Company K (Korea) Market Value
| 307930 Stock | KRW 4,830 230.00 4.55% |
| Symbol | Company |
Company K '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 Company K'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 Company K.
| 06/24/2024 |
| 12/21/2024 |
If you would invest 0.00 in Company K on June 24, 2024 and sell it all today you would earn a total of 0.00 from holding Company K Partners or generate 0.0% return on investment in Company K over 180 days. Company K is related to or competes with Nh Investment, Hanwha InvestmentSecuri, FnGuide, DSC Investment, Samsung Special, and YeSUN Tech. Company K Partners Limited is a venture capital firm specializing in start-ups and companies at early-stage operating in... More
Company K 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 Company K'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 Company K Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.47 | |||
| Information Ratio | 0.0137 | |||
| Maximum Drawdown | 38.78 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 5.1 |
Company K Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Company K's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Company K's standard deviation. In reality, there are many statistical measures that can use Company K historical prices to predict the future Company K's volatility.| Risk Adjusted Performance | 0.0244 | |||
| Jensen Alpha | 0.0928 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0196 | |||
| Treynor Ratio | (0.70) |
Company K Partners Backtested Returns
Company K Partners secures Sharpe Ratio (or Efficiency) of -0.009, which signifies that the company had a -0.009% return per unit of risk over the last 3 months. Company K Partners exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Company K's Risk Adjusted Performance of 0.0244, downside deviation of 3.47, and Mean Deviation of 2.51 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Company K are expected to decrease at a much lower rate. During the bear market, Company K is likely to outperform the market. At this point, Company K Partners has a negative expected return of -0.0427%. Please make sure to confirm Company K's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Company K Partners performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Company K Partners has average predictability. Overlapping area represents the amount of predictability between Company K time series from 24th of June 2024 to 22nd of September 2024 and 22nd of September 2024 to 21st 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 Company K Partners price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Company K price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 114.4 K |
Company K Partners lagged returns against current returns
Autocorrelation, which is Company K 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 Company K's stock expected returns. We can calculate the autocorrelation of Company K returns to help us make a trade decision. For example, suppose you find that Company K 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 |
Company K 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 Company K stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Company K stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Company K stock over time.
Current vs Lagged Prices |
| Timeline |
Company K Lagged Returns
When evaluating Company K's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Company K stock have on its future price. Company K 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, Company K autocorrelation shows the relationship between Company K stock current value and its past values and can show if there is a momentum factor associated with investing in Company K Partners.
Regressed Prices |
| Timeline |
Pair Trading with Company K
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 Company K 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 Company K will appreciate offsetting losses from the drop in the long position's value.Moving against Company Stock
The ability to find closely correlated positions to Company K could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Company K 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 Company K - 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 Company K Partners to buy it.
The correlation of Company K 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 Company K moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Company K Partners 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 Company K 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 Company Stock
Company K financial ratios help investors to determine whether Company 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 Company with respect to the benefits of owning Company K security.