Wonik Ips (Korea) Market Value

240810 Stock  KRW 26,000  700.00  2.77%   
Wonik Ips' market value is the price at which a share of Wonik Ips trades on a public exchange. It measures the collective expectations of Wonik Ips Co investors about its performance. Wonik Ips is trading at 26000.00 as of the 17th of March 2025, a 2.77 percent increase since the beginning of the trading day. The stock's open price was 25300.0.
With this module, you can estimate the performance of a buy and hold strategy of Wonik Ips Co and determine expected loss or profit from investing in Wonik Ips over a given investment horizon. Check out Wonik Ips Correlation, Wonik Ips Volatility and Wonik Ips Alpha and Beta module to complement your research on Wonik Ips.
Symbol

Please note, there is a significant difference between Wonik Ips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wonik Ips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wonik Ips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Wonik Ips '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 Wonik Ips' 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 Wonik Ips.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Wonik Ips on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Wonik Ips Co or generate 0.0% return on investment in Wonik Ips over 90 days. Wonik Ips is related to or competes with TES. Wonik IPS Co., Ltd primarily researches and develops, manufactures, and sells semiconductor, display, and solar cell sys... More

Wonik Ips 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 Wonik Ips' 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 Wonik Ips Co upside and downside potential and time the market with a certain degree of confidence.

Wonik Ips Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wonik Ips' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wonik Ips' standard deviation. In reality, there are many statistical measures that can use Wonik Ips historical prices to predict the future Wonik Ips' volatility.
Hype
Prediction
LowEstimatedHigh
25,99726,00026,003
Details
Intrinsic
Valuation
LowRealHigh
23,13723,14028,600
Details
Naive
Forecast
LowNextHigh
26,15926,16226,165
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23,70125,48227,263
Details

Wonik Ips Backtested Returns

Wonik Ips appears to be very steady, given 3 months investment horizon. Wonik Ips shows Sharpe Ratio of 0.11, which attests that the company had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Wonik Ips, which you can use to evaluate the volatility of the company. Please utilize Wonik Ips' Downside Deviation of 2.73, market risk adjusted performance of 0.7221, and Mean Deviation of 2.21 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wonik Ips holds a performance score of 8. The firm maintains a market beta of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wonik Ips' returns are expected to increase less than the market. However, during the bear market, the loss of holding Wonik Ips is expected to be smaller as well. Please check Wonik Ips' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Wonik Ips' historical returns will revert.

Auto-correlation

    
  0.42  

Average predictability

Wonik Ips Co has average predictability. Overlapping area represents the amount of predictability between Wonik Ips time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Wonik Ips price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Wonik Ips price fluctuation can be explain by its past prices.
Correlation Coefficient0.42
Spearman Rank Test0.29
Residual Average0.0
Price Variance3.5 M

Wonik Ips lagged returns against current returns

Autocorrelation, which is Wonik Ips 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 Wonik Ips' stock expected returns. We can calculate the autocorrelation of Wonik Ips returns to help us make a trade decision. For example, suppose you find that Wonik Ips 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  

Wonik Ips 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 Wonik Ips stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wonik Ips stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wonik Ips stock over time.
   Current vs Lagged Prices   
       Timeline  

Wonik Ips Lagged Returns

When evaluating Wonik Ips' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wonik Ips stock have on its future price. Wonik Ips 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, Wonik Ips autocorrelation shows the relationship between Wonik Ips stock current value and its past values and can show if there is a momentum factor associated with investing in Wonik Ips Co.
   Regressed Prices   
       Timeline  

Other Information on Investing in Wonik Stock

Wonik Ips financial ratios help investors to determine whether Wonik 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 Wonik with respect to the benefits of owning Wonik Ips security.