Dongwoo Farm (Korea) Market Value
| 088910 Stock | KRW 2,005 12.00 0.60% |
| Symbol | Dongwoo |
Dongwoo Farm '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 Dongwoo Farm'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 Dongwoo Farm.
| 11/29/2024 |
| 02/27/2025 |
If you would invest 0.00 in Dongwoo Farm on November 29, 2024 and sell it all today you would earn a total of 0.00 from holding Dongwoo Farm To or generate 0.0% return on investment in Dongwoo Farm over 90 days. Dongwoo Farm is related to or competes with Sewoon Medical, GS Retail, Tuksu Engineering, Keyang Electric, Camus Engineering, Dongbu Insurance, and Dongwoo Farm. Dongwoo Co., Ltd. operates as a chicken processing company that offers fresh and frozen chicken solutions in South Korea. More
Dongwoo Farm 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 Dongwoo Farm'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 Dongwoo Farm To upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0905 | |||
| Maximum Drawdown | 5.65 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.68 |
Dongwoo Farm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dongwoo Farm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dongwoo Farm's standard deviation. In reality, there are many statistical measures that can use Dongwoo Farm historical prices to predict the future Dongwoo Farm's volatility.| Risk Adjusted Performance | 0.0723 | |||
| Jensen Alpha | 0.0928 | |||
| Total Risk Alpha | 0.1039 | |||
| Sortino Ratio | 0.0779 | |||
| Treynor Ratio | (0.46) |
Dongwoo Farm To Backtested Returns
At this point, Dongwoo Farm is very steady. Dongwoo Farm To secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Dongwoo Farm To, which you can use to evaluate the volatility of the firm. Please confirm Dongwoo Farm's Mean Deviation of 0.7651, downside deviation of 1.29, and Coefficient Of Variation of 1067.42 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Dongwoo Farm has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dongwoo Farm are expected to decrease at a much lower rate. During the bear market, Dongwoo Farm is likely to outperform the market. Dongwoo Farm To right now shows a risk of 1.12%. Please confirm Dongwoo Farm To semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Dongwoo Farm To will be following its price patterns.
Auto-correlation | 0.41 |
Average predictability
Dongwoo Farm To has average predictability. Overlapping area represents the amount of predictability between Dongwoo Farm time series from 29th of November 2024 to 13th of January 2025 and 13th of January 2025 to 27th of February 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 Dongwoo Farm To price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Dongwoo Farm price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 490.01 |
Dongwoo Farm To lagged returns against current returns
Autocorrelation, which is Dongwoo Farm 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 Dongwoo Farm's stock expected returns. We can calculate the autocorrelation of Dongwoo Farm returns to help us make a trade decision. For example, suppose you find that Dongwoo Farm 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 |
Dongwoo Farm 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 Dongwoo Farm stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dongwoo Farm stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dongwoo Farm stock over time.
Current vs Lagged Prices |
| Timeline |
Dongwoo Farm Lagged Returns
When evaluating Dongwoo Farm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dongwoo Farm stock have on its future price. Dongwoo Farm 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, Dongwoo Farm autocorrelation shows the relationship between Dongwoo Farm stock current value and its past values and can show if there is a momentum factor associated with investing in Dongwoo Farm To.
Regressed Prices |
| Timeline |
Pair Trading with Dongwoo Farm
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 Dongwoo Farm 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 Dongwoo Farm will appreciate offsetting losses from the drop in the long position's value.Moving against Dongwoo Stock
The ability to find closely correlated positions to Dongwoo Farm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dongwoo Farm 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 Dongwoo Farm - 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 Dongwoo Farm To to buy it.
The correlation of Dongwoo Farm 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 Dongwoo Farm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dongwoo Farm To 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 Dongwoo Farm 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 Dongwoo Stock
Dongwoo Farm financial ratios help investors to determine whether Dongwoo 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 Dongwoo with respect to the benefits of owning Dongwoo Farm security.