AnterogenCoLtd (Korea) Market Value
| 065660 Stock | KRW 16,620 320.00 1.96% |
| Symbol | AnterogenCoLtd |
AnterogenCoLtd '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 AnterogenCoLtd'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 AnterogenCoLtd.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in AnterogenCoLtd on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding AnterogenCoLtd or generate 0.0% return on investment in AnterogenCoLtd over 30 days. AnterogenCoLtd is related to or competes with DOLLAR TREE. ,Ltd., a bio-venture company, engages in the research, development, and commercialization of stem cell therapy products ... More
AnterogenCoLtd 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 AnterogenCoLtd'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 AnterogenCoLtd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.21 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.03 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 3.93 |
AnterogenCoLtd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AnterogenCoLtd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AnterogenCoLtd's standard deviation. In reality, there are many statistical measures that can use AnterogenCoLtd historical prices to predict the future AnterogenCoLtd's volatility.| Risk Adjusted Performance | 0.032 | |||
| Jensen Alpha | 0.0719 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (2.64) |
AnterogenCoLtd Backtested Returns
AnterogenCoLtd appears to be very steady, given 3 months investment horizon. AnterogenCoLtd secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for AnterogenCoLtd, which you can use to evaluate the volatility of the firm. Please makes use of AnterogenCoLtd's Mean Deviation of 1.64, risk adjusted performance of 0.032, and Downside Deviation of 2.21 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AnterogenCoLtd holds a performance score of 8. The firm shows a Beta (market volatility) of -0.0261, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AnterogenCoLtd are expected to decrease at a much lower rate. During the bear market, AnterogenCoLtd is likely to outperform the market. Please check AnterogenCoLtd's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether AnterogenCoLtd's price patterns will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
AnterogenCoLtd has poor reverse predictability. Overlapping area represents the amount of predictability between AnterogenCoLtd time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 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 AnterogenCoLtd price movement. The serial correlation of -0.36 indicates that just about 36.0% of current AnterogenCoLtd price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 423.4 K |
AnterogenCoLtd lagged returns against current returns
Autocorrelation, which is AnterogenCoLtd 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 AnterogenCoLtd's stock expected returns. We can calculate the autocorrelation of AnterogenCoLtd returns to help us make a trade decision. For example, suppose you find that AnterogenCoLtd 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 |
AnterogenCoLtd 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 AnterogenCoLtd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AnterogenCoLtd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AnterogenCoLtd stock over time.
Current vs Lagged Prices |
| Timeline |
AnterogenCoLtd Lagged Returns
When evaluating AnterogenCoLtd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AnterogenCoLtd stock have on its future price. AnterogenCoLtd 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, AnterogenCoLtd autocorrelation shows the relationship between AnterogenCoLtd stock current value and its past values and can show if there is a momentum factor associated with investing in AnterogenCoLtd.
Regressed Prices |
| Timeline |
Other Information on Investing in AnterogenCoLtd Stock
AnterogenCoLtd financial ratios help investors to determine whether AnterogenCoLtd 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 AnterogenCoLtd with respect to the benefits of owning AnterogenCoLtd security.