GaeaSoft Corp (Korea) Market Value
| 051160 Stock | 8,550 190.00 2.17% |
| Symbol | GaeaSoft |
GaeaSoft Corp '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 GaeaSoft Corp'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 GaeaSoft Corp.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in GaeaSoft Corp on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding GaeaSoft Corp or generate 0.0% return on investment in GaeaSoft Corp over 30 days. GaeaSoft Corp is related to or competes with GS Engineering, Miwon Chemicals, Semyung Electric, Keyang Electric, Camus Engineering, and ENERGYMACHINERY KOREA. GaeaSoft Corporation develops wireless Internet solutions in South Korea. More
GaeaSoft Corp 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 GaeaSoft Corp'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 GaeaSoft Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 14.67 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 3.19 |
GaeaSoft Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GaeaSoft Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GaeaSoft Corp's standard deviation. In reality, there are many statistical measures that can use GaeaSoft Corp historical prices to predict the future GaeaSoft Corp's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.96) |
GaeaSoft Corp Backtested Returns
GaeaSoft Corp holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had a -0.22% return per unit of risk over the last 3 months. GaeaSoft Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GaeaSoft Corp's Market Risk Adjusted Performance of (0.95), risk adjusted performance of (0.04), and Standard Deviation of 2.21 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GaeaSoft Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding GaeaSoft Corp is expected to be smaller as well. At this point, GaeaSoft Corp has a negative expected return of -0.37%. Please make sure to check out GaeaSoft Corp's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if GaeaSoft Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
GaeaSoft Corp has below average predictability. Overlapping area represents the amount of predictability between GaeaSoft Corp time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 GaeaSoft Corp price movement. The serial correlation of 0.39 indicates that just about 39.0% of current GaeaSoft Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 23.1 K |
GaeaSoft Corp lagged returns against current returns
Autocorrelation, which is GaeaSoft Corp 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 GaeaSoft Corp's stock expected returns. We can calculate the autocorrelation of GaeaSoft Corp returns to help us make a trade decision. For example, suppose you find that GaeaSoft Corp 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 |
GaeaSoft Corp 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 GaeaSoft Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GaeaSoft Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GaeaSoft Corp stock over time.
Current vs Lagged Prices |
| Timeline |
GaeaSoft Corp Lagged Returns
When evaluating GaeaSoft Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GaeaSoft Corp stock have on its future price. GaeaSoft Corp 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, GaeaSoft Corp autocorrelation shows the relationship between GaeaSoft Corp stock current value and its past values and can show if there is a momentum factor associated with investing in GaeaSoft Corp.
Regressed Prices |
| Timeline |
Pair Trading with GaeaSoft Corp
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 GaeaSoft Corp 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 GaeaSoft Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with GaeaSoft Stock
| 0.78 | 254120 | Xavis | PairCorr |
| 0.78 | 353190 | Hurum | PairCorr |
| 0.62 | 336570 | Daishin Balance No8 | PairCorr |
| 0.73 | 034830 | Korea Real Estate | PairCorr |
| 0.62 | 030350 | Dragonfly GF Split | PairCorr |
The ability to find closely correlated positions to GaeaSoft Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GaeaSoft Corp 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 GaeaSoft Corp - 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 GaeaSoft Corp to buy it.
The correlation of GaeaSoft Corp 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 GaeaSoft Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GaeaSoft Corp 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 GaeaSoft Corp 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 GaeaSoft Stock
GaeaSoft Corp financial ratios help investors to determine whether GaeaSoft 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 GaeaSoft with respect to the benefits of owning GaeaSoft Corp security.