Semyung Electric (Korea) Market Value
| 017510 Stock | KRW 5,870 220.00 3.89% |
| Symbol | Semyung |
Semyung 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 Semyung 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 Semyung Electric.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Semyung Electric on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Semyung Electric Machinery or generate 0.0% return on investment in Semyung Electric over 90 days. Semyung Electric is related to or competes with Kukil Metal, Lindeman Asia, Hanmi Semiconductor, Daejung Chemicals, SBI Investment, and MetaLabs. Semyung Electric Machinery Co., Ltd. manufactures and sells transmission and distribution lines and railway fittings, and automobile parts in South Korea and internationally. More
Semyung 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 Semyung 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 Semyung Electric Machinery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.1219 | |||
| Maximum Drawdown | 37.4 | |||
| Value At Risk | (5.35) | |||
| Potential Upside | 7.13 |
Semyung Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Semyung Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Semyung Electric's standard deviation. In reality, there are many statistical measures that can use Semyung Electric historical prices to predict the future Semyung Electric's volatility.| Risk Adjusted Performance | 0.0972 | |||
| Jensen Alpha | 0.6252 | |||
| Total Risk Alpha | 1.13 | |||
| Sortino Ratio | 0.1926 | |||
| Treynor Ratio | 0.4492 |
Semyung Electric Mac Backtested Returns
Semyung Electric appears to be very steady, given 3 months investment horizon. Semyung Electric Mac owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. By inspecting Semyung Electric's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please review Semyung Electric's Risk Adjusted Performance of 0.0972, coefficient of variation of 978.52, and Semi Deviation of 2.96 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Semyung Electric holds a performance score of 8. The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. Semyung Electric returns are very sensitive to returns on the market. As the market goes up or down, Semyung Electric is expected to follow. Please check Semyung Electric's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Semyung Electric's existing price patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
Semyung Electric Machinery has weak reverse predictability. Overlapping area represents the amount of predictability between Semyung Electric 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 Semyung Electric Mac price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Semyung Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 36.7 K |
Semyung Electric Mac lagged returns against current returns
Autocorrelation, which is Semyung 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 Semyung Electric's stock expected returns. We can calculate the autocorrelation of Semyung Electric returns to help us make a trade decision. For example, suppose you find that Semyung 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 |
Semyung 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 Semyung Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Semyung Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Semyung Electric stock over time.
Current vs Lagged Prices |
| Timeline |
Semyung Electric Lagged Returns
When evaluating Semyung Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Semyung Electric stock have on its future price. Semyung 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, Semyung Electric autocorrelation shows the relationship between Semyung Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Semyung Electric Machinery.
Regressed Prices |
| Timeline |
Pair Trading with Semyung 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 Semyung 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 Semyung Electric will appreciate offsetting losses from the drop in the long position's value.Moving together with Semyung Stock
Moving against Semyung Stock
The ability to find closely correlated positions to Semyung 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 Semyung 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 Semyung 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 Semyung Electric Machinery to buy it.
The correlation of Semyung 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 Semyung Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Semyung Electric Mac 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 Semyung 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 Semyung Stock
Semyung Electric financial ratios help investors to determine whether Semyung 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 Semyung with respect to the benefits of owning Semyung Electric security.