Han Kook (Korea) Market Value
| 023760 Stock | KRW 551.00 5.00 0.90% |
| Symbol | Han |
Han Kook '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 Han Kook'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 Han Kook.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Han Kook on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Han Kook Capital or generate 0.0% return on investment in Han Kook over 90 days. Han Kook is related to or competes with Lindeman Asia, Nice Information, Worldex Industry, Automobile, and Coloray International. Han Kook Capital Co., Ltd. operates as a credit specialty company. More
Han Kook 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 Han Kook'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 Han Kook Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.1787 | |||
| Maximum Drawdown | 6.03 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 1.44 |
Han Kook Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Han Kook's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Han Kook's standard deviation. In reality, there are many statistical measures that can use Han Kook historical prices to predict the future Han Kook's volatility.| Risk Adjusted Performance | 0.0693 | |||
| Jensen Alpha | 0.0819 | |||
| Total Risk Alpha | 0.1907 | |||
| Sortino Ratio | 0.173 | |||
| Treynor Ratio | 0.4981 |
Han Kook Capital Backtested Returns
At this point, Han Kook is very steady. Han Kook Capital holds Efficiency (Sharpe) Ratio of 0.062, which attests that the entity had a 0.062 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Han Kook Capital, which you can use to evaluate the volatility of the firm. Please check out Han Kook's Downside Deviation of 1.02, risk adjusted performance of 0.0693, and Market Risk Adjusted Performance of 0.5081 to validate if the risk estimate we provide is consistent with the expected return of 0.0457%. Han Kook has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Han Kook's returns are expected to increase less than the market. However, during the bear market, the loss of holding Han Kook is expected to be smaller as well. Han Kook Capital right now retains a risk of 0.74%. Please check out Han Kook semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Han Kook will be following its current trending patterns.
Auto-correlation | -0.37 |
Poor reverse predictability
Han Kook Capital has poor reverse predictability. Overlapping area represents the amount of predictability between Han Kook 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 Han Kook Capital price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Han Kook price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 130.63 |
Han Kook Capital lagged returns against current returns
Autocorrelation, which is Han Kook 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 Han Kook's stock expected returns. We can calculate the autocorrelation of Han Kook returns to help us make a trade decision. For example, suppose you find that Han Kook 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 |
Han Kook 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 Han Kook stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Han Kook stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Han Kook stock over time.
Current vs Lagged Prices |
| Timeline |
Han Kook Lagged Returns
When evaluating Han Kook's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Han Kook stock have on its future price. Han Kook 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, Han Kook autocorrelation shows the relationship between Han Kook stock current value and its past values and can show if there is a momentum factor associated with investing in Han Kook Capital.
Regressed Prices |
| Timeline |
Pair Trading with Han Kook
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 Han Kook 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 Han Kook will appreciate offsetting losses from the drop in the long position's value.Moving together with Han Stock
The ability to find closely correlated positions to Han Kook could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Han Kook 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 Han Kook - 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 Han Kook Capital to buy it.
The correlation of Han Kook 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 Han Kook moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Han Kook Capital 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 Han Kook 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 Han Stock
Han Kook financial ratios help investors to determine whether Han 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 Han with respect to the benefits of owning Han Kook security.