LS Electric (Korea) Market Value
| 010120 Stock | 209,000 2,000 0.97% |
| Symbol | 010120 |
LS Electric '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 LS Electric'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 LS Electric.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in LS Electric on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding LS Electric or generate 0.0% return on investment in LS Electric over 90 days. LS Electric is related to or competes with Husteel, Moonbae Steel, Sangsangin Investment, Hyundai BNG, SBI Investment, Fine Besteel, and KTB Investment. More
LS Electric 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 LS Electric'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 LS Electric upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.28 | |||
| Information Ratio | 0.1367 | |||
| Maximum Drawdown | 30.94 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 10.27 |
LS Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LS Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LS Electric's standard deviation. In reality, there are many statistical measures that can use LS Electric historical prices to predict the future LS Electric's volatility.| Risk Adjusted Performance | 0.1141 | |||
| Jensen Alpha | 0.6562 | |||
| Total Risk Alpha | 1.11 | |||
| Sortino Ratio | 0.1603 | |||
| Treynor Ratio | 0.8792 |
LS Electric Backtested Returns
LS Electric appears to be very steady, given 3 months investment horizon. LS Electric retains Efficiency (Sharpe Ratio) of 0.13, which conveys that the firm had a 0.13 % return per unit of price deviation over the last 3 months. By analyzing LS Electric's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please exercise LS Electric's Standard Deviation of 5.01, mean deviation of 3.46, and Market Risk Adjusted Performance of 0.8892 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LS Electric holds a performance score of 10. The company owns a Beta (Systematic Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LS Electric's returns are expected to increase less than the market. However, during the bear market, the loss of holding LS Electric is expected to be smaller as well. Please check LS Electric's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether LS Electric's current price history will revert.
Auto-correlation | -0.02 |
Very weak reverse predictability
LS Electric has very weak reverse predictability. Overlapping area represents the amount of predictability between LS Electric time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 LS Electric price movement. The serial correlation of -0.02 indicates that only 2.0% of current LS Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 647.8 M |
LS Electric lagged returns against current returns
Autocorrelation, which is LS Electric 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 LS Electric's stock expected returns. We can calculate the autocorrelation of LS Electric returns to help us make a trade decision. For example, suppose you find that LS Electric 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 |
LS Electric 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 LS Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LS Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LS Electric stock over time.
Current vs Lagged Prices |
| Timeline |
LS Electric Lagged Returns
When evaluating LS Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LS Electric stock have on its future price. LS Electric 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, LS Electric autocorrelation shows the relationship between LS Electric stock current value and its past values and can show if there is a momentum factor associated with investing in LS Electric.
Regressed Prices |
| Timeline |
Pair Trading with LS Electric
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 LS Electric 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 LS Electric will appreciate offsetting losses from the drop in the long position's value.Moving together with 010120 Stock
Moving against 010120 Stock
| 0.67 | 066570 | LG Electronics | PairCorr |
| 0.55 | 051910 | LG Chemicals | PairCorr |
| 0.54 | 005380 | Hyundai Motor | PairCorr |
| 0.4 | 000270 | Kia Corp | PairCorr |
The ability to find closely correlated positions to LS Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LS Electric 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 LS Electric - 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 LS Electric to buy it.
The correlation of LS Electric 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 LS Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LS Electric 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 LS Electric 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 010120 Stock
LS Electric financial ratios help investors to determine whether 010120 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 010120 with respect to the benefits of owning LS Electric security.