Seoul Semiconductor (Korea) Market Value
| 046890 Stock | KRW 7,030 190.00 2.63% |
| Symbol | Seoul |
Seoul Semiconductor '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 Seoul Semiconductor'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 Seoul Semiconductor.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Seoul Semiconductor on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Seoul Semiconductor Co or generate 0.0% return on investment in Seoul Semiconductor over 720 days. Seoul Semiconductor is related to or competes with SFA Engineering. Seoul Semiconductor Co., Ltd. manufactures and sells light emitting diodes products worldwide More
Seoul Semiconductor 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 Seoul Semiconductor'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 Seoul Semiconductor Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 25.37 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.39 |
Seoul Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seoul Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seoul Semiconductor's standard deviation. In reality, there are many statistical measures that can use Seoul Semiconductor historical prices to predict the future Seoul Semiconductor's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | 76.72 |
Seoul Semiconductor Backtested Returns
Seoul Semiconductor owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Seoul Semiconductor Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seoul Semiconductor's Variance of 9.02, coefficient of variation of (690.45), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The entity has a beta of -0.0058, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Seoul Semiconductor are expected to decrease at a much lower rate. During the bear market, Seoul Semiconductor is likely to outperform the market. At this point, Seoul Semiconductor has a negative expected return of -0.41%. Please make sure to validate Seoul Semiconductor's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Seoul Semiconductor performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Seoul Semiconductor Co has insignificant predictability. Overlapping area represents the amount of predictability between Seoul Semiconductor time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 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 Seoul Semiconductor price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Seoul Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 603.4 K |
Seoul Semiconductor lagged returns against current returns
Autocorrelation, which is Seoul Semiconductor 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 Seoul Semiconductor's stock expected returns. We can calculate the autocorrelation of Seoul Semiconductor returns to help us make a trade decision. For example, suppose you find that Seoul Semiconductor 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 |
Seoul Semiconductor 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 Seoul Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seoul Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seoul Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Seoul Semiconductor Lagged Returns
When evaluating Seoul Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seoul Semiconductor stock have on its future price. Seoul Semiconductor 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, Seoul Semiconductor autocorrelation shows the relationship between Seoul Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Seoul Semiconductor Co.
Regressed Prices |
| Timeline |
Other Information on Investing in Seoul Stock
Seoul Semiconductor financial ratios help investors to determine whether Seoul 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 Seoul with respect to the benefits of owning Seoul Semiconductor security.