DB Financial (Korea) Market Value
| 016610 Stock | 5,900 20.00 0.34% |
| Symbol | 016610 |
DB Financial '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 DB Financial'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 DB Financial.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in DB Financial on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding DB Financial Investment or generate 0.0% return on investment in DB Financial over 90 days. DB Financial is related to or competes with Nable Communications, Lotte Data, INFINITT Healthcare, LG Household, Digital Power, and Kisan Telecom. More
DB Financial 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 DB Financial'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 DB Financial Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.1764 | |||
| Maximum Drawdown | 7.3 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 2.22 |
DB Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DB Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DB Financial's standard deviation. In reality, there are many statistical measures that can use DB Financial historical prices to predict the future DB Financial's volatility.| Risk Adjusted Performance | 0.1019 | |||
| Jensen Alpha | 0.1059 | |||
| Total Risk Alpha | 0.2638 | |||
| Sortino Ratio | 0.1631 | |||
| Treynor Ratio | (0.45) |
DB Financial Investment Backtested Returns
DB Financial appears to be very steady, given 3 months investment horizon. DB Financial Investment retains Efficiency (Sharpe Ratio) of 0.19, which denotes the company had a 0.19 % return per unit of price deviation over the last 3 months. We have found thirty technical indicators for DB Financial, which you can use to evaluate the volatility of the entity. Please utilize DB Financial's Standard Deviation of 1.27, downside deviation of 1.37, and Market Risk Adjusted Performance of (0.44) to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DB Financial holds a performance score of 14. The firm owns a Beta (Systematic Risk) of -0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DB Financial are expected to decrease at a much lower rate. During the bear market, DB Financial is likely to outperform the market. Please check DB Financial'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 DB Financial's current price history will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
DB Financial Investment has insignificant reverse predictability. Overlapping area represents the amount of predictability between DB Financial 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 DB Financial Investment price movement. The serial correlation of -0.2 indicates that over 20.0% of current DB Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 48.7 K |
DB Financial Investment lagged returns against current returns
Autocorrelation, which is DB Financial 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 DB Financial's stock expected returns. We can calculate the autocorrelation of DB Financial returns to help us make a trade decision. For example, suppose you find that DB Financial 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 |
DB Financial 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 DB Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DB Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DB Financial stock over time.
Current vs Lagged Prices |
| Timeline |
DB Financial Lagged Returns
When evaluating DB Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DB Financial stock have on its future price. DB Financial 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, DB Financial autocorrelation shows the relationship between DB Financial stock current value and its past values and can show if there is a momentum factor associated with investing in DB Financial Investment.
Regressed Prices |
| Timeline |
Pair Trading with DB Financial
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 DB Financial 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 DB Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with 016610 Stock
Moving against 016610 Stock
The ability to find closely correlated positions to DB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DB Financial 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 DB Financial - 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 DB Financial Investment to buy it.
The correlation of DB Financial 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 DB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DB Financial 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 DB Financial 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 016610 Stock
DB Financial financial ratios help investors to determine whether 016610 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 016610 with respect to the benefits of owning DB Financial security.