Partron (Korea) Market Value
| 091700 Stock | KRW 6,940 30.00 0.43% |
| Symbol | Partron |
Partron '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 Partron'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 Partron.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Partron on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Partron Co or generate 0.0% return on investment in Partron over 90 days. Partron is related to or competes with Seoul Semiconductor, SFA Engineering, and Soulbrain Holdings. Partron Co., Ltd. manufactures and sells components for mobile phones and telecommunication systems in South Korea and i... More
Partron 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 Partron'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 Partron Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.1234 | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.06 |
Partron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Partron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Partron's standard deviation. In reality, there are many statistical measures that can use Partron historical prices to predict the future Partron's volatility.| Risk Adjusted Performance | 0.0276 | |||
| Jensen Alpha | 0.0295 | |||
| Total Risk Alpha | 0.1537 | |||
| Sortino Ratio | 0.1257 | |||
| Treynor Ratio | 0.2858 |
Partron Backtested Returns
Partron maintains Sharpe Ratio (i.e., Efficiency) of -0.0596, which implies the firm had a -0.0596 % return per unit of risk over the last 3 months. Partron exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Partron's Coefficient Of Variation of 3370.2, risk adjusted performance of 0.0276, and Semi Deviation of 0.9132 to confirm the risk estimate we provide. The company holds a Beta of 0.0747, which implies not very significant fluctuations relative to the market. As returns on the market increase, Partron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Partron is expected to be smaller as well. At this point, Partron has a negative expected return of -0.0528%. Please make sure to check Partron's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Partron performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Partron Co has very good reverse predictability. Overlapping area represents the amount of predictability between Partron time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Partron price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Partron price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 41.4 K |
Partron lagged returns against current returns
Autocorrelation, which is Partron 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 Partron's stock expected returns. We can calculate the autocorrelation of Partron returns to help us make a trade decision. For example, suppose you find that Partron 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 |
Partron 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 Partron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Partron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Partron stock over time.
Current vs Lagged Prices |
| Timeline |
Partron Lagged Returns
When evaluating Partron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Partron stock have on its future price. Partron 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, Partron autocorrelation shows the relationship between Partron stock current value and its past values and can show if there is a momentum factor associated with investing in Partron Co.
Regressed Prices |
| Timeline |
Other Information on Investing in Partron Stock
Partron financial ratios help investors to determine whether Partron 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 Partron with respect to the benefits of owning Partron security.