Moadata (Korea) Market Value
| 288980 Stock | 1,313 67.00 4.86% |
| Symbol | Moadata |
Moadata '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 Moadata'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 Moadata.
| 07/18/2023 |
| 12/09/2024 |
If you would invest 0.00 in Moadata on July 18, 2023 and sell it all today you would earn a total of 0.00 from holding Moadata Co or generate 0.0% return on investment in Moadata over 510 days. Moadata is related to or competes with Jb Financial, INtRON Biotechnology, Pureun Mutual, Hanjin Transportation, Lindeman Asia, InfoBank, and Korean Reinsurance. More
Moadata 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 Moadata'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 Moadata Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 17.6 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 5.2 |
Moadata Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Moadata's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Moadata's standard deviation. In reality, there are many statistical measures that can use Moadata historical prices to predict the future Moadata's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (0.26) |
Moadata Backtested Returns
Moadata has Sharpe Ratio of -0.0047, which conveys that the firm had a -0.0047% return per unit of risk over the last 3 months. Moadata exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Moadata's Standard Deviation of 3.16, mean deviation of 2.39, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Moadata's returns are expected to increase less than the market. However, during the bear market, the loss of holding Moadata is expected to be smaller as well. At this point, Moadata has a negative expected return of -0.0154%. Please make sure to verify Moadata's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Moadata performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Moadata Co has average predictability. Overlapping area represents the amount of predictability between Moadata time series from 18th of July 2023 to 29th of March 2024 and 29th of March 2024 to 9th of December 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 Moadata price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Moadata price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 193.8 K |
Moadata lagged returns against current returns
Autocorrelation, which is Moadata 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 Moadata's stock expected returns. We can calculate the autocorrelation of Moadata returns to help us make a trade decision. For example, suppose you find that Moadata 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 |
Moadata 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 Moadata stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Moadata stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Moadata stock over time.
Current vs Lagged Prices |
| Timeline |
Moadata Lagged Returns
When evaluating Moadata's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Moadata stock have on its future price. Moadata 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, Moadata autocorrelation shows the relationship between Moadata stock current value and its past values and can show if there is a momentum factor associated with investing in Moadata Co.
Regressed Prices |
| Timeline |
Pair Trading with Moadata
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 Moadata 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 Moadata will appreciate offsetting losses from the drop in the long position's value.Moving against Moadata Stock
The ability to find closely correlated positions to Moadata could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moadata 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 Moadata - 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 Moadata Co to buy it.
The correlation of Moadata 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 Moadata moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Moadata 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 Moadata 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 Moadata Stock
Moadata financial ratios help investors to determine whether Moadata 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 Moadata with respect to the benefits of owning Moadata security.