Vieworks (Korea) Market Value

100120 Stock  KRW 21,700  550.00  2.47%   
Vieworks' market value is the price at which a share of Vieworks trades on a public exchange. It measures the collective expectations of Vieworks Co investors about its performance. Vieworks is trading at 21700.00 as of the 2nd of March 2025, a 2.47 percent decrease since the beginning of the trading day. The stock's open price was 22250.0.
With this module, you can estimate the performance of a buy and hold strategy of Vieworks Co and determine expected loss or profit from investing in Vieworks over a given investment horizon. Check out Vieworks Correlation, Vieworks Volatility and Vieworks Alpha and Beta module to complement your research on Vieworks.
Symbol

Please note, there is a significant difference between Vieworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vieworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vieworks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Vieworks '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 Vieworks' 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 Vieworks.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/02/2025
0.00
If you would invest  0.00  in Vieworks on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Vieworks Co or generate 0.0% return on investment in Vieworks over 60 days. Vieworks is related to or competes with InBody CoLtd, Seegene, DIO, and LEENO Industrial. Ltd. designs, develops, manufactures, and sells camera systems and digital imaging systems for digital radiography, digi... More

Vieworks 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 Vieworks' 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 Vieworks Co upside and downside potential and time the market with a certain degree of confidence.

Vieworks Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vieworks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vieworks' standard deviation. In reality, there are many statistical measures that can use Vieworks historical prices to predict the future Vieworks' volatility.
Hype
Prediction
LowEstimatedHigh
21,69821,70021,702
Details
Intrinsic
Valuation
LowRealHigh
17,92617,92823,870
Details
Naive
Forecast
LowNextHigh
21,86821,87021,872
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20,57821,59522,612
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vieworks. Your research has to be compared to or analyzed against Vieworks' peers to derive any actionable benefits. When done correctly, Vieworks' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Vieworks.

Vieworks Backtested Returns

At this point, Vieworks is very steady. Vieworks owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0725, which indicates the firm had a 0.0725 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Vieworks Co, which you can use to evaluate the volatility of the company. Please validate Vieworks' Risk Adjusted Performance of 0.0245, coefficient of variation of 3857.44, and Semi Deviation of 1.68 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Vieworks has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vieworks are expected to decrease at a much lower rate. During the bear market, Vieworks is likely to outperform the market. Vieworks right now has a risk of 1.62%. Please validate Vieworks market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Vieworks will be following its existing price patterns.

Auto-correlation

    
  0.33  

Below average predictability

Vieworks Co has below average predictability. Overlapping area represents the amount of predictability between Vieworks time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 Vieworks price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Vieworks price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test0.13
Residual Average0.0
Price Variance243.1 K

Vieworks lagged returns against current returns

Autocorrelation, which is Vieworks 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 Vieworks' stock expected returns. We can calculate the autocorrelation of Vieworks returns to help us make a trade decision. For example, suppose you find that Vieworks 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  

Vieworks 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 Vieworks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vieworks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vieworks stock over time.
   Current vs Lagged Prices   
       Timeline  

Vieworks Lagged Returns

When evaluating Vieworks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vieworks stock have on its future price. Vieworks 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, Vieworks autocorrelation shows the relationship between Vieworks stock current value and its past values and can show if there is a momentum factor associated with investing in Vieworks Co.
   Regressed Prices   
       Timeline  

Pair Trading with Vieworks

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 Vieworks 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 Vieworks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vieworks Stock

  0.72217270 Daishin Balance 1PairCorr
  0.71293780 AptaBio TherapeuticsPairCorr
The ability to find closely correlated positions to Vieworks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vieworks 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 Vieworks - 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 Vieworks Co to buy it.
The correlation of Vieworks 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 Vieworks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vieworks 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 Vieworks 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Vieworks Stock

Vieworks financial ratios help investors to determine whether Vieworks 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 Vieworks with respect to the benefits of owning Vieworks security.