Jahwa Electron (Korea) Market Value
| 033240 Stock | 13,320 30.00 0.22% |
| Symbol | Jahwa |
Jahwa Electron '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 Jahwa Electron'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 Jahwa Electron.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Jahwa Electron on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Jahwa Electron or generate 0.0% return on investment in Jahwa Electron over 90 days. Jahwa Electron is related to or competes with ZUM Internet, Polaris Office, SungMoon Electronics, Korea Electronic, Daejoo Electronic, Samyoung Electronics, and Jahwa Electronics. More
Jahwa Electron 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 Jahwa Electron'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 Jahwa Electron upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.0889 | |||
| Maximum Drawdown | 21.63 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 6.92 |
Jahwa Electron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jahwa Electron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jahwa Electron's standard deviation. In reality, there are many statistical measures that can use Jahwa Electron historical prices to predict the future Jahwa Electron's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.296 | |||
| Total Risk Alpha | 0.6436 | |||
| Sortino Ratio | 0.1127 | |||
| Treynor Ratio | 0.475 |
Jahwa Electron Backtested Returns
At this point, Jahwa Electron is very steady. Jahwa Electron holds Efficiency (Sharpe) Ratio of 0.0398, which attests that the entity had a 0.0398 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Jahwa Electron, which you can use to evaluate the volatility of the firm. Please check out Jahwa Electron's Risk Adjusted Performance of 0.0671, market risk adjusted performance of 0.485, and Downside Deviation of 3.01 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Jahwa Electron has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jahwa Electron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jahwa Electron is expected to be smaller as well. Jahwa Electron right now retains a risk of 3.79%. Please check out Jahwa Electron market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Jahwa Electron will be following its current trending patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
Jahwa Electron has modest reverse predictability. Overlapping area represents the amount of predictability between Jahwa Electron 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 Jahwa Electron price movement. The serial correlation of -0.5 indicates that about 50.0% of current Jahwa Electron price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1.7 M |
Jahwa Electron lagged returns against current returns
Autocorrelation, which is Jahwa Electron 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 Jahwa Electron's stock expected returns. We can calculate the autocorrelation of Jahwa Electron returns to help us make a trade decision. For example, suppose you find that Jahwa Electron 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 |
Jahwa Electron 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 Jahwa Electron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jahwa Electron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jahwa Electron stock over time.
Current vs Lagged Prices |
| Timeline |
Jahwa Electron Lagged Returns
When evaluating Jahwa Electron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jahwa Electron stock have on its future price. Jahwa Electron 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, Jahwa Electron autocorrelation shows the relationship between Jahwa Electron stock current value and its past values and can show if there is a momentum factor associated with investing in Jahwa Electron.
Regressed Prices |
| Timeline |
Pair Trading with Jahwa Electron
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 Jahwa Electron 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 Jahwa Electron will appreciate offsetting losses from the drop in the long position's value.Moving together with Jahwa Stock
The ability to find closely correlated positions to Jahwa Electron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jahwa Electron 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 Jahwa Electron - 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 Jahwa Electron to buy it.
The correlation of Jahwa Electron 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 Jahwa Electron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jahwa Electron 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 Jahwa Electron 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 Jahwa Stock
Jahwa Electron financial ratios help investors to determine whether Jahwa 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 Jahwa with respect to the benefits of owning Jahwa Electron security.