Kakao Games (Korea) Market Value
| 293490 Stock | KRW 16,680 300.00 1.83% |
| Symbol | Kakao |
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.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Kakao Games on January 28, 2025 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 30 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.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.038 | |||
| Maximum Drawdown | 25.94 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 3.53 |
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.| Risk Adjusted Performance | 0.0365 | |||
| Jensen Alpha | 0.1099 | |||
| Total Risk Alpha | 0.1485 | |||
| Sortino Ratio | 0.04 | |||
| Treynor Ratio | (0.08) |
Kakao Games Corp Backtested Returns
Kakao Games Corp has Sharpe Ratio of -0.026, which conveys that the firm had a -0.026 % return per unit of risk over the last 3 months. Kakao Games exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kakao Games' Downside Deviation of 3.15, mean deviation of 2.05, and Risk Adjusted Performance of 0.0365 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.45, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Kakao Games are expected to decrease by larger amounts. On the other hand, during market turmoil, Kakao Games is expected to outperform it. At this point, Kakao Games Corp has a negative expected return of -0.0907%. Please make sure to verify Kakao Games' downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Kakao Games Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.46 |
Modest reverse predictability
Kakao Games Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Kakao Games time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 -0.46 indicates that about 46.0% of current Kakao Games price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 42.9 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.