Pearl Abyss (Korea) Market Value
| 263750 Stock | KRW 31,250 350.00 1.13% |
| Symbol | Pearl |
Pearl Abyss '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 Pearl Abyss' 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 Pearl Abyss.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Pearl Abyss on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Pearl Abyss Corp or generate 0.0% return on investment in Pearl Abyss over 90 days. Pearl Abyss is related to or competes with Com2uS, and Kakao Games. Pearl Abyss Corp. engages in software development for games More
Pearl Abyss 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 Pearl Abyss' 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 Pearl Abyss Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 18.4 | |||
| Value At Risk | (4.82) | |||
| Potential Upside | 3.2 |
Pearl Abyss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pearl Abyss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pearl Abyss' standard deviation. In reality, there are many statistical measures that can use Pearl Abyss historical prices to predict the future Pearl Abyss' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | 0.0797 | |||
| Treynor Ratio | (0.98) |
Pearl Abyss Corp Backtested Returns
At this point, Pearl Abyss is very steady. Pearl Abyss Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0948, which implies the firm had a 0.0948 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Pearl Abyss Corp, which you can use to evaluate the volatility of the company. Please check Pearl Abyss' Risk Adjusted Performance of (0.08), coefficient of variation of (1,046), and Variance of 9.13 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Pearl Abyss has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of 0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pearl Abyss' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pearl Abyss is expected to be smaller as well. Pearl Abyss Corp right now holds a risk of 2.05%. Please check Pearl Abyss Corp market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Pearl Abyss Corp will be following its historical price patterns.
Auto-correlation | 0.50 |
Modest predictability
Pearl Abyss Corp has modest predictability. Overlapping area represents the amount of predictability between Pearl Abyss 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 Pearl Abyss Corp price movement. The serial correlation of 0.5 indicates that about 50.0% of current Pearl Abyss price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 2.6 M |
Pearl Abyss Corp lagged returns against current returns
Autocorrelation, which is Pearl Abyss 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 Pearl Abyss' stock expected returns. We can calculate the autocorrelation of Pearl Abyss returns to help us make a trade decision. For example, suppose you find that Pearl Abyss 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 |
Pearl Abyss 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 Pearl Abyss stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pearl Abyss stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pearl Abyss stock over time.
Current vs Lagged Prices |
| Timeline |
Pearl Abyss Lagged Returns
When evaluating Pearl Abyss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pearl Abyss stock have on its future price. Pearl Abyss 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, Pearl Abyss autocorrelation shows the relationship between Pearl Abyss stock current value and its past values and can show if there is a momentum factor associated with investing in Pearl Abyss Corp.
Regressed Prices |
| Timeline |
Other Information on Investing in Pearl Stock
Pearl Abyss financial ratios help investors to determine whether Pearl 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 Pearl with respect to the benefits of owning Pearl Abyss security.