Lake Materials (Korea) Market Value
| 281740 Stock | 16,050 220.00 1.39% |
| Symbol | Lake |
Please note, there is a significant difference between Lake Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lake Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lake Materials' 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.
Lake Materials '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 Lake Materials' 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 Lake Materials.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Lake Materials on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Lake Materials Co or generate 0.0% return on investment in Lake Materials over 90 days. Lake Materials is related to or competes with Mobileleader CoLtd, Lotte Data, Sejong Telecom, Aprogen Healthcare, Playgram, Nice Information, and LG Household. More
Lake Materials 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 Lake Materials' 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 Lake Materials Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.12 | |||
| Information Ratio | 0.1459 | |||
| Maximum Drawdown | 33.47 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 7.61 |
Lake Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lake Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lake Materials' standard deviation. In reality, there are many statistical measures that can use Lake Materials historical prices to predict the future Lake Materials' volatility.| Risk Adjusted Performance | 0.1224 | |||
| Jensen Alpha | 0.7608 | |||
| Total Risk Alpha | 1.18 | |||
| Sortino Ratio | 0.1804 | |||
| Treynor Ratio | 0.5441 |
Lake Materials Backtested Returns
Lake Materials appears to be very steady, given 3 months investment horizon. Lake Materials has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15 % return per unit of risk over the last 3 months. By analyzing Lake Materials' technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please exercise Lake Materials' Downside Deviation of 4.12, mean deviation of 3.49, and Risk Adjusted Performance of 0.1224 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lake Materials holds a performance score of 12. The company secures a Beta (Market Risk) of 1.2, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lake Materials will likely underperform. Please check Lake Materials' mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Lake Materials' current price movements will revert.
Auto-correlation | 0.70 |
Good predictability
Lake Materials Co has good predictability. Overlapping area represents the amount of predictability between Lake Materials time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Lake Materials price movement. The serial correlation of 0.7 indicates that around 70.0% of current Lake Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 8.7 M |
Lake Materials lagged returns against current returns
Autocorrelation, which is Lake Materials 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 Lake Materials' stock expected returns. We can calculate the autocorrelation of Lake Materials returns to help us make a trade decision. For example, suppose you find that Lake Materials 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 |
Lake Materials 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 Lake Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lake Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lake Materials stock over time.
Current vs Lagged Prices |
| Timeline |
Lake Materials Lagged Returns
When evaluating Lake Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lake Materials stock have on its future price. Lake Materials 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, Lake Materials autocorrelation shows the relationship between Lake Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Lake Materials Co.
Regressed Prices |
| Timeline |
Pair Trading with Lake Materials
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 Lake Materials 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 Lake Materials will appreciate offsetting losses from the drop in the long position's value.Moving together with Lake Stock
Moving against Lake Stock
The ability to find closely correlated positions to Lake Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lake Materials 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 Lake Materials - 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 Lake Materials Co to buy it.
The correlation of Lake Materials 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 Lake Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lake Materials 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 Lake Materials 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 Lake Stock
Lake Materials financial ratios help investors to determine whether Lake 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 Lake with respect to the benefits of owning Lake Materials security.