SAMG Entertainment (Korea) Market Value
| 419530 Stock | 28,850 2,050 6.63% |
| Symbol | SAMG |
Please note, there is a significant difference between SAMG Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if SAMG Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SAMG Entertainment'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.
SAMG Entertainment '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 SAMG Entertainment'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 SAMG Entertainment.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in SAMG Entertainment on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding SAMG Entertainment Co or generate 0.0% return on investment in SAMG Entertainment over 90 days. SAMG Entertainment is related to or competes with Korea Information, EBEST Investment, Ssangyong Information, SK Telecom, Kisan Telecom, NH Investment, and SBI Investment. More
SAMG Entertainment 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 SAMG Entertainment'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 SAMG Entertainment Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.2766 | |||
| Maximum Drawdown | 36.58 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 9.01 |
SAMG Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SAMG Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SAMG Entertainment's standard deviation. In reality, there are many statistical measures that can use SAMG Entertainment historical prices to predict the future SAMG Entertainment's volatility.| Risk Adjusted Performance | 0.2341 | |||
| Jensen Alpha | 1.53 | |||
| Total Risk Alpha | 2.17 | |||
| Sortino Ratio | 0.4987 | |||
| Treynor Ratio | 2.37 |
SAMG Entertainment Backtested Returns
SAMG Entertainment is very steady given 3 months investment horizon. SAMG Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the company had a 0.26 % return per unit of standard deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.47% are justified by taking the suggested risk. Use SAMG Entertainment Risk Adjusted Performance of 0.2341, market risk adjusted performance of 2.38, and Downside Deviation of 3.15 to evaluate company specific risk that cannot be diversified away. SAMG Entertainment holds a performance score of 20 on a scale of zero to a hundred. The firm has a beta of 0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SAMG Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding SAMG Entertainment is expected to be smaller as well. Use SAMG Entertainment coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on SAMG Entertainment.
Auto-correlation | 0.49 |
Average predictability
SAMG Entertainment Co has average predictability. Overlapping area represents the amount of predictability between SAMG Entertainment time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 SAMG Entertainment price movement. The serial correlation of 0.49 indicates that about 49.0% of current SAMG Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 22.8 M |
SAMG Entertainment lagged returns against current returns
Autocorrelation, which is SAMG Entertainment 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 SAMG Entertainment's stock expected returns. We can calculate the autocorrelation of SAMG Entertainment returns to help us make a trade decision. For example, suppose you find that SAMG Entertainment 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 |
SAMG Entertainment 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 SAMG Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SAMG Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SAMG Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
SAMG Entertainment Lagged Returns
When evaluating SAMG Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SAMG Entertainment stock have on its future price. SAMG Entertainment 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, SAMG Entertainment autocorrelation shows the relationship between SAMG Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in SAMG Entertainment Co.
Regressed Prices |
| Timeline |
Pair Trading with SAMG Entertainment
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 SAMG Entertainment 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 SAMG Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving against SAMG Stock
| 0.88 | 051915 | LG Chem | PairCorr |
| 0.82 | 105560 | KB Financial Group | PairCorr |
| 0.78 | 055550 | Shinhan Financial | PairCorr |
| 0.64 | 005380 | Hyundai Motor | PairCorr |
| 0.6 | 006400 | Samsung SDI | PairCorr |
The ability to find closely correlated positions to SAMG Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SAMG Entertainment 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 SAMG Entertainment - 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 SAMG Entertainment Co to buy it.
The correlation of SAMG Entertainment 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 SAMG Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SAMG Entertainment 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 SAMG Entertainment 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 SAMG Stock
SAMG Entertainment financial ratios help investors to determine whether SAMG 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 SAMG with respect to the benefits of owning SAMG Entertainment security.