Wireless Power (Korea) Market Value

332570 Stock   3,890  70.00  1.77%   
Wireless Power's market value is the price at which a share of Wireless Power trades on a public exchange. It measures the collective expectations of Wireless Power Amplifier investors about its performance. Wireless Power is trading at 3890.00 as of the 18th of March 2025, a 1.77% down since the beginning of the trading day. The stock's open price was 3960.0.
With this module, you can estimate the performance of a buy and hold strategy of Wireless Power Amplifier and determine expected loss or profit from investing in Wireless Power over a given investment horizon. Check out Wireless Power Correlation, Wireless Power Volatility and Wireless Power Alpha and Beta module to complement your research on Wireless Power.
Symbol

Please note, there is a significant difference between Wireless Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wireless Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wireless Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Wireless Power '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 Wireless Power'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 Wireless Power.
0.00
12/18/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/18/2025
0.00
If you would invest  0.00  in Wireless Power on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Wireless Power Amplifier or generate 0.0% return on investment in Wireless Power over 90 days. Wireless Power is related to or competes with Polaris Office, Green Cross, Hankukpackage, Woori Technology, LG Household, Haitai Confectionery, and Lindeman Asia. More

Wireless Power 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 Wireless Power'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 Wireless Power Amplifier upside and downside potential and time the market with a certain degree of confidence.

Wireless Power Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wireless Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wireless Power's standard deviation. In reality, there are many statistical measures that can use Wireless Power historical prices to predict the future Wireless Power's volatility.
Hype
Prediction
LowEstimatedHigh
3,8843,8903,896
Details
Intrinsic
Valuation
LowRealHigh
3,4493,4554,279
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wireless Power. Your research has to be compared to or analyzed against Wireless Power's peers to derive any actionable benefits. When done correctly, Wireless Power's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wireless Power Amplifier.

Wireless Power Amplifier Backtested Returns

Wireless Power appears to be very steady, given 3 months investment horizon. Wireless Power Amplifier shows Sharpe Ratio of 0.16, which attests that the company had a 0.16 % return per unit of risk over the last 3 months. By examining Wireless Power's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please utilize Wireless Power's Downside Deviation of 4.4, mean deviation of 3.79, and Market Risk Adjusted Performance of 2.26 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wireless Power holds a performance score of 12. The firm maintains a market beta of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wireless Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wireless Power is expected to be smaller as well. Please check Wireless Power's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Wireless Power's historical returns will revert.

Auto-correlation

    
  -0.76  

Almost perfect reverse predictability

Wireless Power Amplifier has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Wireless Power time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Wireless Power Amplifier price movement. The serial correlation of -0.76 indicates that around 76.0% of current Wireless Power price fluctuation can be explain by its past prices.
Correlation Coefficient-0.76
Spearman Rank Test-0.74
Residual Average0.0
Price Variance119.6 K

Wireless Power Amplifier lagged returns against current returns

Autocorrelation, which is Wireless Power 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 Wireless Power's stock expected returns. We can calculate the autocorrelation of Wireless Power returns to help us make a trade decision. For example, suppose you find that Wireless Power 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  

Wireless Power 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 Wireless Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wireless Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wireless Power stock over time.
   Current vs Lagged Prices   
       Timeline  

Wireless Power Lagged Returns

When evaluating Wireless Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wireless Power stock have on its future price. Wireless Power 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, Wireless Power autocorrelation shows the relationship between Wireless Power stock current value and its past values and can show if there is a momentum factor associated with investing in Wireless Power Amplifier.
   Regressed Prices   
       Timeline  

Pair Trading with Wireless Power

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 Wireless Power 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 Wireless Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wireless Stock

  0.75078600 Daejoo ElectronicPairCorr
  0.62091700 PartronPairCorr

Moving against Wireless Stock

  0.69090460 BH CoPairCorr
  0.69126340 Vina Technology SplitPairCorr
  0.63012700 LEADCORPPairCorr
  0.6179900 UTI IncPairCorr
  0.6101390 IM CoLtdPairCorr
The ability to find closely correlated positions to Wireless Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wireless Power 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 Wireless Power - 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 Wireless Power Amplifier to buy it.
The correlation of Wireless Power 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 Wireless Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wireless Power Amplifier 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 Wireless Power 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Wireless Stock

Wireless Power financial ratios help investors to determine whether Wireless 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 Wireless with respect to the benefits of owning Wireless Power security.