Wonik Ips (Korea) Market Value
| 240810 Stock | KRW 26,000 700.00 2.77% |
| Symbol | Wonik |
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.
| 12/17/2024 |
| 03/17/2025 |
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.
| Downside Deviation | 2.73 | |||
| Information Ratio | 0.1269 | |||
| Maximum Drawdown | 13.34 | |||
| Value At Risk | (4.48) | |||
| Potential Upside | 4.79 |
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.| Risk Adjusted Performance | 0.0868 | |||
| Jensen Alpha | 0.2862 | |||
| Total Risk Alpha | 0.6008 | |||
| Sortino Ratio | 0.1309 | |||
| Treynor Ratio | 0.7121 |
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 Coefficient | 0.42 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 3.5 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.