Samwha Electronics (Korea) Market Value
| 011230 Stock | 3,190 210.00 7.05% |
| Symbol | Samwha |
Samwha Electronics '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 Samwha Electronics' 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 Samwha Electronics.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Samwha Electronics on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Samwha Electronics Co or generate 0.0% return on investment in Samwha Electronics over 30 days. Samwha Electronics is related to or competes with AptaBio Therapeutics, Daewoo SBI, Dream Security, Microfriend, Innometry, and Jahwa Electron. More
Samwha Electronics 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 Samwha Electronics' 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 Samwha Electronics Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.39 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 28.85 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 7.04 |
Samwha Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samwha Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samwha Electronics' standard deviation. In reality, there are many statistical measures that can use Samwha Electronics historical prices to predict the future Samwha Electronics' volatility.| Risk Adjusted Performance | 0.0154 | |||
| Jensen Alpha | 2.0E-4 | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1284 |
Samwha Electronics Backtested Returns
At this point, Samwha Electronics is very steady. Samwha Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0306, which indicates the firm had a 0.0306% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Samwha Electronics Co, which you can use to evaluate the volatility of the company. Please validate Samwha Electronics' Coefficient Of Variation of 10589.21, semi deviation of 2.23, and Risk Adjusted Performance of 0.0154 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Samwha Electronics has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Samwha Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Samwha Electronics is expected to be smaller as well. Samwha Electronics right now has a risk of 4.33%. Please validate Samwha Electronics coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Samwha Electronics will be following its existing price patterns.
Auto-correlation | 0.26 |
Poor predictability
Samwha Electronics Co has poor predictability. Overlapping area represents the amount of predictability between Samwha Electronics time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Samwha Electronics price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Samwha Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 18.2 K |
Samwha Electronics lagged returns against current returns
Autocorrelation, which is Samwha Electronics 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 Samwha Electronics' stock expected returns. We can calculate the autocorrelation of Samwha Electronics returns to help us make a trade decision. For example, suppose you find that Samwha Electronics 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 |
Samwha Electronics 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 Samwha Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samwha Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samwha Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Samwha Electronics Lagged Returns
When evaluating Samwha Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samwha Electronics stock have on its future price. Samwha Electronics 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, Samwha Electronics autocorrelation shows the relationship between Samwha Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Samwha Electronics Co.
Regressed Prices |
| Timeline |
Pair Trading with Samwha Electronics
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 Samwha Electronics 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 Samwha Electronics will appreciate offsetting losses from the drop in the long position's value.Moving against Samwha Stock
The ability to find closely correlated positions to Samwha Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samwha Electronics 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 Samwha Electronics - 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 Samwha Electronics Co to buy it.
The correlation of Samwha Electronics 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 Samwha Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samwha Electronics 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 Samwha Electronics 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 Samwha Stock
Samwha Electronics financial ratios help investors to determine whether Samwha 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 Samwha with respect to the benefits of owning Samwha Electronics security.