LG Uplus (Korea) Market Value
| 032640 Stock | 10,580 80.00 0.75% |
| Symbol | 032640 |
LG Uplus '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 LG Uplus' 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 LG Uplus.
| 03/13/2023 |
| 03/02/2025 |
If you would invest 0.00 in LG Uplus on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding LG Uplus or generate 0.0% return on investment in LG Uplus over 720 days. LG Uplus is related to or competes with Hannong Chemicals, Samlip General, Youngbo Chemical, Kg Chemical, Dongnam Chemical, Foodnamoo, and Wing Yip. More
LG Uplus 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 LG Uplus' 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 LG Uplus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.0171 | |||
| Maximum Drawdown | 6.78 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.74 |
LG Uplus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG Uplus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LG Uplus' standard deviation. In reality, there are many statistical measures that can use LG Uplus historical prices to predict the future LG Uplus' volatility.| Risk Adjusted Performance | 0.0108 | |||
| Jensen Alpha | 0.0055 | |||
| Total Risk Alpha | 0.0466 | |||
| Sortino Ratio | 0.0161 | |||
| Treynor Ratio | 0.0098 |
LG Uplus Backtested Returns
LG Uplus retains Efficiency (Sharpe Ratio) of -0.1, which conveys that the firm had a -0.1 % return per unit of price deviation over the last 3 months. LG Uplus exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG Uplus' Mean Deviation of 1.07, market risk adjusted performance of 0.0198, and Standard Deviation of 1.44 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LG Uplus' returns are expected to increase less than the market. However, during the bear market, the loss of holding LG Uplus is expected to be smaller as well. At this point, LG Uplus has a negative expected return of -0.14%. Please make sure to verify LG Uplus' semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if LG Uplus performance from the past will be repeated sooner or later.
Auto-correlation | -0.26 |
Weak reverse predictability
LG Uplus has weak reverse predictability. Overlapping area represents the amount of predictability between LG Uplus time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 LG Uplus price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current LG Uplus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 280 K |
LG Uplus lagged returns against current returns
Autocorrelation, which is LG Uplus 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 LG Uplus' stock expected returns. We can calculate the autocorrelation of LG Uplus returns to help us make a trade decision. For example, suppose you find that LG Uplus 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 |
LG Uplus 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 LG Uplus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LG Uplus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LG Uplus stock over time.
Current vs Lagged Prices |
| Timeline |
LG Uplus Lagged Returns
When evaluating LG Uplus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LG Uplus stock have on its future price. LG Uplus 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, LG Uplus autocorrelation shows the relationship between LG Uplus stock current value and its past values and can show if there is a momentum factor associated with investing in LG Uplus.
Regressed Prices |
| Timeline |
Pair Trading with LG Uplus
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 LG Uplus 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 LG Uplus will appreciate offsetting losses from the drop in the long position's value.Moving together with 032640 Stock
Moving against 032640 Stock
| 0.42 | 203650 | Dream Security co | PairCorr |
| 0.41 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.39 | 033240 | Jahwa Electron | PairCorr |
| 0.32 | 053080 | Wonbang Tech | PairCorr |
The ability to find closely correlated positions to LG Uplus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Uplus 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 LG Uplus - 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 LG Uplus to buy it.
The correlation of LG Uplus 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 LG Uplus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LG Uplus 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 LG Uplus 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 032640 Stock
LG Uplus financial ratios help investors to determine whether 032640 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 032640 with respect to the benefits of owning LG Uplus security.