Total Soft (Korea) Market Value
| 045340 Stock | KRW 4,710 115.00 2.50% |
| Symbol | Total |
Total Soft '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 Total Soft'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 Total Soft.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Total Soft on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Total Soft Bank or generate 0.0% return on investment in Total Soft over 30 days. Total Soft is related to or competes with Kakao Games, Devsisters Corporation, Konan Technology, Nice Information, SKONEC Entertainment, and InfoBank. Total Soft Bank Ltd. develops and sells management software solutions for the maritime and port logistics industry in South Korea. More
Total Soft 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 Total Soft'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 Total Soft Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.41 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 32.64 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 3.02 |
Total Soft Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Total Soft's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Total Soft's standard deviation. In reality, there are many statistical measures that can use Total Soft historical prices to predict the future Total Soft's volatility.| Risk Adjusted Performance | 0.0116 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0234 |
Total Soft Bank Backtested Returns
At this point, Total Soft is very steady. Total Soft Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.022, which indicates the firm had a 0.022% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Total Soft Bank, which you can use to evaluate the volatility of the company. Please validate Total Soft's Semi Deviation of 4.12, risk adjusted performance of 0.0116, and Coefficient Of Variation of 22548.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.0992%. Total Soft has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Total Soft's returns are expected to increase less than the market. However, during the bear market, the loss of holding Total Soft is expected to be smaller as well. Total Soft Bank right now has a risk of 4.51%. Please validate Total Soft standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Total Soft will be following its existing price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Total Soft Bank has very good reverse predictability. Overlapping area represents the amount of predictability between Total Soft time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Total Soft Bank price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Total Soft price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 136.6 K |
Total Soft Bank lagged returns against current returns
Autocorrelation, which is Total Soft 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 Total Soft's stock expected returns. We can calculate the autocorrelation of Total Soft returns to help us make a trade decision. For example, suppose you find that Total Soft 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 |
Total Soft 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 Total Soft stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Total Soft stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Total Soft stock over time.
Current vs Lagged Prices |
| Timeline |
Total Soft Lagged Returns
When evaluating Total Soft's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Total Soft stock have on its future price. Total Soft 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, Total Soft autocorrelation shows the relationship between Total Soft stock current value and its past values and can show if there is a momentum factor associated with investing in Total Soft Bank.
Regressed Prices |
| Timeline |
Pair Trading with Total Soft
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 Total Soft 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 Total Soft will appreciate offsetting losses from the drop in the long position's value.Moving against Total Stock
| 0.5 | 039290 | InfoBank | PairCorr |
| 0.41 | 005935 | Samsung Electronics | PairCorr |
| 0.34 | 005930 | Samsung Electronics | PairCorr |
| 0.32 | 066570 | LG Electronics | PairCorr |
| 0.31 | 005380 | Hyundai Motor | PairCorr |
The ability to find closely correlated positions to Total Soft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Total Soft 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 Total Soft - 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 Total Soft Bank to buy it.
The correlation of Total Soft 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 Total Soft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Total Soft Bank 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 Total Soft 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 Total Stock
Total Soft financial ratios help investors to determine whether Total 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 Total with respect to the benefits of owning Total Soft security.