Com2uS (Korea) Market Value
| 078340 Stock | KRW 48,900 2,800 6.07% |
| Symbol | Com2uS |
Com2uS '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 Com2uS'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 Com2uS.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Com2uS on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Com2uS or generate 0.0% return on investment in Com2uS over 30 days. Com2uS is related to or competes with Pearl Abyss, GAMEVIL, and Wemade CoLtd. Com2uS Corporationration develops and publishes mobile games in South Korea, China, Japan, and the United States. More
Com2uS 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 Com2uS'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 Com2uS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.0815 | |||
| Maximum Drawdown | 12.92 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 6.07 |
Com2uS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Com2uS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Com2uS's standard deviation. In reality, there are many statistical measures that can use Com2uS historical prices to predict the future Com2uS's volatility.| Risk Adjusted Performance | 0.1038 | |||
| Jensen Alpha | 0.4249 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0966 | |||
| Treynor Ratio | (1.09) |
Com2uS Backtested Returns
Com2uS appears to be very steady, given 3 months investment horizon. Com2uS secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Com2uS, which you can use to evaluate the volatility of the firm. Please makes use of Com2uS's Mean Deviation of 2.46, downside deviation of 2.62, and Risk Adjusted Performance of 0.1038 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Com2uS holds a performance score of 10. The firm shows a Beta (market volatility) of -0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Com2uS are expected to decrease at a much lower rate. During the bear market, Com2uS is likely to outperform the market. Please check Com2uS's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Com2uS's price patterns will revert.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Com2uS has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Com2uS time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Com2uS price movement. The serial correlation of -0.73 indicates that around 73.0% of current Com2uS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 5 M |
Com2uS lagged returns against current returns
Autocorrelation, which is Com2uS 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 Com2uS's stock expected returns. We can calculate the autocorrelation of Com2uS returns to help us make a trade decision. For example, suppose you find that Com2uS 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 |
Com2uS 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 Com2uS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Com2uS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Com2uS stock over time.
Current vs Lagged Prices |
| Timeline |
Com2uS Lagged Returns
When evaluating Com2uS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Com2uS stock have on its future price. Com2uS 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, Com2uS autocorrelation shows the relationship between Com2uS stock current value and its past values and can show if there is a momentum factor associated with investing in Com2uS.
Regressed Prices |
| Timeline |
Other Information on Investing in Com2uS Stock
Com2uS financial ratios help investors to determine whether Com2uS 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 Com2uS with respect to the benefits of owning Com2uS security.