Chin Yang (Korea) Market Value

051630 Stock   4,160  105.00  2.59%   
Chin Yang's market value is the price at which a share of Chin Yang trades on a public exchange. It measures the collective expectations of Chin Yang Chemical investors about its performance. Chin Yang is trading at 4160.00 as of the 17th of March 2025, a 2.59% up since the beginning of the trading day. The stock's open price was 4055.0.
With this module, you can estimate the performance of a buy and hold strategy of Chin Yang Chemical and determine expected loss or profit from investing in Chin Yang over a given investment horizon. Check out Chin Yang Correlation, Chin Yang Volatility and Chin Yang Alpha and Beta module to complement your research on Chin Yang.
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Please note, there is a significant difference between Chin Yang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chin Yang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chin Yang'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.

Chin Yang '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 Chin Yang'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 Chin Yang.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Chin Yang on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Chin Yang Chemical or generate 0.0% return on investment in Chin Yang over 90 days. Chin Yang is related to or competes with Barunson Entertainment, Korea Industrial, Kyeryong Construction, Next Entertainment, and Pan Entertainment. More

Chin Yang 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 Chin Yang'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 Chin Yang Chemical upside and downside potential and time the market with a certain degree of confidence.

Chin Yang Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Chin Yang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chin Yang's standard deviation. In reality, there are many statistical measures that can use Chin Yang historical prices to predict the future Chin Yang's volatility.
Hype
Prediction
LowEstimatedHigh
4,1534,1604,167
Details
Intrinsic
Valuation
LowRealHigh
3,5703,5764,576
Details
Naive
Forecast
LowNextHigh
4,1934,2004,206
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3,7244,2864,848
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chin Yang. Your research has to be compared to or analyzed against Chin Yang's peers to derive any actionable benefits. When done correctly, Chin Yang'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 Chin Yang Chemical.

Chin Yang Chemical Backtested Returns

Chin Yang appears to be very steady, given 3 months investment horizon. Chin Yang Chemical secures Sharpe Ratio (or Efficiency) of 0.0639, which signifies that the company had a 0.0639 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Chin Yang Chemical, which you can use to evaluate the volatility of the firm. Please makes use of Chin Yang's Downside Deviation of 5.93, risk adjusted performance of 0.1438, and Mean Deviation of 5.49 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Chin Yang holds a performance score of 5. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chin Yang are expected to decrease at a much lower rate. During the bear market, Chin Yang is likely to outperform the market. Please check Chin Yang's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Chin Yang's price patterns will revert.

Auto-correlation

    
  -0.39  

Poor reverse predictability

Chin Yang Chemical has poor reverse predictability. Overlapping area represents the amount of predictability between Chin Yang 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 Chin Yang Chemical price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Chin Yang price fluctuation can be explain by its past prices.
Correlation Coefficient-0.39
Spearman Rank Test-0.19
Residual Average0.0
Price Variance164.4 K

Chin Yang Chemical lagged returns against current returns

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

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

Chin Yang Lagged Returns

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

Pair Trading with Chin Yang

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

Moving together with Chin Stock

  0.73293780 AptaBio TherapeuticsPairCorr
The ability to find closely correlated positions to Chin Yang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chin Yang 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 Chin Yang - 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 Chin Yang Chemical to buy it.
The correlation of Chin Yang 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 Chin Yang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chin Yang Chemical 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 Chin Yang 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 Chin Stock

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