Dream Security (Korea) Market Value
| 203650 Stock | KRW 3,270 80.00 2.39% |
| Symbol | Dream |
Dream Security '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 Dream Security'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 Dream Security.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Dream Security on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Dream Security co or generate 0.0% return on investment in Dream Security over 30 days. Dream Security is related to or competes with Shinsegae Food, Seoul Food, Sam Yang, CKH Food, Vitzro Tech, and Sempio Foods. Dream Security co., Ltd., an authentication security company, offers authentication and security solutions, authenticati... More
Dream Security 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 Dream Security'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 Dream Security co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0402 | |||
| Maximum Drawdown | 12.75 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 4.64 |
Dream Security Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dream Security's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dream Security's standard deviation. In reality, there are many statistical measures that can use Dream Security historical prices to predict the future Dream Security's volatility.| Risk Adjusted Performance | 0.0788 | |||
| Jensen Alpha | 0.2309 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.044 | |||
| Treynor Ratio | (144.21) |
Dream Security co Backtested Returns
Dream Security appears to be very steady, given 3 months investment horizon. Dream Security co secures Sharpe Ratio (or Efficiency) of 0.0796, which denotes the company had a 0.0796% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Dream Security co, which you can use to evaluate the volatility of the firm. Please utilize Dream Security's Downside Deviation of 2.34, semi deviation of 2.09, and Mean Deviation of 2.03 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dream Security holds a performance score of 6. The firm shows a Beta (market volatility) of -0.0016, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dream Security are expected to decrease at a much lower rate. During the bear market, Dream Security is likely to outperform the market. Please check Dream Security'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 Dream Security's price patterns will revert.
Auto-correlation | -0.56 |
Good reverse predictability
Dream Security co has good reverse predictability. Overlapping area represents the amount of predictability between Dream Security time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Dream Security co price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Dream Security price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 4273.14 |
Dream Security co lagged returns against current returns
Autocorrelation, which is Dream Security 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 Dream Security's stock expected returns. We can calculate the autocorrelation of Dream Security returns to help us make a trade decision. For example, suppose you find that Dream Security 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 |
Dream Security 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 Dream Security stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dream Security stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dream Security stock over time.
Current vs Lagged Prices |
| Timeline |
Dream Security Lagged Returns
When evaluating Dream Security's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dream Security stock have on its future price. Dream Security 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, Dream Security autocorrelation shows the relationship between Dream Security stock current value and its past values and can show if there is a momentum factor associated with investing in Dream Security co.
Regressed Prices |
| Timeline |
Pair Trading with Dream Security
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 Dream Security 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 Dream Security will appreciate offsetting losses from the drop in the long position's value.Moving against Dream Stock
| 0.66 | 060850 | Younglimwon Soft Lab | PairCorr |
| 0.55 | 033240 | Jahwa Electron | PairCorr |
| 0.46 | 302430 | Innometry | PairCorr |
| 0.43 | 065370 | WISE iTech | PairCorr |
| 0.43 | 215480 | Daewoo SBI SPAC | PairCorr |
The ability to find closely correlated positions to Dream Security could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dream Security 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 Dream Security - 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 Dream Security co to buy it.
The correlation of Dream Security 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 Dream Security moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dream Security co 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 Dream Security 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 Dream Stock
Dream Security financial ratios help investors to determine whether Dream 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 Dream with respect to the benefits of owning Dream Security security.