FarmStory (Korea) Market Value
| 027710 Stock | KRW 1,200 6.00 0.50% |
| Symbol | FarmStory |
FarmStory '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 FarmStory'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 FarmStory.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in FarmStory on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding FarmStory Co or generate 0.0% return on investment in FarmStory over 180 days. FarmStory is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Hyundai, Hyundai, SK Holdings, and KB Financial. FarmStory Co., Ltd. manufactures and sells animal feeds in South Korea More
FarmStory 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 FarmStory'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 FarmStory Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 9.58 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.54 |
FarmStory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FarmStory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FarmStory's standard deviation. In reality, there are many statistical measures that can use FarmStory historical prices to predict the future FarmStory's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 0.7605 |
FarmStory Backtested Returns
FarmStory secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. FarmStory Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FarmStory's Standard Deviation of 1.58, variance of 2.49, and Mean Deviation of 1.14 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FarmStory are expected to decrease at a much lower rate. During the bear market, FarmStory is likely to outperform the market. At this point, FarmStory has a negative expected return of -0.18%. Please make sure to confirm FarmStory's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if FarmStory performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.71 |
Good predictability
FarmStory Co has good predictability. Overlapping area represents the amount of predictability between FarmStory time series from 31st of May 2024 to 29th of August 2024 and 29th of August 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 FarmStory price movement. The serial correlation of 0.71 indicates that around 71.0% of current FarmStory price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 4350.34 |
FarmStory lagged returns against current returns
Autocorrelation, which is FarmStory 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 FarmStory's stock expected returns. We can calculate the autocorrelation of FarmStory returns to help us make a trade decision. For example, suppose you find that FarmStory 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 |
FarmStory 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 FarmStory stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FarmStory stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FarmStory stock over time.
Current vs Lagged Prices |
| Timeline |
FarmStory Lagged Returns
When evaluating FarmStory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FarmStory stock have on its future price. FarmStory 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, FarmStory autocorrelation shows the relationship between FarmStory stock current value and its past values and can show if there is a momentum factor associated with investing in FarmStory Co.
Regressed Prices |
| Timeline |
Pair Trading with FarmStory
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 FarmStory 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 FarmStory will appreciate offsetting losses from the drop in the long position's value.Moving together with FarmStory Stock
| 0.97 | 123040 | MS Autotech CoLtd | PairCorr |
| 0.94 | 012860 | Mobase Electronics CoLtd | PairCorr |
| 0.91 | 012700 | LEADCORP | PairCorr |
| 0.8 | 024910 | Kyung Chang Industrial | PairCorr |
The ability to find closely correlated positions to FarmStory could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FarmStory 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 FarmStory - 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 FarmStory Co to buy it.
The correlation of FarmStory 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 FarmStory moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FarmStory 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 FarmStory 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 FarmStory Stock
FarmStory financial ratios help investors to determine whether FarmStory 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 FarmStory with respect to the benefits of owning FarmStory security.