Kakao Games (Korea) Market Value

293490 Stock  KRW 15,600  290.00  1.83%   
Kakao Games' market value is the price at which a share of Kakao Games trades on a public exchange. It measures the collective expectations of Kakao Games Corp investors about its performance. Kakao Games is trading at 15600.00 as of the 17th of March 2025, a 1.83% down since the beginning of the trading day. The stock's open price was 15890.0.
With this module, you can estimate the performance of a buy and hold strategy of Kakao Games Corp and determine expected loss or profit from investing in Kakao Games over a given investment horizon. Check out Kakao Games Correlation, Kakao Games Volatility and Kakao Games Alpha and Beta module to complement your research on Kakao Games.
Symbol

Please note, there is a significant difference between Kakao Games' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kakao Games is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kakao Games' 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.

Kakao Games '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 Kakao Games' 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 Kakao Games.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Kakao Games on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Kakao Games Corp or generate 0.0% return on investment in Kakao Games over 90 days. Kakao Games Corporation operates a mobile and PC online game service platform for gamers worldwide More

Kakao Games 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 Kakao Games' 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 Kakao Games Corp upside and downside potential and time the market with a certain degree of confidence.

Kakao Games Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kakao Games' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kakao Games' standard deviation. In reality, there are many statistical measures that can use Kakao Games historical prices to predict the future Kakao Games' volatility.
Hype
Prediction
LowEstimatedHigh
15,59815,60015,602
Details
Intrinsic
Valuation
LowRealHigh
14,14814,15017,160
Details
Naive
Forecast
LowNextHigh
15,75515,75715,759
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15,00615,80516,604
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kakao Games. Your research has to be compared to or analyzed against Kakao Games' peers to derive any actionable benefits. When done correctly, Kakao Games' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kakao Games Corp.

Kakao Games Corp Backtested Returns

Kakao Games Corp has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17 % return per unit of risk over the last 3 months. Kakao Games exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kakao Games' Standard Deviation of 3.28, risk adjusted performance of (0.05), and Mean Deviation of 2.04 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kakao Games are expected to decrease at a much lower rate. During the bear market, Kakao Games is likely to outperform the market. At this point, Kakao Games Corp has a negative expected return of -0.32%. Please make sure to verify Kakao Games' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Kakao Games Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.30  

Below average predictability

Kakao Games Corp has below average predictability. Overlapping area represents the amount of predictability between Kakao Games 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 Kakao Games Corp price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Kakao Games price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test0.22
Residual Average0.0
Price Variance141.7 K

Kakao Games Corp lagged returns against current returns

Autocorrelation, which is Kakao Games 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 Kakao Games' stock expected returns. We can calculate the autocorrelation of Kakao Games returns to help us make a trade decision. For example, suppose you find that Kakao Games 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  

Kakao Games 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 Kakao Games stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kakao Games stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kakao Games stock over time.
   Current vs Lagged Prices   
       Timeline  

Kakao Games Lagged Returns

When evaluating Kakao Games' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kakao Games stock have on its future price. Kakao Games 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, Kakao Games autocorrelation shows the relationship between Kakao Games stock current value and its past values and can show if there is a momentum factor associated with investing in Kakao Games Corp.
   Regressed Prices   
       Timeline  

Other Information on Investing in Kakao Stock

Kakao Games financial ratios help investors to determine whether Kakao 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 Kakao with respect to the benefits of owning Kakao Games security.