SBI Investment (Korea) Market Value
| 019550 Stock | KRW 702.00 2.00 0.28% |
| Symbol | SBI |
SBI Investment '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 SBI Investment'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 SBI Investment.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in SBI Investment on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding SBI Investment KOREA or generate 0.0% return on investment in SBI Investment over 720 days. SBI Investment is related to or competes with Nh Investment, DB Insurance, DSC Investment, Samsung Life, NH Investment, and Hanwha InvestmentSecuri. SBI Investment Korea Co., Ltd. is a venture capital and private equity firm specializing in seed and growth stage invest... More
SBI Investment 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 SBI Investment'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 SBI Investment KOREA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.21 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 3.97 |
SBI Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SBI Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SBI Investment's standard deviation. In reality, there are many statistical measures that can use SBI Investment historical prices to predict the future SBI Investment's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.70) |
SBI Investment KOREA Backtested Returns
SBI Investment KOREA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.01, which indicates the company had a -0.01% return per unit of volatility over the last 3 months. SBI Investment KOREA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SBI Investment's Risk Adjusted Performance of (0.01), standard deviation of 2.39, and Market Risk Adjusted Performance of (0.69) to confirm the risk estimate we provide. The firm has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SBI Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding SBI Investment is expected to be smaller as well. At this point, SBI Investment KOREA has a negative expected return of -0.0248%. Please make sure to validate SBI Investment's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if SBI Investment KOREA performance from the past will be repeated in the future.
Auto-correlation | 0.73 |
Good predictability
SBI Investment KOREA has good predictability. Overlapping area represents the amount of predictability between SBI Investment time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 SBI Investment KOREA price movement. The serial correlation of 0.73 indicates that around 73.0% of current SBI Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 8722.26 |
SBI Investment KOREA lagged returns against current returns
Autocorrelation, which is SBI Investment 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 SBI Investment's stock expected returns. We can calculate the autocorrelation of SBI Investment returns to help us make a trade decision. For example, suppose you find that SBI Investment 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 |
SBI Investment 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 SBI Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SBI Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SBI Investment stock over time.
Current vs Lagged Prices |
| Timeline |
SBI Investment Lagged Returns
When evaluating SBI Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SBI Investment stock have on its future price. SBI Investment 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, SBI Investment autocorrelation shows the relationship between SBI Investment stock current value and its past values and can show if there is a momentum factor associated with investing in SBI Investment KOREA.
Regressed Prices |
| Timeline |
Pair Trading with SBI Investment
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 SBI Investment 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 SBI Investment will appreciate offsetting losses from the drop in the long position's value.Moving against SBI Stock
| 0.7 | 105560 | KB Financial Group | PairCorr |
| 0.56 | 024110 | Industrial Bank | PairCorr |
| 0.54 | 032830 | Samsung Life | PairCorr |
| 0.39 | 316140 | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to SBI Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SBI Investment 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 SBI Investment - 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 SBI Investment KOREA to buy it.
The correlation of SBI Investment 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 SBI Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SBI Investment KOREA 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 SBI Investment 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 SBI Stock
SBI Investment financial ratios help investors to determine whether SBI 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 SBI with respect to the benefits of owning SBI Investment security.