Samyoung M (Korea) Market Value
| 054540 Stock | 4,090 195.00 4.55% |
| Symbol | Samyoung |
Samyoung M '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 Samyoung M'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 Samyoung M.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Samyoung M on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Samyoung M Tek Co or generate 0.0% return on investment in Samyoung M over 360 days. Samyoung M is related to or competes with Automobile, BGF Retail, Shinsegae Information, ECSTELECOM, Korea Information, Digital Power, and GS Retail. More
Samyoung M 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 Samyoung M'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 Samyoung M Tek Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.53 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.21 |
Samyoung M Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samyoung M's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samyoung M's standard deviation. In reality, there are many statistical measures that can use Samyoung M historical prices to predict the future Samyoung M's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.17) |
Samyoung M Tek Backtested Returns
At this point, Samyoung M is very steady. Samyoung M Tek owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0076, which indicates the firm had a 0.0076% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Samyoung M Tek Co, which you can use to evaluate the volatility of the company. Please validate Samyoung M's Variance of 5.74, coefficient of variation of (1,327), and Risk Adjusted Performance of (0.05) to confirm if the risk estimate we provide is consistent with the expected return of 0.0174%. The entity has a beta of 1.13, which indicates a somewhat significant risk relative to the market. Samyoung M returns are very sensitive to returns on the market. As the market goes up or down, Samyoung M is expected to follow. Samyoung M Tek right now has a risk of 2.3%. Please validate Samyoung M coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Samyoung M will be following its existing price patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
Samyoung M Tek Co has very weak reverse predictability. Overlapping area represents the amount of predictability between Samyoung M time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Samyoung M Tek price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Samyoung M price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 151.1 K |
Samyoung M Tek lagged returns against current returns
Autocorrelation, which is Samyoung M 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 Samyoung M's stock expected returns. We can calculate the autocorrelation of Samyoung M returns to help us make a trade decision. For example, suppose you find that Samyoung M 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 |
Samyoung M 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 Samyoung M stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samyoung M stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samyoung M stock over time.
Current vs Lagged Prices |
| Timeline |
Samyoung M Lagged Returns
When evaluating Samyoung M's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samyoung M stock have on its future price. Samyoung M 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, Samyoung M autocorrelation shows the relationship between Samyoung M stock current value and its past values and can show if there is a momentum factor associated with investing in Samyoung M Tek Co.
Regressed Prices |
| Timeline |
Pair Trading with Samyoung M
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 Samyoung M 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 Samyoung M will appreciate offsetting losses from the drop in the long position's value.Moving against Samyoung Stock
The ability to find closely correlated positions to Samyoung M could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samyoung M 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 Samyoung M - 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 Samyoung M Tek Co to buy it.
The correlation of Samyoung M 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 Samyoung M moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samyoung M Tek 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 Samyoung M 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 Samyoung Stock
Samyoung M financial ratios help investors to determine whether Samyoung 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 Samyoung with respect to the benefits of owning Samyoung M security.