Seegene (Korea) Market Value
| 096530 Stock | KRW 24,650 50.00 0.20% |
| Symbol | Seegene |
Seegene '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 Seegene'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 Seegene.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Seegene on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Seegene or generate 0.0% return on investment in Seegene over 90 days. Seegene is related to or competes with Medy Tox. Seegene, Inc. manufactures and sells molecular diagnostics systems More
Seegene 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 Seegene'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 Seegene upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.0557 | |||
| Maximum Drawdown | 20.97 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 4.18 |
Seegene Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seegene's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seegene's standard deviation. In reality, there are many statistical measures that can use Seegene historical prices to predict the future Seegene's volatility.| Risk Adjusted Performance | 0.0268 | |||
| Jensen Alpha | 0.0712 | |||
| Total Risk Alpha | 0.4332 | |||
| Sortino Ratio | 0.075 | |||
| Treynor Ratio | 0.4711 |
Seegene Backtested Returns
At this point, Seegene is very steady. Seegene owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0389, which indicates the firm had a 0.0389 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Seegene, which you can use to evaluate the volatility of the company. Please validate Seegene's Semi Deviation of 2.03, coefficient of variation of 4420.37, and Risk Adjusted Performance of 0.0268 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Seegene has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Seegene's returns are expected to increase less than the market. However, during the bear market, the loss of holding Seegene is expected to be smaller as well. Seegene right now has a risk of 2.83%. Please validate Seegene downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Seegene will be following its existing price patterns.
Auto-correlation | -0.07 |
Very weak reverse predictability
Seegene has very weak reverse predictability. Overlapping area represents the amount of predictability between Seegene 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 Seegene price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Seegene price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 498.5 K |
Seegene lagged returns against current returns
Autocorrelation, which is Seegene 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 Seegene's stock expected returns. We can calculate the autocorrelation of Seegene returns to help us make a trade decision. For example, suppose you find that Seegene 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 |
Seegene 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 Seegene stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seegene stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seegene stock over time.
Current vs Lagged Prices |
| Timeline |
Seegene Lagged Returns
When evaluating Seegene's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seegene stock have on its future price. Seegene 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, Seegene autocorrelation shows the relationship between Seegene stock current value and its past values and can show if there is a momentum factor associated with investing in Seegene.
Regressed Prices |
| Timeline |
Other Information on Investing in Seegene Stock
Seegene financial ratios help investors to determine whether Seegene 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 Seegene with respect to the benefits of owning Seegene security.