Cuckoo Homesys (Korea) Market Value
| 284740 Stock | 21,400 200.00 0.93% |
| Symbol | Cuckoo |
Cuckoo Homesys '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 Cuckoo Homesys' 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 Cuckoo Homesys.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Cuckoo Homesys on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Cuckoo Homesys Co or generate 0.0% return on investment in Cuckoo Homesys over 90 days. Cuckoo Homesys is related to or competes with Sempio Foods, CJ Seafood, Iljin Display, CKH Food, Haitai Confectionery, Inzi Display, and Wing Yip. More
Cuckoo Homesys 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 Cuckoo Homesys' 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 Cuckoo Homesys Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.1534 | |||
| Maximum Drawdown | 8.09 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 2.88 |
Cuckoo Homesys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cuckoo Homesys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cuckoo Homesys' standard deviation. In reality, there are many statistical measures that can use Cuckoo Homesys historical prices to predict the future Cuckoo Homesys' volatility.| Risk Adjusted Performance | 0.0956 | |||
| Jensen Alpha | 0.1212 | |||
| Total Risk Alpha | 0.3273 | |||
| Sortino Ratio | 0.2017 | |||
| Treynor Ratio | (0.38) |
Cuckoo Homesys Backtested Returns
At this point, Cuckoo Homesys is very steady. Cuckoo Homesys secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Cuckoo Homesys Co, which you can use to evaluate the volatility of the firm. Please confirm Cuckoo Homesys' mean deviation of 1.22, and Risk Adjusted Performance of 0.0956 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Cuckoo Homesys has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cuckoo Homesys are expected to decrease at a much lower rate. During the bear market, Cuckoo Homesys is likely to outperform the market. Cuckoo Homesys right now shows a risk of 1.45%. Please confirm Cuckoo Homesys downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Cuckoo Homesys will be following its price patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Cuckoo Homesys Co has good reverse predictability. Overlapping area represents the amount of predictability between Cuckoo Homesys 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 Cuckoo Homesys price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Cuckoo Homesys price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 857.3 K |
Cuckoo Homesys lagged returns against current returns
Autocorrelation, which is Cuckoo Homesys 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 Cuckoo Homesys' stock expected returns. We can calculate the autocorrelation of Cuckoo Homesys returns to help us make a trade decision. For example, suppose you find that Cuckoo Homesys 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 |
Cuckoo Homesys 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 Cuckoo Homesys stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cuckoo Homesys stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cuckoo Homesys stock over time.
Current vs Lagged Prices |
| Timeline |
Cuckoo Homesys Lagged Returns
When evaluating Cuckoo Homesys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cuckoo Homesys stock have on its future price. Cuckoo Homesys 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, Cuckoo Homesys autocorrelation shows the relationship between Cuckoo Homesys stock current value and its past values and can show if there is a momentum factor associated with investing in Cuckoo Homesys Co.
Regressed Prices |
| Timeline |
Pair Trading with Cuckoo Homesys
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 Cuckoo Homesys 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 Cuckoo Homesys will appreciate offsetting losses from the drop in the long position's value.Moving against Cuckoo Stock
The ability to find closely correlated positions to Cuckoo Homesys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cuckoo Homesys 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 Cuckoo Homesys - 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 Cuckoo Homesys Co to buy it.
The correlation of Cuckoo Homesys 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 Cuckoo Homesys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cuckoo Homesys 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 Cuckoo Homesys 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 Cuckoo Stock
Cuckoo Homesys financial ratios help investors to determine whether Cuckoo 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 Cuckoo with respect to the benefits of owning Cuckoo Homesys security.