KB No2 (Korea) Market Value
| 192250 Stock | KRW 8,120 30.00 0.37% |
| Symbol | 192250 |
KB No2 '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 KB No2'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 KB No2.
| 01/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in KB No2 on January 28, 2023 and sell it all today you would earn a total of 0.00 from holding KB No2 Special or generate 0.0% return on investment in KB No2 over 690 days. KB No2 is related to or competes with Samsung Electronics, Samsung Electronics, LG Energy, SK Hynix, Samsung Biologics, LG Chem, and LG Chemicals. KSIGN Co., Ltd. develops and supplies software products primarily in South Korea More
KB No2 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 KB No2'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 KB No2 Special upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 19.65 | |||
| Value At Risk | (6.79) | |||
| Potential Upside | 4.99 |
KB No2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KB No2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KB No2's standard deviation. In reality, there are many statistical measures that can use KB No2 historical prices to predict the future KB No2's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.44) |
KB No2 Special Backtested Returns
KB No2 Special retains Efficiency (Sharpe Ratio) of -0.14, which conveys that the company had a -0.14% return per unit of price deviation over the last 3 months. KB No2 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KB No2's Information Ratio of (0.1), mean deviation of 2.5, and Market Risk Adjusted Performance of (0.43) to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KB No2's returns are expected to increase less than the market. However, during the bear market, the loss of holding KB No2 is expected to be smaller as well. At this point, KB No2 Special has a negative expected return of -0.47%. Please make sure to verify KB No2's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if KB No2 Special performance from the past will be repeated sooner or later.
Auto-correlation | 0.78 |
Good predictability
KB No2 Special has good predictability. Overlapping area represents the amount of predictability between KB No2 time series from 28th of January 2023 to 8th of January 2024 and 8th of January 2024 to 18th of December 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 KB No2 Special price movement. The serial correlation of 0.78 indicates that around 78.0% of current KB No2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 3.9 M |
KB No2 Special lagged returns against current returns
Autocorrelation, which is KB No2 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 KB No2's stock expected returns. We can calculate the autocorrelation of KB No2 returns to help us make a trade decision. For example, suppose you find that KB No2 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 |
KB No2 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 KB No2 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KB No2 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KB No2 stock over time.
Current vs Lagged Prices |
| Timeline |
KB No2 Lagged Returns
When evaluating KB No2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KB No2 stock have on its future price. KB No2 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, KB No2 autocorrelation shows the relationship between KB No2 stock current value and its past values and can show if there is a momentum factor associated with investing in KB No2 Special.
Regressed Prices |
| Timeline |
Pair Trading with KB No2
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 KB No2 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 KB No2 will appreciate offsetting losses from the drop in the long position's value.Moving together with 192250 Stock
| 0.82 | 005935 | Samsung Electronics | PairCorr |
| 0.81 | 005930 | Samsung Electronics | PairCorr |
| 0.68 | 207940 | Samsung Biologics | PairCorr |
The ability to find closely correlated positions to KB No2 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KB No2 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 KB No2 - 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 KB No2 Special to buy it.
The correlation of KB No2 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 KB No2 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KB No2 Special 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 KB No2 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 192250 Stock
KB No2 financial ratios help investors to determine whether 192250 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 192250 with respect to the benefits of owning KB No2 security.