SOOSAN INT (Korea) Market Value
| 050960 Stock | KRW 16,960 1,020 6.40% |
| Symbol | SOOSAN |
SOOSAN INT '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 SOOSAN INT'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 SOOSAN INT.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in SOOSAN INT on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding SOOSAN INT Co or generate 0.0% return on investment in SOOSAN INT over 90 days. SOOSAN INT is related to or competes with Kbi Metal, Seoyon Topmetal, Korea Alcohol, Seoul Semiconductor, Hyundai Industrial, ITM Semiconductor, and Handok Clean. SOOSAN INT Co., Ltd. provides network security solutions and ISP platform services in South Korea and internationally More
SOOSAN INT 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 SOOSAN INT'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 SOOSAN INT Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.55 | |||
| Information Ratio | 0.1718 | |||
| Maximum Drawdown | 50.41 | |||
| Value At Risk | (9.56) | |||
| Potential Upside | 18.33 |
SOOSAN INT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SOOSAN INT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SOOSAN INT's standard deviation. In reality, there are many statistical measures that can use SOOSAN INT historical prices to predict the future SOOSAN INT's volatility.| Risk Adjusted Performance | 0.1482 | |||
| Jensen Alpha | 1.35 | |||
| Total Risk Alpha | 2.37 | |||
| Sortino Ratio | 0.2186 | |||
| Treynor Ratio | 6.64 |
SOOSAN INT Backtested Returns
SOOSAN INT appears to be very steady, given 3 months investment horizon. SOOSAN INT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0513, which indicates the firm had a 0.0513 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for SOOSAN INT Co, which you can use to evaluate the volatility of the company. Please review SOOSAN INT's risk adjusted performance of 0.1482, and Coefficient Of Variation of 625.38 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SOOSAN INT holds a performance score of 4. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SOOSAN INT's returns are expected to increase less than the market. However, during the bear market, the loss of holding SOOSAN INT is expected to be smaller as well. Please check SOOSAN INT's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether SOOSAN INT's existing price patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
SOOSAN INT Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between SOOSAN INT time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 SOOSAN INT price movement. The serial correlation of -0.15 indicates that less than 15.0% of current SOOSAN INT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 M |
SOOSAN INT lagged returns against current returns
Autocorrelation, which is SOOSAN INT 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 SOOSAN INT's stock expected returns. We can calculate the autocorrelation of SOOSAN INT returns to help us make a trade decision. For example, suppose you find that SOOSAN INT 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 |
SOOSAN INT 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 SOOSAN INT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SOOSAN INT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SOOSAN INT stock over time.
Current vs Lagged Prices |
| Timeline |
SOOSAN INT Lagged Returns
When evaluating SOOSAN INT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SOOSAN INT stock have on its future price. SOOSAN INT 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, SOOSAN INT autocorrelation shows the relationship between SOOSAN INT stock current value and its past values and can show if there is a momentum factor associated with investing in SOOSAN INT Co.
Regressed Prices |
| Timeline |
Pair Trading with SOOSAN INT
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 SOOSAN INT 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 SOOSAN INT will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to SOOSAN INT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SOOSAN INT 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 SOOSAN INT - 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 SOOSAN INT Co to buy it.
The correlation of SOOSAN INT 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 SOOSAN INT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SOOSAN INT 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 SOOSAN INT 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 SOOSAN Stock
SOOSAN INT financial ratios help investors to determine whether SOOSAN 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 SOOSAN with respect to the benefits of owning SOOSAN INT security.