MEDIANA CoLtd (Korea) Market Value

041920 Stock  KRW 4,970  30.00  0.60%   
MEDIANA CoLtd's market value is the price at which a share of MEDIANA CoLtd trades on a public exchange. It measures the collective expectations of MEDIANA CoLtd investors about its performance. MEDIANA CoLtd is trading at 4970.00 as of the 19th of March 2025, a 0.6 percent decrease since the beginning of the trading day. The stock's open price was 5000.0.
With this module, you can estimate the performance of a buy and hold strategy of MEDIANA CoLtd and determine expected loss or profit from investing in MEDIANA CoLtd over a given investment horizon. Check out MEDIANA CoLtd Correlation, MEDIANA CoLtd Volatility and MEDIANA CoLtd Alpha and Beta module to complement your research on MEDIANA CoLtd.
Symbol

Please note, there is a significant difference between MEDIANA CoLtd's value and its price as these two are different measures arrived at by different means. Investors typically determine if MEDIANA CoLtd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MEDIANA CoLtd'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.

MEDIANA CoLtd '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 MEDIANA CoLtd'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 MEDIANA CoLtd.
0.00
12/19/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/19/2025
0.00
If you would invest  0.00  in MEDIANA CoLtd on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding MEDIANA CoLtd or generate 0.0% return on investment in MEDIANA CoLtd over 90 days. MEDIANA CoLtd is related to or competes with Samlip General, Korean Reinsurance, ABCO Electronics, Samji Electronics, Korea Electronic, Haitai Confectionery, and Daeduck Electronics. ,Ltd, together with its subsidiaries, develops, manufactures, and sells medical devices in South Korea More

MEDIANA CoLtd 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 MEDIANA CoLtd'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 MEDIANA CoLtd upside and downside potential and time the market with a certain degree of confidence.

MEDIANA CoLtd Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for MEDIANA CoLtd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MEDIANA CoLtd's standard deviation. In reality, there are many statistical measures that can use MEDIANA CoLtd historical prices to predict the future MEDIANA CoLtd's volatility.
Hype
Prediction
LowEstimatedHigh
4,9684,9704,972
Details
Intrinsic
Valuation
LowRealHigh
4,9034,9055,467
Details
Naive
Forecast
LowNextHigh
4,9194,9214,923
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4,8024,9745,147
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MEDIANA CoLtd. Your research has to be compared to or analyzed against MEDIANA CoLtd's peers to derive any actionable benefits. When done correctly, MEDIANA CoLtd'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 MEDIANA CoLtd.

MEDIANA CoLtd Backtested Returns

At this point, MEDIANA CoLtd is very steady. MEDIANA CoLtd has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for MEDIANA CoLtd, which you can use to evaluate the volatility of the firm. Please verify MEDIANA CoLtd's risk adjusted performance of 0.0185, and Mean Deviation of 1.51 to check out if the risk estimate we provide is consistent with the expected return of 0.0014%. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MEDIANA CoLtd's returns are expected to increase less than the market. However, during the bear market, the loss of holding MEDIANA CoLtd is expected to be smaller as well. MEDIANA CoLtd at this time secures a risk of 1.58%. Please verify MEDIANA CoLtd downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if MEDIANA CoLtd will be following its current price movements.

Auto-correlation

    
  -0.46  

Modest reverse predictability

MEDIANA CoLtd has modest reverse predictability. Overlapping area represents the amount of predictability between MEDIANA CoLtd 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 MEDIANA CoLtd price movement. The serial correlation of -0.46 indicates that about 46.0% of current MEDIANA CoLtd price fluctuation can be explain by its past prices.
Correlation Coefficient-0.46
Spearman Rank Test-0.42
Residual Average0.0
Price Variance11.5 K

MEDIANA CoLtd lagged returns against current returns

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

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

MEDIANA CoLtd Lagged Returns

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

Pair Trading with MEDIANA CoLtd

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

Moving together with MEDIANA Stock

  0.63014680 Hansol ChemicaPairCorr

Moving against MEDIANA Stock

  0.34105560 KB Financial GroupPairCorr
The ability to find closely correlated positions to MEDIANA CoLtd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MEDIANA CoLtd 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 MEDIANA CoLtd - 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 MEDIANA CoLtd to buy it.
The correlation of MEDIANA CoLtd 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 MEDIANA CoLtd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MEDIANA 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 MEDIANA CoLtd 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 MEDIANA Stock

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