Seoulin Bioscience (Korea) Market Value
| 038070 Stock | KRW 7,100 30.00 0.42% |
| Symbol | Seoulin |
Seoulin Bioscience '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 Seoulin Bioscience'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 Seoulin Bioscience.
| 07/22/2024 |
| 01/18/2025 |
If you would invest 0.00 in Seoulin Bioscience on July 22, 2024 and sell it all today you would earn a total of 0.00 from holding Seoulin Bioscience CoLtd or generate 0.0% return on investment in Seoulin Bioscience over 180 days. Seoulin Bioscience is related to or competes with Samsung Electronics, Samsung Electronics, SK Hynix, SK Holdings, POSCO Holdings, Hyundai, and Hyundai. ,Ltd., a bio healthcare company, provides solutions in life sciences and healthcare primarily in South Korea More
Seoulin Bioscience 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 Seoulin Bioscience'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 Seoulin Bioscience CoLtd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.15 | |||
| Information Ratio | 0.0298 | |||
| Maximum Drawdown | 44.21 | |||
| Value At Risk | (7.08) | |||
| Potential Upside | 7.47 |
Seoulin Bioscience Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seoulin Bioscience's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seoulin Bioscience's standard deviation. In reality, there are many statistical measures that can use Seoulin Bioscience historical prices to predict the future Seoulin Bioscience's volatility.| Risk Adjusted Performance | 0.0344 | |||
| Jensen Alpha | 0.1568 | |||
| Total Risk Alpha | 0.1796 | |||
| Sortino Ratio | 0.0387 | |||
| Treynor Ratio | (1.58) |
Seoulin Bioscience CoLtd Backtested Returns
At this point, Seoulin Bioscience is very steady. Seoulin Bioscience CoLtd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0147, which indicates the firm had a 0.0147% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Seoulin Bioscience CoLtd, which you can use to evaluate the volatility of the company. Please validate Seoulin Bioscience's Risk Adjusted Performance of 0.0344, semi deviation of 3.9, and Coefficient Of Variation of 3225.05 to confirm if the risk estimate we provide is consistent with the expected return of 0.0816%. Seoulin Bioscience has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.0997, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Seoulin Bioscience are expected to decrease at a much lower rate. During the bear market, Seoulin Bioscience is likely to outperform the market. Seoulin Bioscience CoLtd right now has a risk of 5.55%. Please validate Seoulin Bioscience downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Seoulin Bioscience will be following its existing price patterns.
Auto-correlation | -0.55 |
Good reverse predictability
Seoulin Bioscience CoLtd has good reverse predictability. Overlapping area represents the amount of predictability between Seoulin Bioscience time series from 22nd of July 2024 to 20th of October 2024 and 20th of October 2024 to 18th of January 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 Seoulin Bioscience CoLtd price movement. The serial correlation of -0.55 indicates that about 55.0% of current Seoulin Bioscience price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 451.7 K |
Seoulin Bioscience CoLtd lagged returns against current returns
Autocorrelation, which is Seoulin Bioscience 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 Seoulin Bioscience's stock expected returns. We can calculate the autocorrelation of Seoulin Bioscience returns to help us make a trade decision. For example, suppose you find that Seoulin Bioscience 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 |
Seoulin Bioscience 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 Seoulin Bioscience stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seoulin Bioscience stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seoulin Bioscience stock over time.
Current vs Lagged Prices |
| Timeline |
Seoulin Bioscience Lagged Returns
When evaluating Seoulin Bioscience's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seoulin Bioscience stock have on its future price. Seoulin Bioscience 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, Seoulin Bioscience autocorrelation shows the relationship between Seoulin Bioscience stock current value and its past values and can show if there is a momentum factor associated with investing in Seoulin Bioscience CoLtd.
Regressed Prices |
| Timeline |
Pair Trading with Seoulin Bioscience
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 Seoulin Bioscience 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 Seoulin Bioscience will appreciate offsetting losses from the drop in the long position's value.Moving against Seoulin Stock
The ability to find closely correlated positions to Seoulin Bioscience could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seoulin Bioscience 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 Seoulin Bioscience - 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 Seoulin Bioscience CoLtd to buy it.
The correlation of Seoulin Bioscience 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 Seoulin Bioscience moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seoulin Bioscience CoLtd 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 Seoulin Bioscience 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 Seoulin Stock
Seoulin Bioscience financial ratios help investors to determine whether Seoulin 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 Seoulin with respect to the benefits of owning Seoulin Bioscience security.