Stic Investments (Korea) Market Value
| 026890 Stock | 7,120 160.00 2.30% |
| Symbol | Stic |
Stic Investments '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 Stic Investments' 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 Stic Investments.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Stic Investments on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Stic Investments or generate 0.0% return on investment in Stic Investments over 90 days. Stic Investments is related to or competes with PJ Metal, Automobile, LG Household, Korea Industrial, Infinitt Healthcare, and Vivozon Healthcare. More
Stic Investments 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 Stic Investments' 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 Stic Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.0 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 2.91 |
Stic Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stic Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stic Investments' standard deviation. In reality, there are many statistical measures that can use Stic Investments historical prices to predict the future Stic Investments' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | 8.0E-4 | |||
| Treynor Ratio | (0.64) |
Stic Investments Backtested Returns
Stic Investments owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18 % return per unit of risk over the last 3 months. Stic Investments exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stic Investments' Coefficient Of Variation of (836.84), variance of 3.5, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stic Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Stic Investments is expected to be smaller as well. At this point, Stic Investments has a negative expected return of -0.31%. Please make sure to validate Stic Investments' market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Stic Investments performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
Stic Investments has good predictability. Overlapping area represents the amount of predictability between Stic Investments 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 Stic Investments price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Stic Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 181.5 K |
Stic Investments lagged returns against current returns
Autocorrelation, which is Stic Investments 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 Stic Investments' stock expected returns. We can calculate the autocorrelation of Stic Investments returns to help us make a trade decision. For example, suppose you find that Stic Investments 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 |
Stic Investments 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 Stic Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stic Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stic Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Stic Investments Lagged Returns
When evaluating Stic Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stic Investments stock have on its future price. Stic Investments 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, Stic Investments autocorrelation shows the relationship between Stic Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Stic Investments.
Regressed Prices |
| Timeline |
Pair Trading with Stic Investments
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 Stic Investments 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 Stic Investments will appreciate offsetting losses from the drop in the long position's value.Moving against Stic Stock
| 0.56 | 024110 | Industrial Bank | PairCorr |
| 0.38 | 316140 | Woori Financial Group | PairCorr |
| 0.32 | 086790 | Hana Financial | PairCorr |
The ability to find closely correlated positions to Stic Investments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stic Investments 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 Stic Investments - 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 Stic Investments to buy it.
The correlation of Stic Investments 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 Stic Investments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stic Investments 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 Stic Investments 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 Stic Stock
Stic Investments financial ratios help investors to determine whether Stic 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 Stic with respect to the benefits of owning Stic Investments security.