Visang Education (Korea) Market Value
| 100220 Stock | 4,695 815.00 14.79% |
| Symbol | Visang |
Visang Education '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 Visang Education'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 Visang Education.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Visang Education on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Visang Education or generate 0.0% return on investment in Visang Education over 180 days. Visang Education is related to or competes with AptaBio Therapeutics, Daewoo SBI, Dream Security, Microfriend, Innometry, and Jahwa Electron. More
Visang Education 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 Visang Education'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 Visang Education upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.2 | |||
| Information Ratio | 0.0401 | |||
| Maximum Drawdown | 34.31 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 5.05 |
Visang Education Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Visang Education's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Visang Education's standard deviation. In reality, there are many statistical measures that can use Visang Education historical prices to predict the future Visang Education's volatility.| Risk Adjusted Performance | 0.0612 | |||
| Jensen Alpha | 0.3199 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0334 | |||
| Treynor Ratio | (1.09) |
Visang Education Backtested Returns
Visang Education appears to be very steady, given 3 months investment horizon. Visang Education owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0896, which indicates the firm had a 0.0896% return per unit of risk over the last 3 months. We have found thirty technical indicators for Visang Education, which you can use to evaluate the volatility of the company. Please review Visang Education's Risk Adjusted Performance of 0.0612, coefficient of variation of 1447.46, and Semi Deviation of 4.64 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Visang Education holds a performance score of 7. The entity has a beta of -0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Visang Education are expected to decrease at a much lower rate. During the bear market, Visang Education is likely to outperform the market. Please check Visang Education's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Visang Education's existing price patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Visang Education has modest reverse predictability. Overlapping area represents the amount of predictability between Visang Education time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Visang Education price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Visang Education price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 516 K |
Visang Education lagged returns against current returns
Autocorrelation, which is Visang Education 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 Visang Education's stock expected returns. We can calculate the autocorrelation of Visang Education returns to help us make a trade decision. For example, suppose you find that Visang Education 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 |
Visang Education 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 Visang Education stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Visang Education stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Visang Education stock over time.
Current vs Lagged Prices |
| Timeline |
Visang Education Lagged Returns
When evaluating Visang Education's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Visang Education stock have on its future price. Visang Education 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, Visang Education autocorrelation shows the relationship between Visang Education stock current value and its past values and can show if there is a momentum factor associated with investing in Visang Education.
Regressed Prices |
| Timeline |
Pair Trading with Visang Education
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 Visang Education 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 Visang Education will appreciate offsetting losses from the drop in the long position's value.Moving together with Visang Stock
Moving against Visang Stock
| 0.69 | 302430 | Innometry | PairCorr |
| 0.62 | 293780 | AptaBio Therapeutics | PairCorr |
| 0.62 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.62 | 033240 | Jahwa Electron | PairCorr |
| 0.53 | 053080 | Wonbang Tech | PairCorr |
The ability to find closely correlated positions to Visang Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Visang Education 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 Visang Education - 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 Visang Education to buy it.
The correlation of Visang Education 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 Visang Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Visang Education 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 Visang Education 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 Visang Stock
Visang Education financial ratios help investors to determine whether Visang 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 Visang with respect to the benefits of owning Visang Education security.