EASY HOLDINGS (Korea) Market Value
| 035810 Stock | KRW 2,930 155.00 5.59% |
| Symbol | EASY |
EASY HOLDINGS '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 EASY HOLDINGS'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 EASY HOLDINGS.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in EASY HOLDINGS on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding EASY HOLDINGS Co or generate 0.0% return on investment in EASY HOLDINGS over 90 days. EASY HOLDINGS is related to or competes with FarmStory, DAEA TI, and JUSUNG ENGINEERING. EASY HOLDINGS Co., Ltd. operates in the biological resource industry More
EASY HOLDINGS 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 EASY HOLDINGS'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 EASY HOLDINGS Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.0862 | |||
| Maximum Drawdown | 11.23 | |||
| Value At Risk | (2.49) | |||
| Potential Upside | 2.74 |
EASY HOLDINGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EASY HOLDINGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EASY HOLDINGS's standard deviation. In reality, there are many statistical measures that can use EASY HOLDINGS historical prices to predict the future EASY HOLDINGS's volatility.| Risk Adjusted Performance | 0.0308 | |||
| Jensen Alpha | 0.0664 | |||
| Total Risk Alpha | 0.2609 | |||
| Sortino Ratio | 0.0873 | |||
| Treynor Ratio | 0.1844 |
EASY HOLDINGS Backtested Returns
EASY HOLDINGS secures Sharpe Ratio (or Efficiency) of -0.0123, which denotes the company had a -0.0123 % return per unit of volatility over the last 3 months. EASY HOLDINGS Co exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EASY HOLDINGS's Mean Deviation of 1.21, market risk adjusted performance of 0.1944, and Downside Deviation of 1.73 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, EASY HOLDINGS's returns are expected to increase less than the market. However, during the bear market, the loss of holding EASY HOLDINGS is expected to be smaller as well. At this point, EASY HOLDINGS has a negative expected return of -0.02%. Please make sure to confirm EASY HOLDINGS's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if EASY HOLDINGS performance from the past will be repeated in the future.
Auto-correlation | -0.68 |
Very good reverse predictability
EASY HOLDINGS Co has very good reverse predictability. Overlapping area represents the amount of predictability between EASY HOLDINGS time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 EASY HOLDINGS price movement. The serial correlation of -0.68 indicates that around 68.0% of current EASY HOLDINGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 3250.48 |
EASY HOLDINGS lagged returns against current returns
Autocorrelation, which is EASY HOLDINGS 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 EASY HOLDINGS's stock expected returns. We can calculate the autocorrelation of EASY HOLDINGS returns to help us make a trade decision. For example, suppose you find that EASY HOLDINGS 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 |
EASY HOLDINGS 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 EASY HOLDINGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EASY HOLDINGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EASY HOLDINGS stock over time.
Current vs Lagged Prices |
| Timeline |
EASY HOLDINGS Lagged Returns
When evaluating EASY HOLDINGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EASY HOLDINGS stock have on its future price. EASY HOLDINGS 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, EASY HOLDINGS autocorrelation shows the relationship between EASY HOLDINGS stock current value and its past values and can show if there is a momentum factor associated with investing in EASY HOLDINGS Co.
Regressed Prices |
| Timeline |
Pair Trading with EASY HOLDINGS
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 EASY HOLDINGS 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 EASY HOLDINGS will appreciate offsetting losses from the drop in the long position's value.Moving against EASY Stock
| 0.56 | 064820 | Cape Industries | PairCorr |
| 0.48 | 272290 | INNOX Advanced Materials | PairCorr |
| 0.48 | 147830 | Cheryong Industrial CoLtd | PairCorr |
| 0.47 | 017890 | Korea Alcohol Industrial | PairCorr |
| 0.37 | 005680 | Samyoung Electronics | PairCorr |
The ability to find closely correlated positions to EASY HOLDINGS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EASY HOLDINGS 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 EASY HOLDINGS - 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 EASY HOLDINGS Co to buy it.
The correlation of EASY HOLDINGS 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 EASY HOLDINGS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EASY HOLDINGS 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 EASY HOLDINGS 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 EASY Stock
EASY HOLDINGS financial ratios help investors to determine whether EASY 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 EASY with respect to the benefits of owning EASY HOLDINGS security.