E Investment (Korea) Market Value
| 093230 Stock | 1,392 0.00 0.00% |
| Symbol | 093230 |
E Investment '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 E Investment'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 E Investment.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in E Investment on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding E Investment Development or generate 0.0% return on investment in E Investment over 30 days. E Investment is related to or competes with Korea Real, Korea Ratings, IQuest, and Wonbang Tech. More
E Investment 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 E Investment'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 E Investment Development upside and downside potential and time the market with a certain degree of confidence.
E Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for E Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E Investment's standard deviation. In reality, there are many statistical measures that can use E Investment historical prices to predict the future E Investment's volatility.E Investment Development Backtested Returns
We have found three technical indicators for E Investment Development, which you can use to evaluate the volatility of the entity. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and E Investment are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
E Investment Development has no correlation between past and present. Overlapping area represents the amount of predictability between E Investment time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 E Investment Development price movement. The serial correlation of 0.0 indicates that just 0.0% of current E Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
E Investment Development lagged returns against current returns
Autocorrelation, which is E Investment 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 E Investment's stock expected returns. We can calculate the autocorrelation of E Investment returns to help us make a trade decision. For example, suppose you find that E Investment 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 |
E Investment 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 E Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if E Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in E Investment stock over time.
Current vs Lagged Prices |
| Timeline |
E Investment Lagged Returns
When evaluating E Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of E Investment stock have on its future price. E Investment 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, E Investment autocorrelation shows the relationship between E Investment stock current value and its past values and can show if there is a momentum factor associated with investing in E Investment Development.
Regressed Prices |
| Timeline |
Pair Trading with E Investment
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 E Investment 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 E Investment will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to E Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E Investment 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 E Investment - 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 E Investment Development to buy it.
The correlation of E Investment 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 E Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E Investment Development 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 E Investment 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 093230 Stock
E Investment financial ratios help investors to determine whether 093230 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 093230 with respect to the benefits of owning E Investment security.