Lotte Data (Korea) Market Value
| 286940 Stock | 19,530 90.00 0.46% |
| Symbol | Lotte |
Lotte Data '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 Lotte Data's 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 Lotte Data.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Lotte Data on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Lotte Data Communication or generate 0.0% return on investment in Lotte Data over 90 days. Lotte Data is related to or competes with Daejung Chemicals, Silicon2, Hyundai Industrial, Hanwha Chemical, TK Chemical, Tae Kyung, and Sung Bo. More
Lotte Data 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 Lotte Data's 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 Lotte Data Communication upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | 0.0698 | |||
| Maximum Drawdown | 8.85 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 3.83 |
Lotte Data Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lotte Data's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lotte Data's standard deviation. In reality, there are many statistical measures that can use Lotte Data historical prices to predict the future Lotte Data's volatility.| Risk Adjusted Performance | 0.0337 | |||
| Jensen Alpha | 0.1 | |||
| Total Risk Alpha | 0.2772 | |||
| Sortino Ratio | 0.0685 | |||
| Treynor Ratio | 0.1218 |
Lotte Data Communication Backtested Returns
At this point, Lotte Data is very steady. Lotte Data Communication has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Lotte Data, which you can use to evaluate the volatility of the firm. Please verify Lotte Data's Risk Adjusted Performance of 0.0337, downside deviation of 2.16, and Mean Deviation of 1.58 to check out if the risk estimate we provide is consistent with the expected return of 0.0075%. The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lotte Data's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lotte Data is expected to be smaller as well. Lotte Data Communication right now secures a risk of 1.89%. Please verify Lotte Data Communication total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Lotte Data Communication will be following its current price movements.
Auto-correlation | 0.63 |
Good predictability
Lotte Data Communication has good predictability. Overlapping area represents the amount of predictability between Lotte Data 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 Lotte Data Communication price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Lotte Data price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 227.9 K |
Lotte Data Communication lagged returns against current returns
Autocorrelation, which is Lotte Data 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 Lotte Data's stock expected returns. We can calculate the autocorrelation of Lotte Data returns to help us make a trade decision. For example, suppose you find that Lotte Data 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 |
Lotte Data 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 Lotte Data stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lotte Data stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lotte Data stock over time.
Current vs Lagged Prices |
| Timeline |
Lotte Data Lagged Returns
When evaluating Lotte Data's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lotte Data stock have on its future price. Lotte Data 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, Lotte Data autocorrelation shows the relationship between Lotte Data stock current value and its past values and can show if there is a momentum factor associated with investing in Lotte Data Communication.
Regressed Prices |
| Timeline |
Pair Trading with Lotte Data
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 Lotte Data 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 Lotte Data will appreciate offsetting losses from the drop in the long position's value.Moving together with Lotte Stock
The ability to find closely correlated positions to Lotte Data could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lotte Data 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 Lotte Data - 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 Lotte Data Communication to buy it.
The correlation of Lotte Data 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 Lotte Data moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lotte Data Communication 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 Lotte Data 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 Lotte Stock
Lotte Data financial ratios help investors to determine whether Lotte 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 Lotte with respect to the benefits of owning Lotte Data security.