Samsung Leverage (Korea) Market Value
| 530023 Stock | 34,175 465.00 1.38% |
| Symbol | Samsung |
Samsung Leverage '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 Samsung Leverage'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 Samsung Leverage.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Samsung Leverage on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Samsung Leverage ChinaA50 or generate 0.0% return on investment in Samsung Leverage over 60 days.
Samsung Leverage 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 Samsung Leverage'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 Samsung Leverage ChinaA50 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.39 | |||
| Information Ratio | 0.1041 | |||
| Maximum Drawdown | 31.6 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 7.77 |
Samsung Leverage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samsung Leverage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samsung Leverage's standard deviation. In reality, there are many statistical measures that can use Samsung Leverage historical prices to predict the future Samsung Leverage's volatility.| Risk Adjusted Performance | 0.0966 | |||
| Jensen Alpha | 0.4988 | |||
| Total Risk Alpha | 0.4323 | |||
| Sortino Ratio | 0.1121 | |||
| Treynor Ratio | 1.16 |
Samsung Leverage ChinaA50 Backtested Returns
Samsung Leverage ChinaA50 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Samsung Leverage ChinaA50 exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Samsung Leverage's Risk Adjusted Performance of 0.0966, coefficient of variation of 918.85, and Semi Deviation of 4.19 to confirm the risk estimate we provide. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Samsung Leverage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Samsung Leverage is expected to be smaller as well. At this point, Samsung Leverage ChinaA50 has a negative expected return of -0.6%. Please make sure to validate Samsung Leverage's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Samsung Leverage ChinaA50 performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Samsung Leverage ChinaA50 has virtually no predictability. Overlapping area represents the amount of predictability between Samsung Leverage time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Samsung Leverage ChinaA50 price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Samsung Leverage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 918.1 K |
Samsung Leverage ChinaA50 lagged returns against current returns
Autocorrelation, which is Samsung Leverage 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 Samsung Leverage's stock expected returns. We can calculate the autocorrelation of Samsung Leverage returns to help us make a trade decision. For example, suppose you find that Samsung Leverage 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 |
Samsung Leverage 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 Samsung Leverage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samsung Leverage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samsung Leverage stock over time.
Current vs Lagged Prices |
| Timeline |
Samsung Leverage Lagged Returns
When evaluating Samsung Leverage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samsung Leverage stock have on its future price. Samsung Leverage 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, Samsung Leverage autocorrelation shows the relationship between Samsung Leverage stock current value and its past values and can show if there is a momentum factor associated with investing in Samsung Leverage ChinaA50.
Regressed Prices |
| Timeline |
Pair Trading with Samsung Leverage
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 Samsung Leverage 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 Samsung Leverage will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Samsung Leverage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samsung Leverage 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 Samsung Leverage - 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 Samsung Leverage ChinaA50 to buy it.
The correlation of Samsung Leverage 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 Samsung Leverage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samsung Leverage ChinaA50 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 Samsung Leverage 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.