Sam Yang (Korea) Market Value
| 003230 Stock | 519,000 2,000 0.38% |
| Symbol | Sam |
Sam Yang '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 Sam Yang'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 Sam Yang.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Sam Yang on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Sam Yang Foods or generate 0.0% return on investment in Sam Yang over 30 days. Sam Yang is related to or competes with AptaBio Therapeutics, Daewoo SBI, Dream Security, Microfriend, Innometry, and Jahwa Electron. More
Sam Yang 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 Sam Yang'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 Sam Yang Foods upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.57 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 5.59 |
Sam Yang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sam Yang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sam Yang's standard deviation. In reality, there are many statistical measures that can use Sam Yang historical prices to predict the future Sam Yang's volatility.| Risk Adjusted Performance | 0.0023 | |||
| Jensen Alpha | 0.0081 | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 0.0949 |
Sam Yang Foods Backtested Returns
Sam Yang appears to be very steady, given 3 months investment horizon. Sam Yang Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0659, which indicates the firm had a 0.0659% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Sam Yang Foods, which you can use to evaluate the volatility of the company. Please review Sam Yang's Risk Adjusted Performance of 0.0023, variance of 10.32, and Coefficient Of Variation of (14,379) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sam Yang holds a performance score of 5. The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sam Yang are expected to decrease at a much lower rate. During the bear market, Sam Yang is likely to outperform the market. Please check Sam Yang's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Sam Yang's existing price patterns will revert.
Auto-correlation | -0.56 |
Good reverse predictability
Sam Yang Foods has good reverse predictability. Overlapping area represents the amount of predictability between Sam Yang time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Sam Yang Foods price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Sam Yang price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 100.6 M |
Sam Yang Foods lagged returns against current returns
Autocorrelation, which is Sam Yang 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 Sam Yang's stock expected returns. We can calculate the autocorrelation of Sam Yang returns to help us make a trade decision. For example, suppose you find that Sam Yang 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 |
Sam Yang 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 Sam Yang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sam Yang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sam Yang stock over time.
Current vs Lagged Prices |
| Timeline |
Sam Yang Lagged Returns
When evaluating Sam Yang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sam Yang stock have on its future price. Sam Yang 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, Sam Yang autocorrelation shows the relationship between Sam Yang stock current value and its past values and can show if there is a momentum factor associated with investing in Sam Yang Foods.
Regressed Prices |
| Timeline |
Pair Trading with Sam Yang
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 Sam Yang 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 Sam Yang will appreciate offsetting losses from the drop in the long position's value.Moving against Sam Stock
| 0.43 | 000270 | Kia Corp | PairCorr |
| 0.33 | 089970 | Adaptive Plasma Tech | PairCorr |
| 0.32 | 005380 | Hyundai Motor | PairCorr |
| 0.32 | 066570 | LG Electronics | PairCorr |
| 0.31 | 034220 | LG Display | PairCorr |
The ability to find closely correlated positions to Sam Yang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sam Yang 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 Sam Yang - 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 Sam Yang Foods to buy it.
The correlation of Sam Yang 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 Sam Yang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sam Yang Foods 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 Sam Yang 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 Sam Stock
Sam Yang financial ratios help investors to determine whether Sam 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 Sam with respect to the benefits of owning Sam Yang security.