Yujin Robot (Korea) Market Value
| 056080 Stock | KRW 6,010 30.00 0.50% |
| Symbol | Yujin |
Yujin Robot '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 Yujin Robot'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 Yujin Robot.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Yujin Robot on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Yujin Robot Co or generate 0.0% return on investment in Yujin Robot over 390 days. Yujin Robot is related to or competes with Kbi Metal, Lotte Non-Life, Shinsegae Information, Shinhan Inverse, Seoyon Topmetal, PJ Metal, and LG Display. Yujin Robot Co., Ltd. researches, develops, and supplies various service robots in Korea More
Yujin Robot 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 Yujin Robot'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 Yujin Robot Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.17 | |||
| Information Ratio | 4.0E-4 | |||
| Maximum Drawdown | 25.3 | |||
| Value At Risk | (4.68) | |||
| Potential Upside | 7.19 |
Yujin Robot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yujin Robot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yujin Robot's standard deviation. In reality, there are many statistical measures that can use Yujin Robot historical prices to predict the future Yujin Robot's volatility.| Risk Adjusted Performance | 0.0277 | |||
| Jensen Alpha | 0.1234 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 5.0E-4 | |||
| Treynor Ratio | (0.52) |
Yujin Robot Backtested Returns
At this point, Yujin Robot is very steady. Yujin Robot shows Sharpe Ratio of 0.034, which attests that the company had a 0.034% return per unit of risk over the last 3 months. We have found thirty technical indicators for Yujin Robot, which you can use to evaluate the volatility of the company. Please check out Yujin Robot's Mean Deviation of 2.87, downside deviation of 3.17, and Market Risk Adjusted Performance of (0.51) to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Yujin Robot has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yujin Robot are expected to decrease at a much lower rate. During the bear market, Yujin Robot is likely to outperform the market. Yujin Robot right now maintains a risk of 4.37%. Please check out Yujin Robot downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Yujin Robot will be following its historical returns.
Auto-correlation | 0.70 |
Good predictability
Yujin Robot Co has good predictability. Overlapping area represents the amount of predictability between Yujin Robot time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Yujin Robot price movement. The serial correlation of 0.7 indicates that around 70.0% of current Yujin Robot price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 613.5 K |
Yujin Robot lagged returns against current returns
Autocorrelation, which is Yujin Robot 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 Yujin Robot's stock expected returns. We can calculate the autocorrelation of Yujin Robot returns to help us make a trade decision. For example, suppose you find that Yujin Robot 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 |
Yujin Robot 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 Yujin Robot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yujin Robot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yujin Robot stock over time.
Current vs Lagged Prices |
| Timeline |
Yujin Robot Lagged Returns
When evaluating Yujin Robot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yujin Robot stock have on its future price. Yujin Robot 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, Yujin Robot autocorrelation shows the relationship between Yujin Robot stock current value and its past values and can show if there is a momentum factor associated with investing in Yujin Robot Co.
Regressed Prices |
| Timeline |
Pair Trading with Yujin Robot
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 Yujin Robot 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 Yujin Robot will appreciate offsetting losses from the drop in the long position's value.Moving against Yujin Stock
The ability to find closely correlated positions to Yujin Robot could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yujin Robot 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 Yujin Robot - 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 Yujin Robot Co to buy it.
The correlation of Yujin Robot 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 Yujin Robot moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yujin Robot 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 Yujin Robot 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 Yujin Stock
Yujin Robot financial ratios help investors to determine whether Yujin 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 Yujin with respect to the benefits of owning Yujin Robot security.