Haesung DS (Korea) Market Value
| 195870 Stock | 28,950 1,050 3.50% |
| Symbol | Haesung |
Haesung DS '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 Haesung DS'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 Haesung DS.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Haesung DS on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Haesung DS Co or generate 0.0% return on investment in Haesung DS over 90 days. Haesung DS is related to or competes with LG Household, Lotte Non, Ssangyong Information, Dgb Financial, Dongbu Insurance, Korean Reinsurance, and Lotte Data. More
Haesung DS 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 Haesung DS'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 Haesung DS Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.3 | |||
| Information Ratio | 0.1808 | |||
| Maximum Drawdown | 23.21 | |||
| Value At Risk | (6.03) | |||
| Potential Upside | 7.41 |
Haesung DS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haesung DS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haesung DS's standard deviation. In reality, there are many statistical measures that can use Haesung DS historical prices to predict the future Haesung DS's volatility.| Risk Adjusted Performance | 0.1488 | |||
| Jensen Alpha | 0.6696 | |||
| Total Risk Alpha | 1.05 | |||
| Sortino Ratio | 0.2196 | |||
| Treynor Ratio | 1.62 |
Haesung DS Backtested Returns
Haesung DS appears to be very steady, given 3 months investment horizon. Haesung DS holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. By evaluating Haesung DS's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Haesung DS's Risk Adjusted Performance of 0.1488, downside deviation of 3.3, and Market Risk Adjusted Performance of 1.63 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Haesung DS holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Haesung DS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haesung DS is expected to be smaller as well. Please check Haesung DS's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Haesung DS's current trending patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
Haesung DS Co has very good predictability. Overlapping area represents the amount of predictability between Haesung DS time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Haesung DS price movement. The serial correlation of 0.81 indicates that around 81.0% of current Haesung DS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 6.9 M |
Haesung DS lagged returns against current returns
Autocorrelation, which is Haesung DS 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 Haesung DS's stock expected returns. We can calculate the autocorrelation of Haesung DS returns to help us make a trade decision. For example, suppose you find that Haesung DS 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 |
Haesung DS 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 Haesung DS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haesung DS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haesung DS stock over time.
Current vs Lagged Prices |
| Timeline |
Haesung DS Lagged Returns
When evaluating Haesung DS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haesung DS stock have on its future price. Haesung DS 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, Haesung DS autocorrelation shows the relationship between Haesung DS stock current value and its past values and can show if there is a momentum factor associated with investing in Haesung DS Co.
Regressed Prices |
| Timeline |
Pair Trading with Haesung DS
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 Haesung DS 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 Haesung DS will appreciate offsetting losses from the drop in the long position's value.Moving together with Haesung Stock
The ability to find closely correlated positions to Haesung DS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haesung DS 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 Haesung DS - 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 Haesung DS Co to buy it.
The correlation of Haesung DS 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 Haesung DS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haesung DS 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 Haesung DS 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 Haesung Stock
Haesung DS financial ratios help investors to determine whether Haesung 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 Haesung with respect to the benefits of owning Haesung DS security.