VAIV (Korea) Market Value
| 301300 Stock | KRW 4,655 25.00 0.53% |
| Symbol | VAIV |
VAIV '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 VAIV'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 VAIV.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in VAIV on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding VAIV Co or generate 0.0% return on investment in VAIV over 90 days. VAIV is related to or competes with EBEST Investment, Korean Reinsurance, Dongbang Transport, Eugene Investment, Sangsangin Investment, NH Investment, and Hanjin Transportation. Daumsoft Inc. produces and sells search engine and text mining software More
VAIV 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 VAIV'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 VAIV Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.54 | |||
| Information Ratio | 0.0834 | |||
| Maximum Drawdown | 38.3 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 12.46 |
VAIV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VAIV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VAIV's standard deviation. In reality, there are many statistical measures that can use VAIV historical prices to predict the future VAIV's volatility.| Risk Adjusted Performance | 0.0697 | |||
| Jensen Alpha | 0.4302 | |||
| Total Risk Alpha | 1.01 | |||
| Sortino Ratio | 0.1387 | |||
| Treynor Ratio | 1.19 |
VAIV Backtested Returns
VAIV appears to be very steady, given 3 months investment horizon. VAIV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0735, which indicates the company had a 0.0735 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for VAIV Co, which you can use to evaluate the volatility of the entity. Please review VAIV's Risk Adjusted Performance of 0.0697, market risk adjusted performance of 1.2, and Downside Deviation of 3.54 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VAIV holds a performance score of 5. The firm has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VAIV's returns are expected to increase less than the market. However, during the bear market, the loss of holding VAIV is expected to be smaller as well. Please check VAIV's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether VAIV's existing price patterns will revert.
Auto-correlation | -0.46 |
Modest reverse predictability
VAIV Co has modest reverse predictability. Overlapping area represents the amount of predictability between VAIV 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 VAIV price movement. The serial correlation of -0.46 indicates that about 46.0% of current VAIV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 469.6 K |
VAIV lagged returns against current returns
Autocorrelation, which is VAIV 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 VAIV's stock expected returns. We can calculate the autocorrelation of VAIV returns to help us make a trade decision. For example, suppose you find that VAIV 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 |
VAIV 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 VAIV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VAIV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VAIV stock over time.
Current vs Lagged Prices |
| Timeline |
VAIV Lagged Returns
When evaluating VAIV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VAIV stock have on its future price. VAIV 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, VAIV autocorrelation shows the relationship between VAIV stock current value and its past values and can show if there is a momentum factor associated with investing in VAIV Co.
Regressed Prices |
| Timeline |
Pair Trading with VAIV
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 VAIV 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 VAIV will appreciate offsetting losses from the drop in the long position's value.Moving together with VAIV Stock
Moving against VAIV Stock
| 0.72 | 051910 | LG Chemicals | PairCorr |
| 0.69 | 066570 | LG Electronics | PairCorr |
| 0.6 | 005380 | Hyundai Motor | PairCorr |
| 0.46 | 000270 | Kia Corp | PairCorr |
The ability to find closely correlated positions to VAIV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VAIV 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 VAIV - 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 VAIV Co to buy it.
The correlation of VAIV 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 VAIV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VAIV 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 VAIV 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 VAIV Stock
VAIV financial ratios help investors to determine whether VAIV 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 VAIV with respect to the benefits of owning VAIV security.