Value
| 005945 Stock | 13,000 70.00 0.54% |
| Symbol | 005945 |
Nh 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 Nh 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 Nh Investment.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Nh Investment on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Nh Investment And or generate 0.0% return on investment in Nh Investment over 90 days. Nh Investment is related to or competes with ADTechnology CoLtd, Dongbu Insurance, IC Technology, Hana Technology, Lotte Non, Samsung Life, and Industrial Bank. More
Nh 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 Nh 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 Nh Investment And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9234 | |||
| Information Ratio | 0.1907 | |||
| Maximum Drawdown | 3.37 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.64 |
Nh Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nh Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nh Investment's standard deviation. In reality, there are many statistical measures that can use Nh Investment historical prices to predict the future Nh Investment's volatility.| Risk Adjusted Performance | 0.0652 | |||
| Jensen Alpha | 0.0436 | |||
| Total Risk Alpha | 0.1615 | |||
| Sortino Ratio | 0.1769 | |||
| Treynor Ratio | (0.55) |
Nh Investment And Backtested Returns
At this point, Nh Investment is very steady. Nh Investment And retains Efficiency (Sharpe Ratio) of 0.19, which conveys that the firm had a 0.19 % return per unit of price deviation over the last 3 months. We have found thirty technical indicators for Nh Investment, which you can use to evaluate the volatility of the firm. Please verify Nh Investment's Standard Deviation of 0.8563, mean deviation of 0.6353, and Market Risk Adjusted Performance of (0.54) to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Nh Investment has a performance score of 14 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0981, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nh Investment are expected to decrease at a much lower rate. During the bear market, Nh Investment is likely to outperform the market. Nh Investment And at this time owns a risk of 0.68%. Please verify Nh Investment And market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Nh Investment And will be following its current price history.
Auto-correlation | 0.14 |
Insignificant predictability
Nh Investment And has insignificant predictability. Overlapping area represents the amount of predictability between Nh 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 Nh Investment And price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Nh Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 47.2 K |
Nh Investment And lagged returns against current returns
Autocorrelation, which is Nh 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 Nh Investment's stock expected returns. We can calculate the autocorrelation of Nh Investment returns to help us make a trade decision. For example, suppose you find that Nh 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 |
Nh 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 Nh Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nh Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nh Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Nh Investment Lagged Returns
When evaluating Nh Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nh Investment stock have on its future price. Nh 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, Nh Investment autocorrelation shows the relationship between Nh Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Nh Investment And.
Regressed Prices |
| Timeline |
Pair Trading with Nh 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 Nh 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 Nh Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with 005945 Stock
Moving against 005945 Stock
| 0.88 | 051915 | LG Chem | PairCorr |
| 0.84 | 003535 | Hanwha InvestmentSecuri | PairCorr |
| 0.83 | 064850 | FnGuide | PairCorr |
| 0.68 | 010130 | Korea Zinc | PairCorr |
| 0.46 | 051910 | LG Chemicals | PairCorr |
The ability to find closely correlated positions to Nh 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 Nh 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 Nh 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 Nh Investment And to buy it.
The correlation of Nh 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 Nh Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nh Investment And 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 Nh 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 005945 Stock
Nh Investment financial ratios help investors to determine whether 005945 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 005945 with respect to the benefits of owning Nh Investment security.