LF (Korea) Market Value

066970 Stock  KRW 78,900  7,000  8.15%   
LF's market value is the price at which a share of LF trades on a public exchange. It measures the collective expectations of LF Co investors about its performance. LF is trading at 78900.00 as of the 1st of March 2025, a 8.15 percent decrease since the beginning of the trading day. The stock's open price was 85900.0.
With this module, you can estimate the performance of a buy and hold strategy of LF Co and determine expected loss or profit from investing in LF over a given investment horizon. Check out LF Correlation, LF Volatility and LF Alpha and Beta module to complement your research on LF.
Symbol

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

LF '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 LF'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 LF.
0.00
05/11/2023
No Change 0.00  0.0 
In 1 year 9 months and 22 days
03/01/2025
0.00
If you would invest  0.00  in LF on May 11, 2023 and sell it all today you would earn a total of 0.00 from holding LF Co or generate 0.0% return on investment in LF over 660 days. LF is related to or competes with Ecopro BM, and Ecopro Co. LF Co., Ltd. manufactures and sell electronic components in Korea. More

LF 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 LF'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 LF Co upside and downside potential and time the market with a certain degree of confidence.

LF Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for LF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LF's standard deviation. In reality, there are many statistical measures that can use LF historical prices to predict the future LF's volatility.
Hype
Prediction
LowEstimatedHigh
78,89678,90078,904
Details
Intrinsic
Valuation
LowRealHigh
72,44672,45086,790
Details
Naive
Forecast
LowNextHigh
87,04887,05287,057
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
75,77584,01492,254
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LF. Your research has to be compared to or analyzed against LF's peers to derive any actionable benefits. When done correctly, LF'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 LF Co.

LF Co Backtested Returns

LF Co retains Efficiency (Sharpe Ratio) of -0.0718, which conveys that the firm had a -0.0718 % return per unit of price deviation over the last 3 months. LF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LF's Market Risk Adjusted Performance of 0.595, information ratio of (0.08), and Mean Deviation of 3.15 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning LF are expected to decrease at a much lower rate. During the bear market, LF is likely to outperform the market. At this point, LF Co has a negative expected return of -0.29%. Please make sure to verify LF's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if LF Co performance from the past will be repeated sooner or later.

Auto-correlation

    
  0.84  

Very good predictability

LF Co has very good predictability. Overlapping area represents the amount of predictability between LF time series from 11th of May 2023 to 5th of April 2024 and 5th of April 2024 to 1st 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 LF Co price movement. The serial correlation of 0.84 indicates that around 84.0% of current LF price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.66
Residual Average0.0
Price Variance784.2 M

LF Co lagged returns against current returns

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

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

LF Lagged Returns

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

Pair Trading with LF

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

Moving against LF Stock

  0.52040910 ICD CoPairCorr
The ability to find closely correlated positions to LF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LF 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 LF - 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 LF Co to buy it.
The correlation of LF 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 LF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LF Co 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 LF 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 LF Stock

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