Sejong Telecom (Korea) Market Value
| 036630 Stock | KRW 433.00 1.00 0.23% |
| Symbol | Sejong |
Sejong Telecom '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 Sejong Telecom'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 Sejong Telecom.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Sejong Telecom on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Sejong Telecom or generate 0.0% return on investment in Sejong Telecom over 30 days. Sejong Telecom is related to or competes with Sam Chun, SAMRYOONG CoLtd, BYON, and Sangsangin. Sejong Telecom, Inc. provides integrated telecommunication services in South Korea More
Sejong Telecom 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 Sejong Telecom'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 Sejong Telecom upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 5.23 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.35 |
Sejong Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sejong Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sejong Telecom's standard deviation. In reality, there are many statistical measures that can use Sejong Telecom historical prices to predict the future Sejong Telecom's volatility.| Risk Adjusted Performance | (0.27) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (7.24) |
Sejong Telecom Backtested Returns
Sejong Telecom owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.32, which indicates the firm had a -0.32% return per unit of risk over the last 3 months. Sejong Telecom exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sejong Telecom's Coefficient Of Variation of (282.11), risk adjusted performance of (0.27), and Variance of 0.9976 to confirm the risk estimate we provide. The entity has a beta of 0.0503, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sejong Telecom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sejong Telecom is expected to be smaller as well. At this point, Sejong Telecom has a negative expected return of -0.34%. Please make sure to validate Sejong Telecom's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Sejong Telecom performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.14 |
Insignificant predictability
Sejong Telecom has insignificant predictability. Overlapping area represents the amount of predictability between Sejong Telecom time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Sejong Telecom price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Sejong Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 309.02 |
Sejong Telecom lagged returns against current returns
Autocorrelation, which is Sejong Telecom 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 Sejong Telecom's stock expected returns. We can calculate the autocorrelation of Sejong Telecom returns to help us make a trade decision. For example, suppose you find that Sejong Telecom 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 |
Sejong Telecom 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 Sejong Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sejong Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sejong Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Sejong Telecom Lagged Returns
When evaluating Sejong Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sejong Telecom stock have on its future price. Sejong Telecom 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, Sejong Telecom autocorrelation shows the relationship between Sejong Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Sejong Telecom.
Regressed Prices |
| Timeline |
Other Information on Investing in Sejong Stock
Sejong Telecom financial ratios help investors to determine whether Sejong 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 Sejong with respect to the benefits of owning Sejong Telecom security.