Wysiwyg Studios (Korea) Market Value
| 299900 Stock | 1,252 14.00 1.11% |
| Symbol | Wysiwyg |
Wysiwyg Studios '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 Wysiwyg Studios' 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 Wysiwyg Studios.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Wysiwyg Studios on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Wysiwyg Studios Co or generate 0.0% return on investment in Wysiwyg Studios over 90 days. Wysiwyg Studios is related to or competes with PJ Electronics, UJU Electronics, Shinil Electronics, Anam Electronics, Vitzro Tech, Hannong Chemicals, and SK Chemicals. More
Wysiwyg Studios 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 Wysiwyg Studios' 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 Wysiwyg Studios Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 55.07 | |||
| Value At Risk | (9.22) | |||
| Potential Upside | 6.04 |
Wysiwyg Studios Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wysiwyg Studios' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wysiwyg Studios' standard deviation. In reality, there are many statistical measures that can use Wysiwyg Studios historical prices to predict the future Wysiwyg Studios' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | 0.7895 | |||
| Treynor Ratio | 3.91 |
Wysiwyg Studios Backtested Returns
Wysiwyg Studios shows Sharpe Ratio of -0.0842, which attests that the company had a -0.0842 % return per unit of risk over the last 3 months. Wysiwyg Studios exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wysiwyg Studios' Market Risk Adjusted Performance of 3.92, mean deviation of 3.67, and Standard Deviation of 6.59 to validate the risk estimate we provide. The firm maintains a market beta of -0.0653, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wysiwyg Studios are expected to decrease at a much lower rate. During the bear market, Wysiwyg Studios is likely to outperform the market. At this point, Wysiwyg Studios has a negative expected return of -0.44%. Please make sure to check out Wysiwyg Studios' treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Wysiwyg Studios performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Wysiwyg Studios Co has poor predictability. Overlapping area represents the amount of predictability between Wysiwyg Studios time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Wysiwyg Studios price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Wysiwyg Studios price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 3216.87 |
Wysiwyg Studios lagged returns against current returns
Autocorrelation, which is Wysiwyg Studios 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 Wysiwyg Studios' stock expected returns. We can calculate the autocorrelation of Wysiwyg Studios returns to help us make a trade decision. For example, suppose you find that Wysiwyg Studios 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 |
Wysiwyg Studios 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 Wysiwyg Studios stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wysiwyg Studios stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wysiwyg Studios stock over time.
Current vs Lagged Prices |
| Timeline |
Wysiwyg Studios Lagged Returns
When evaluating Wysiwyg Studios' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wysiwyg Studios stock have on its future price. Wysiwyg Studios 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, Wysiwyg Studios autocorrelation shows the relationship between Wysiwyg Studios stock current value and its past values and can show if there is a momentum factor associated with investing in Wysiwyg Studios Co.
Regressed Prices |
| Timeline |
Pair Trading with Wysiwyg Studios
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 Wysiwyg Studios 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 Wysiwyg Studios will appreciate offsetting losses from the drop in the long position's value.Moving together with Wysiwyg Stock
Moving against Wysiwyg Stock
| 0.63 | 352820 | HYBE | PairCorr |
| 0.59 | 000660 | SK Hynix | PairCorr |
| 0.51 | 058470 | LEENO Industrial Earnings Call This Week | PairCorr |
| 0.43 | 310200 | Aniplus | PairCorr |
| 0.38 | 317530 | Carriesoft | PairCorr |
The ability to find closely correlated positions to Wysiwyg Studios could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wysiwyg Studios 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 Wysiwyg Studios - 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 Wysiwyg Studios Co to buy it.
The correlation of Wysiwyg Studios 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 Wysiwyg Studios moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wysiwyg Studios 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 Wysiwyg Studios 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 Wysiwyg Stock
Wysiwyg Studios financial ratios help investors to determine whether Wysiwyg 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 Wysiwyg with respect to the benefits of owning Wysiwyg Studios security.