Ananti (Korea) Market Value
| 025980 Stock | KRW 5,460 20.00 0.37% |
| Symbol | Ananti |
Ananti '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 Ananti'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 Ananti.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Ananti on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Ananti Inc or generate 0.0% return on investment in Ananti over 180 days. Ananti is related to or competes with Dongwha Enterprise, InBody CoLtd, Seegene, and Dongsin Engineering. Ananti Inc. engages in the development, construction, and operation of leisure facilities, such as golf courses, spa res... More
Ananti 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 Ananti'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 Ananti Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.77 | |||
| Information Ratio | 0.0036 | |||
| Maximum Drawdown | 18.92 | |||
| Value At Risk | (4.97) | |||
| Potential Upside | 5.43 |
Ananti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ananti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ananti's standard deviation. In reality, there are many statistical measures that can use Ananti historical prices to predict the future Ananti's volatility.| Risk Adjusted Performance | 0.0423 | |||
| Jensen Alpha | 0.0915 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0043 | |||
| Treynor Ratio | 0.3708 |
Ananti Inc Backtested Returns
At this point, Ananti is very steady. Ananti Inc secures Sharpe Ratio (or Efficiency) of 0.0432, which signifies that the company had a 0.0432% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Ananti Inc, which you can use to evaluate the volatility of the firm. Please confirm Ananti's mean deviation of 2.07, and Risk Adjusted Performance of 0.0423 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Ananti has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ananti's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ananti is expected to be smaller as well. Ananti Inc right now shows a risk of 3.48%. Please confirm Ananti Inc semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Ananti Inc will be following its price patterns.
Auto-correlation | -0.46 |
Modest reverse predictability
Ananti Inc has modest reverse predictability. Overlapping area represents the amount of predictability between Ananti time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 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 Ananti Inc price movement. The serial correlation of -0.46 indicates that about 46.0% of current Ananti price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 55.2 K |
Ananti Inc lagged returns against current returns
Autocorrelation, which is Ananti 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 Ananti's stock expected returns. We can calculate the autocorrelation of Ananti returns to help us make a trade decision. For example, suppose you find that Ananti 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 |
Ananti 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 Ananti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ananti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ananti stock over time.
Current vs Lagged Prices |
| Timeline |
Ananti Lagged Returns
When evaluating Ananti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ananti stock have on its future price. Ananti 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, Ananti autocorrelation shows the relationship between Ananti stock current value and its past values and can show if there is a momentum factor associated with investing in Ananti Inc.
Regressed Prices |
| Timeline |
Pair Trading with Ananti
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 Ananti 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 Ananti will appreciate offsetting losses from the drop in the long position's value.Moving against Ananti Stock
The ability to find closely correlated positions to Ananti could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ananti 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 Ananti - 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 Ananti Inc to buy it.
The correlation of Ananti 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 Ananti moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ananti Inc 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 Ananti 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 Ananti Stock
Ananti financial ratios help investors to determine whether Ananti 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 Ananti with respect to the benefits of owning Ananti security.