Shinhan Inverse (Korea) Market Value
| 500007 Stock | 3,210 100.00 3.02% |
| Symbol | Shinhan |
Shinhan Inverse '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 Shinhan Inverse'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 Shinhan Inverse.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Shinhan Inverse on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Shinhan Inverse Silver or generate 0.0% return on investment in Shinhan Inverse over 90 days. Shinhan Inverse is related to or competes with Formetal, Dongil Metal, DB Insurance, Lotte Non, Vivozon Healthcare, LG Household, and Sejong Industrial. More
Shinhan Inverse 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 Shinhan Inverse'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 Shinhan Inverse Silver upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.46 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 3.27 |
Shinhan Inverse Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shinhan Inverse's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shinhan Inverse's standard deviation. In reality, there are many statistical measures that can use Shinhan Inverse historical prices to predict the future Shinhan Inverse's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.0765 | |||
| Treynor Ratio | (2.22) |
Shinhan Inverse Silver Backtested Returns
Shinhan Inverse Silver owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1 % return per unit of risk over the last 3 months. Shinhan Inverse Silver exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinhan Inverse's Coefficient Of Variation of (1,318), risk adjusted performance of (0.06), and Variance of 3.07 to confirm the risk estimate we provide. The entity has a beta of 0.0643, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shinhan Inverse's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shinhan Inverse is expected to be smaller as well. At this point, Shinhan Inverse Silver has a negative expected return of -0.18%. Please make sure to validate Shinhan Inverse's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Shinhan Inverse Silver performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Shinhan Inverse Silver has weak reverse predictability. Overlapping area represents the amount of predictability between Shinhan Inverse time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Shinhan Inverse Silver price movement. The serial correlation of -0.25 indicates that over 25.0% of current Shinhan Inverse price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 2874.69 |
Shinhan Inverse Silver lagged returns against current returns
Autocorrelation, which is Shinhan Inverse 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 Shinhan Inverse's stock expected returns. We can calculate the autocorrelation of Shinhan Inverse returns to help us make a trade decision. For example, suppose you find that Shinhan Inverse 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 |
Shinhan Inverse 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 Shinhan Inverse stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shinhan Inverse stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shinhan Inverse stock over time.
Current vs Lagged Prices |
| Timeline |
Shinhan Inverse Lagged Returns
When evaluating Shinhan Inverse's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shinhan Inverse stock have on its future price. Shinhan Inverse 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, Shinhan Inverse autocorrelation shows the relationship between Shinhan Inverse stock current value and its past values and can show if there is a momentum factor associated with investing in Shinhan Inverse Silver.
Regressed Prices |
| Timeline |
Pair Trading with Shinhan Inverse
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 Shinhan Inverse 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 Shinhan Inverse will appreciate offsetting losses from the drop in the long position's value.Moving together with Shinhan Stock
Moving against Shinhan Stock
| 0.6 | 293780 | AptaBio Therapeutics | PairCorr |
| 0.56 | 033240 | Jahwa Electron | PairCorr |
| 0.32 | 302430 | Innometry | PairCorr |
The ability to find closely correlated positions to Shinhan Inverse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shinhan Inverse 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 Shinhan Inverse - 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 Shinhan Inverse Silver to buy it.
The correlation of Shinhan Inverse 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 Shinhan Inverse moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shinhan Inverse Silver 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 Shinhan Inverse 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 Shinhan Stock
Shinhan Inverse financial ratios help investors to determine whether Shinhan 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 Shinhan with respect to the benefits of owning Shinhan Inverse security.