Korea Real (Korea) Market Value
| 034830 Stock | KRW 1,002 5.00 0.50% |
| Symbol | Korea |
Korea Real '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 Korea Real'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 Korea Real.
| 12/29/2024 |
| 02/27/2025 |
If you would invest 0.00 in Korea Real on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Korea Real Estate or generate 0.0% return on investment in Korea Real over 60 days. Korea Real is related to or competes with Samsung Electronics, Daeduck Electronics, DAEDUCK ELECTRONICS, DB Insurance, Wave Electronics, Display Tech, and Iljin Display. KOREIT, a real estate investment trust, engages in the investment, development, and management of real estate properties in South Korea. More
Korea Real 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 Korea Real'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 Korea Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6738 | |||
| Information Ratio | 0.1483 | |||
| Maximum Drawdown | 3.94 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.31 |
Korea Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Korea Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Korea Real's standard deviation. In reality, there are many statistical measures that can use Korea Real historical prices to predict the future Korea Real's volatility.| Risk Adjusted Performance | 0.112 | |||
| Jensen Alpha | 0.0932 | |||
| Total Risk Alpha | 0.0994 | |||
| Sortino Ratio | 0.1483 | |||
| Treynor Ratio | (2.32) |
Korea Real Estate Backtested Returns
At this point, Korea Real is very steady. Korea Real Estate has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Korea Real, which you can use to evaluate the volatility of the firm. Please verify Korea Real's Mean Deviation of 0.4411, downside deviation of 0.6738, and Risk Adjusted Performance of 0.112 to check out if the risk estimate we provide is consistent with the expected return of 0.0849%. Korea Real has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0403, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Korea Real are expected to decrease at a much lower rate. During the bear market, Korea Real is likely to outperform the market. Korea Real Estate right now secures a risk of 0.68%. Please verify Korea Real Estate coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Korea Real Estate will be following its current price movements.
Auto-correlation | -0.49 |
Modest reverse predictability
Korea Real Estate has modest reverse predictability. Overlapping area represents the amount of predictability between Korea Real time series from 29th of December 2024 to 28th of January 2025 and 28th of January 2025 to 27th of February 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 Korea Real Estate price movement. The serial correlation of -0.49 indicates that about 49.0% of current Korea Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 33.6 |
Korea Real Estate lagged returns against current returns
Autocorrelation, which is Korea Real 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 Korea Real's stock expected returns. We can calculate the autocorrelation of Korea Real returns to help us make a trade decision. For example, suppose you find that Korea Real 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 |
Korea Real 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 Korea Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Korea Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Korea Real stock over time.
Current vs Lagged Prices |
| Timeline |
Korea Real Lagged Returns
When evaluating Korea Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Korea Real stock have on its future price. Korea Real 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, Korea Real autocorrelation shows the relationship between Korea Real stock current value and its past values and can show if there is a momentum factor associated with investing in Korea Real Estate.
Regressed Prices |
| Timeline |
Pair Trading with Korea Real
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 Korea Real 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 Korea Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Korea Stock
Moving against Korea Stock
| 0.77 | 051915 | LG Chem | PairCorr |
| 0.69 | 373220 | LG Energy Solution | PairCorr |
| 0.68 | 051910 | LG Chemicals | PairCorr |
| 0.62 | 006400 | Samsung SDI | PairCorr |
| 0.62 | 066570 | LG Electronics | PairCorr |
The ability to find closely correlated positions to Korea Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea Real 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 Korea Real - 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 Korea Real Estate to buy it.
The correlation of Korea Real 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 Korea Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea Real Estate 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 Korea Real 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 Korea Stock
Korea Real financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea Real security.