MEDIPOST (Korea) Market Value
| 078160 Stock | KRW 10,260 230.00 2.29% |
| Symbol | MEDIPOST |
MEDIPOST '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 MEDIPOST'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 MEDIPOST.
| 10/31/2024 |
| 12/30/2024 |
If you would invest 0.00 in MEDIPOST on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding MEDIPOST Co or generate 0.0% return on investment in MEDIPOST over 60 days. MEDIPOST is related to or competes with Medy Tox, and Soulbrain Holdings. MEDIPOST Co., Ltd. provides stem cell therapeutic solutions to meet the unmet medical needs in South Korea and internati... More
MEDIPOST 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 MEDIPOST'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 MEDIPOST Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.75 | |||
| Information Ratio | 0.1522 | |||
| Maximum Drawdown | 33.54 | |||
| Value At Risk | (7.83) | |||
| Potential Upside | 14.36 |
MEDIPOST Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MEDIPOST's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MEDIPOST's standard deviation. In reality, there are many statistical measures that can use MEDIPOST historical prices to predict the future MEDIPOST's volatility.| Risk Adjusted Performance | 0.134 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 0.8437 | |||
| Sortino Ratio | 0.2117 | |||
| Treynor Ratio | 9.09 |
MEDIPOST Backtested Returns
MEDIPOST is very steady given 3 months investment horizon. MEDIPOST has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.21% are justified by taking the suggested risk. Use MEDIPOST mean deviation of 4.68, and Risk Adjusted Performance of 0.134 to evaluate company specific risk that cannot be diversified away. MEDIPOST holds a performance score of 13 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MEDIPOST's returns are expected to increase less than the market. However, during the bear market, the loss of holding MEDIPOST is expected to be smaller as well. Use MEDIPOST mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on MEDIPOST.
Auto-correlation | -0.25 |
Weak reverse predictability
MEDIPOST Co has weak reverse predictability. Overlapping area represents the amount of predictability between MEDIPOST time series from 31st of October 2024 to 30th of November 2024 and 30th of November 2024 to 30th 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 MEDIPOST price movement. The serial correlation of -0.25 indicates that over 25.0% of current MEDIPOST price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 3.2 M |
MEDIPOST lagged returns against current returns
Autocorrelation, which is MEDIPOST 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 MEDIPOST's stock expected returns. We can calculate the autocorrelation of MEDIPOST returns to help us make a trade decision. For example, suppose you find that MEDIPOST 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 |
MEDIPOST 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 MEDIPOST stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MEDIPOST stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MEDIPOST stock over time.
Current vs Lagged Prices |
| Timeline |
MEDIPOST Lagged Returns
When evaluating MEDIPOST's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MEDIPOST stock have on its future price. MEDIPOST 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, MEDIPOST autocorrelation shows the relationship between MEDIPOST stock current value and its past values and can show if there is a momentum factor associated with investing in MEDIPOST Co.
Regressed Prices |
| Timeline |
Pair Trading with MEDIPOST
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 MEDIPOST 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 MEDIPOST will appreciate offsetting losses from the drop in the long position's value.Moving against MEDIPOST Stock
| 0.78 | 055550 | Shinhan Financial | PairCorr |
| 0.69 | 005935 | Samsung Electronics | PairCorr |
| 0.64 | 005930 | Samsung Electronics | PairCorr |
| 0.61 | 005380 | Hyundai Motor | PairCorr |
| 0.37 | 086790 | Hana Financial | PairCorr |
The ability to find closely correlated positions to MEDIPOST could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MEDIPOST 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 MEDIPOST - 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 MEDIPOST Co to buy it.
The correlation of MEDIPOST 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 MEDIPOST moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MEDIPOST 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 MEDIPOST 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 MEDIPOST Stock
MEDIPOST financial ratios help investors to determine whether MEDIPOST 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 MEDIPOST with respect to the benefits of owning MEDIPOST security.