Jeju Semiconductor (Korea) Market Value
| 080220 Stock | KRW 15,450 50.00 0.32% |
| Symbol | Jeju |
Jeju Semiconductor '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 Jeju Semiconductor'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 Jeju Semiconductor.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Jeju Semiconductor on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Jeju Semiconductor Corp or generate 0.0% return on investment in Jeju Semiconductor over 90 days. Jeju Semiconductor is related to or competes with Display Tech, Ilji Technology, Adaptive Plasma, Iljin Display, Ssangyong Information, KT Submarine, and Visang Education. Jeju Semiconductor Corp. provides memory semiconductor solutions worldwide More
Jeju Semiconductor 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 Jeju Semiconductor'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 Jeju Semiconductor Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.42 | |||
| Information Ratio | 0.1901 | |||
| Maximum Drawdown | 37.67 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 8.02 |
Jeju Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jeju Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jeju Semiconductor's standard deviation. In reality, there are many statistical measures that can use Jeju Semiconductor historical prices to predict the future Jeju Semiconductor's volatility.| Risk Adjusted Performance | 0.1631 | |||
| Jensen Alpha | 1.06 | |||
| Total Risk Alpha | 1.61 | |||
| Sortino Ratio | 0.321 | |||
| Treynor Ratio | 1.62 |
Jeju Semiconductor Corp Backtested Returns
Jeju Semiconductor is very steady given 3 months investment horizon. Jeju Semiconductor Corp holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18 % return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Jeju Semiconductor Corp Market Risk Adjusted Performance of 1.63, downside deviation of 3.42, and Risk Adjusted Performance of 0.1631 to evaluate company specific risk that cannot be diversified away. Jeju Semiconductor holds a performance score of 13 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.62, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jeju Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jeju Semiconductor is expected to be smaller as well. Use Jeju Semiconductor Corp downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Jeju Semiconductor Corp.
Auto-correlation | -0.38 |
Poor reverse predictability
Jeju Semiconductor Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Jeju Semiconductor time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Jeju Semiconductor Corp price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Jeju Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 2.4 M |
Jeju Semiconductor Corp lagged returns against current returns
Autocorrelation, which is Jeju Semiconductor 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 Jeju Semiconductor's stock expected returns. We can calculate the autocorrelation of Jeju Semiconductor returns to help us make a trade decision. For example, suppose you find that Jeju Semiconductor 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 |
Jeju Semiconductor 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 Jeju Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jeju Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jeju Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Jeju Semiconductor Lagged Returns
When evaluating Jeju Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jeju Semiconductor stock have on its future price. Jeju Semiconductor 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, Jeju Semiconductor autocorrelation shows the relationship between Jeju Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Jeju Semiconductor Corp.
Regressed Prices |
| Timeline |
Pair Trading with Jeju Semiconductor
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 Jeju Semiconductor 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 Jeju Semiconductor will appreciate offsetting losses from the drop in the long position's value.Moving together with Jeju Stock
Moving against Jeju Stock
The ability to find closely correlated positions to Jeju Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jeju Semiconductor 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 Jeju Semiconductor - 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 Jeju Semiconductor Corp to buy it.
The correlation of Jeju Semiconductor 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 Jeju Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jeju Semiconductor Corp 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 Jeju Semiconductor 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 Jeju Stock
Jeju Semiconductor financial ratios help investors to determine whether Jeju 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 Jeju with respect to the benefits of owning Jeju Semiconductor security.