Aniplus (Korea) Market Value
| 310200 Stock | KRW 3,060 30.00 0.99% |
| Symbol | Aniplus |
Aniplus '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 Aniplus' 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 Aniplus.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Aniplus on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Aniplus or generate 0.0% return on investment in Aniplus over 90 days. Aniplus is related to or competes with SS TECH, CU Tech, Hana Financial, Settlebank, DB Financial, Visang Education, and Samsung Life. ANIPLUS INC. provides animation content broadcasting services More
Aniplus 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 Aniplus' 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 Aniplus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | 0.1575 | |||
| Maximum Drawdown | 14.56 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.79 |
Aniplus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aniplus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aniplus' standard deviation. In reality, there are many statistical measures that can use Aniplus historical prices to predict the future Aniplus' volatility.| Risk Adjusted Performance | 0.0975 | |||
| Jensen Alpha | 0.2691 | |||
| Total Risk Alpha | 0.6237 | |||
| Sortino Ratio | 0.1699 | |||
| Treynor Ratio | 2.24 |
Aniplus Backtested Returns
Aniplus appears to be very steady, given 3 months investment horizon. Aniplus secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aniplus, which you can use to evaluate the volatility of the firm. Please makes use of Aniplus' Downside Deviation of 2.24, mean deviation of 1.74, and Risk Adjusted Performance of 0.0975 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aniplus holds a performance score of 8. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aniplus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aniplus is expected to be smaller as well. Please check Aniplus' 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 Aniplus' price patterns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
Aniplus has very weak reverse predictability. Overlapping area represents the amount of predictability between Aniplus time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Aniplus price movement. The serial correlation of -0.01 indicates that just 1.0% of current Aniplus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 18.4 K |
Aniplus lagged returns against current returns
Autocorrelation, which is Aniplus 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 Aniplus' stock expected returns. We can calculate the autocorrelation of Aniplus returns to help us make a trade decision. For example, suppose you find that Aniplus 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 |
Aniplus 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 Aniplus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aniplus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aniplus stock over time.
Current vs Lagged Prices |
| Timeline |
Aniplus Lagged Returns
When evaluating Aniplus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aniplus stock have on its future price. Aniplus 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, Aniplus autocorrelation shows the relationship between Aniplus stock current value and its past values and can show if there is a momentum factor associated with investing in Aniplus.
Regressed Prices |
| Timeline |
Pair Trading with Aniplus
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 Aniplus 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 Aniplus will appreciate offsetting losses from the drop in the long position's value.Moving together with Aniplus Stock
Moving against Aniplus Stock
| 0.69 | 066570 | LG Electronics | PairCorr |
| 0.65 | 055550 | Shinhan Financial | PairCorr |
| 0.61 | 066430 | Y Optics Manufacture | PairCorr |
| 0.56 | 005380 | Hyundai Motor | PairCorr |
| 0.49 | 348030 | Mobirix | PairCorr |
The ability to find closely correlated positions to Aniplus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aniplus 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 Aniplus - 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 Aniplus to buy it.
The correlation of Aniplus 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 Aniplus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aniplus 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 Aniplus 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 Aniplus Stock
Aniplus financial ratios help investors to determine whether Aniplus 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 Aniplus with respect to the benefits of owning Aniplus security.