Seojin System (Korea) Market Value
| 178320 Stock | KRW 22,350 250.00 1.11% |
| Symbol | Seojin |
Seojin System '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 Seojin System'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 Seojin System.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Seojin System on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Seojin System CoLtd or generate 0.0% return on investment in Seojin System over 90 days. Seojin System is related to or competes with Alphabet, Mitra Energi, Kmw, and Starbucks. Seojin System Co., Ltd provides telecom equipment, mechanical products, and LED and other equipment More
Seojin System 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 Seojin System'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 Seojin System CoLtd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.28 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 4.08 |
Seojin System Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seojin System's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seojin System's standard deviation. In reality, there are many statistical measures that can use Seojin System historical prices to predict the future Seojin System's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.3243 | |||
| Treynor Ratio | (0.59) |
Seojin System CoLtd Backtested Returns
Seojin System CoLtd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17 % return per unit of risk over the last 3 months. Seojin System CoLtd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seojin System's Variance of 9.42, coefficient of variation of (2,302), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Seojin System's returns are expected to increase less than the market. However, during the bear market, the loss of holding Seojin System is expected to be smaller as well. At this point, Seojin System CoLtd has a negative expected return of -0.49%. Please make sure to validate Seojin System's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Seojin System CoLtd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Seojin System CoLtd has average predictability. Overlapping area represents the amount of predictability between Seojin System time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Seojin System CoLtd price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Seojin System price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 1.3 M |
Seojin System CoLtd lagged returns against current returns
Autocorrelation, which is Seojin System 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 Seojin System's stock expected returns. We can calculate the autocorrelation of Seojin System returns to help us make a trade decision. For example, suppose you find that Seojin System 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 |
Seojin System 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 Seojin System stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seojin System stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seojin System stock over time.
Current vs Lagged Prices |
| Timeline |
Seojin System Lagged Returns
When evaluating Seojin System's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seojin System stock have on its future price. Seojin System 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, Seojin System autocorrelation shows the relationship between Seojin System stock current value and its past values and can show if there is a momentum factor associated with investing in Seojin System CoLtd.
Regressed Prices |
| Timeline |
Other Information on Investing in Seojin Stock
Seojin System financial ratios help investors to determine whether Seojin 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 Seojin with respect to the benefits of owning Seojin System security.