KCI (Korea) Market Value

036670 Stock  KRW 6,290  110.00  1.72%   
KCI's market value is the price at which a share of KCI trades on a public exchange. It measures the collective expectations of KCI Limited investors about its performance. KCI is trading at 6290.00 as of the 1st of March 2025, a 1.72 percent decrease since the beginning of the trading day. The stock's open price was 6400.0.
With this module, you can estimate the performance of a buy and hold strategy of KCI Limited and determine expected loss or profit from investing in KCI over a given investment horizon. Check out KCI Correlation, KCI Volatility and KCI Alpha and Beta module to complement your research on KCI.
Symbol

Please note, there is a significant difference between KCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if KCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

KCI '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 KCI'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 KCI.
0.00
03/12/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/01/2025
0.00
If you would invest  0.00  in KCI on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding KCI Limited or generate 0.0% return on investment in KCI over 720 days. KCI is related to or competes with LG Chem, Chunbo, DukSan Neolux, Hyosung Chemical, LIG ES, Sukgyung, and PH Tech. KCI Limited produces and supplies multifunctional composite materials for cosmetics, and household and industrial produc... More

KCI 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 KCI'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 KCI Limited upside and downside potential and time the market with a certain degree of confidence.

KCI Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for KCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KCI's standard deviation. In reality, there are many statistical measures that can use KCI historical prices to predict the future KCI's volatility.
Hype
Prediction
LowEstimatedHigh
6,2896,2906,291
Details
Intrinsic
Valuation
LowRealHigh
5,6605,6616,919
Details
Naive
Forecast
LowNextHigh
6,3256,3266,328
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6,1626,3386,513
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KCI. Your research has to be compared to or analyzed against KCI's peers to derive any actionable benefits. When done correctly, KCI's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KCI Limited.

KCI Limited Backtested Returns

KCI Limited has Sharpe Ratio of -0.0204, which conveys that the company had a -0.0204 % return per unit of risk over the last 3 months. KCI exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KCI's Coefficient Of Variation of (10,514), mean deviation of 0.8109, and Standard Deviation of 1.42 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of -0.0303, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KCI are expected to decrease at a much lower rate. During the bear market, KCI is likely to outperform the market. At this point, KCI Limited has a negative expected return of -0.0294%. Please make sure to verify KCI's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if KCI Limited performance from the past will be repeated in the future.

Auto-correlation

    
  0.30  

Below average predictability

KCI Limited has below average predictability. Overlapping area represents the amount of predictability between KCI time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 KCI Limited price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current KCI price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test0.3
Residual Average0.0
Price Variance134.7 K

KCI Limited lagged returns against current returns

Autocorrelation, which is KCI 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 KCI's stock expected returns. We can calculate the autocorrelation of KCI returns to help us make a trade decision. For example, suppose you find that KCI 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  

KCI 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 KCI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KCI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KCI stock over time.
   Current vs Lagged Prices   
       Timeline  

KCI Lagged Returns

When evaluating KCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KCI stock have on its future price. KCI 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, KCI autocorrelation shows the relationship between KCI stock current value and its past values and can show if there is a momentum factor associated with investing in KCI Limited.
   Regressed Prices   
       Timeline  

Pair Trading with KCI

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 KCI 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 KCI will appreciate offsetting losses from the drop in the long position's value.

Moving against KCI Stock

  0.49222800 SIMMTECHPairCorr
  0.48357550 Sukgyung ATPairCorr
  0.33112290 Youngchang ChemicalPairCorr
The ability to find closely correlated positions to KCI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KCI 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 KCI - 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 KCI Limited to buy it.
The correlation of KCI 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 KCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KCI Limited 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 KCI 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in KCI Stock

KCI financial ratios help investors to determine whether KCI 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 KCI with respect to the benefits of owning KCI security.