Sempio Foods (Korea) Market Value
| 248170 Stock | 26,250 50.00 0.19% |
| Symbol | Sempio |
Sempio Foods '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 Sempio Foods' 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 Sempio Foods.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Sempio Foods on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Sempio Foods Co or generate 0.0% return on investment in Sempio Foods over 30 days. Sempio Foods is related to or competes with Taeyang Metal, Amogreentech, CU Tech, Vitzro Tech, and Dongbang Transport. More
Sempio Foods 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 Sempio Foods' 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 Sempio Foods Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.16 |
Sempio Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sempio Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sempio Foods' standard deviation. In reality, there are many statistical measures that can use Sempio Foods historical prices to predict the future Sempio Foods' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 1.69 |
Sempio Foods Backtested Returns
Sempio Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0733, which indicates the firm had a -0.0733% return per unit of risk over the last 3 months. Sempio Foods Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sempio Foods' Variance of 2.44, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,048) to confirm the risk estimate we provide. The entity has a beta of -0.0944, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sempio Foods are expected to decrease at a much lower rate. During the bear market, Sempio Foods is likely to outperform the market. At this point, Sempio Foods has a negative expected return of -0.12%. Please make sure to validate Sempio Foods' jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Sempio Foods performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Sempio Foods Co has poor reverse predictability. Overlapping area represents the amount of predictability between Sempio Foods time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Sempio Foods price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Sempio Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 117.9 K |
Sempio Foods lagged returns against current returns
Autocorrelation, which is Sempio Foods 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 Sempio Foods' stock expected returns. We can calculate the autocorrelation of Sempio Foods returns to help us make a trade decision. For example, suppose you find that Sempio Foods 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 |
Sempio Foods 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 Sempio Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sempio Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sempio Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Sempio Foods Lagged Returns
When evaluating Sempio Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sempio Foods stock have on its future price. Sempio Foods 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, Sempio Foods autocorrelation shows the relationship between Sempio Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Sempio Foods Co.
Regressed Prices |
| Timeline |
Pair Trading with Sempio Foods
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 Sempio Foods 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 Sempio Foods will appreciate offsetting losses from the drop in the long position's value.Moving together with Sempio Stock
Moving against Sempio Stock
The ability to find closely correlated positions to Sempio Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sempio Foods 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 Sempio Foods - 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 Sempio Foods Co to buy it.
The correlation of Sempio Foods 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 Sempio Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sempio Foods 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 Sempio Foods 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 Sempio Stock
Sempio Foods financial ratios help investors to determine whether Sempio 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 Sempio with respect to the benefits of owning Sempio Foods security.