Daewoo SBI (Korea) Market Value
| 215480 Stock | KRW 2,590 15.00 0.58% |
| Symbol | Daewoo |
Daewoo SBI '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 Daewoo SBI'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 Daewoo SBI.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Daewoo SBI on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Daewoo SBI SPAC or generate 0.0% return on investment in Daewoo SBI over 30 days. Daewoo SBI is related to or competes with Nh Investment, Golden Bridge, E Investment, Korea Information, Eugene Investment, NH Investment, and Automobile. It focuses on merging with industries of renewable energy, bio pharmaceuticals and medical equipment, information techno... More
Daewoo SBI 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 Daewoo SBI'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 Daewoo SBI SPAC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.67 | |||
| Information Ratio | 0.037 | |||
| Maximum Drawdown | 23.58 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 5.06 |
Daewoo SBI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daewoo SBI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Daewoo SBI's standard deviation. In reality, there are many statistical measures that can use Daewoo SBI historical prices to predict the future Daewoo SBI's volatility.| Risk Adjusted Performance | 0.0384 | |||
| Jensen Alpha | 0.1283 | |||
| Total Risk Alpha | 0.1016 | |||
| Sortino Ratio | 0.0443 | |||
| Treynor Ratio | (0.12) |
Daewoo SBI SPAC Backtested Returns
Daewoo SBI appears to be very steady, given 3 months investment horizon. Daewoo SBI SPAC secures Sharpe Ratio (or Efficiency) of 0.0589, which denotes the company had a 0.0589 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Daewoo SBI SPAC, which you can use to evaluate the volatility of the firm. Please utilize Daewoo SBI's Downside Deviation of 2.67, semi deviation of 2.42, and Mean Deviation of 2.16 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Daewoo SBI holds a performance score of 4. The firm shows a Beta (market volatility) of -1.04, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Daewoo SBI are expected to decrease slowly. On the other hand, during market turmoil, Daewoo SBI is expected to outperform it slightly. Please check Daewoo SBI'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 Daewoo SBI's price patterns will revert.
Auto-correlation | -0.58 |
Good reverse predictability
Daewoo SBI SPAC has good reverse predictability. Overlapping area represents the amount of predictability between Daewoo SBI time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Daewoo SBI SPAC price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Daewoo SBI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 4006.25 |
Daewoo SBI SPAC lagged returns against current returns
Autocorrelation, which is Daewoo SBI 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 Daewoo SBI's stock expected returns. We can calculate the autocorrelation of Daewoo SBI returns to help us make a trade decision. For example, suppose you find that Daewoo SBI 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 |
Daewoo SBI 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 Daewoo SBI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Daewoo SBI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Daewoo SBI stock over time.
Current vs Lagged Prices |
| Timeline |
Daewoo SBI Lagged Returns
When evaluating Daewoo SBI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Daewoo SBI stock have on its future price. Daewoo SBI 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, Daewoo SBI autocorrelation shows the relationship between Daewoo SBI stock current value and its past values and can show if there is a momentum factor associated with investing in Daewoo SBI SPAC.
Regressed Prices |
| Timeline |
Pair Trading with Daewoo SBI
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 Daewoo SBI 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 Daewoo SBI will appreciate offsetting losses from the drop in the long position's value.Moving against Daewoo Stock
The ability to find closely correlated positions to Daewoo SBI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daewoo SBI 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 Daewoo SBI - 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 Daewoo SBI SPAC to buy it.
The correlation of Daewoo SBI 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 Daewoo SBI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daewoo SBI SPAC 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 Daewoo SBI 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 Daewoo Stock
Daewoo SBI financial ratios help investors to determine whether Daewoo 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 Daewoo with respect to the benefits of owning Daewoo SBI security.