SGA Solutions (Korea) Market Value
| 184230 Stock | KRW 487.00 1.00 0.21% |
| Symbol | SGA |
SGA Solutions '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 SGA Solutions' 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 SGA Solutions.
| 11/15/2024 |
| 01/14/2025 |
If you would invest 0.00 in SGA Solutions on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding SGA Solutions CoLtd or generate 0.0% return on investment in SGA Solutions over 60 days. SGA Solutions is related to or competes with KMH Hitech, GemVaxKAEL CoLtd, Bosung Power, Busan Industrial, UNISEM, Finebesteel, and Shinhan Inverse. It provides system security solutions, such as RedCastle, AuthCastle, and AuditCastle EndPoint security products, includ... More
SGA Solutions 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 SGA Solutions' 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 SGA Solutions CoLtd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.0066 | |||
| Maximum Drawdown | 11.57 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 4.21 |
SGA Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SGA Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SGA Solutions' standard deviation. In reality, there are many statistical measures that can use SGA Solutions historical prices to predict the future SGA Solutions' volatility.| Risk Adjusted Performance | 0.0105 | |||
| Jensen Alpha | 0.005 | |||
| Total Risk Alpha | 0.0433 | |||
| Sortino Ratio | 0.0057 | |||
| Treynor Ratio | 0.0057 |
SGA Solutions CoLtd Backtested Returns
At this point, SGA Solutions is very steady. SGA Solutions CoLtd retains Efficiency (Sharpe Ratio) of 0.0088, which indicates the firm had a 0.0088% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SGA Solutions, which you can use to evaluate the volatility of the company. Please validate SGA Solutions' risk adjusted performance of 0.0105, and Downside Deviation of 2.76 to confirm if the risk estimate we provide is consistent with the expected return of 0.0217%. The entity owns a Beta (Systematic Risk) of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SGA Solutions' returns are expected to increase less than the market. However, during the bear market, the loss of holding SGA Solutions is expected to be smaller as well. SGA Solutions CoLtd now owns a risk of 2.46%. Please validate SGA Solutions CoLtd semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if SGA Solutions CoLtd will be following its current price history.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
SGA Solutions CoLtd has almost perfect reverse predictability. Overlapping area represents the amount of predictability between SGA Solutions time series from 15th of November 2024 to 15th of December 2024 and 15th of December 2024 to 14th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SGA Solutions CoLtd price movement. The serial correlation of -0.77 indicates that around 77.0% of current SGA Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 500.36 |
SGA Solutions CoLtd lagged returns against current returns
Autocorrelation, which is SGA Solutions 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 SGA Solutions' stock expected returns. We can calculate the autocorrelation of SGA Solutions returns to help us make a trade decision. For example, suppose you find that SGA Solutions 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 |
SGA Solutions 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 SGA Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SGA Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SGA Solutions stock over time.
Current vs Lagged Prices |
| Timeline |
SGA Solutions Lagged Returns
When evaluating SGA Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SGA Solutions stock have on its future price. SGA Solutions 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, SGA Solutions autocorrelation shows the relationship between SGA Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in SGA Solutions CoLtd.
Regressed Prices |
| Timeline |
Pair Trading with SGA Solutions
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 SGA Solutions 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 SGA Solutions will appreciate offsetting losses from the drop in the long position's value.Moving together with SGA Stock
The ability to find closely correlated positions to SGA Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SGA Solutions 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 SGA Solutions - 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 SGA Solutions CoLtd to buy it.
The correlation of SGA Solutions 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 SGA Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SGA Solutions CoLtd 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 SGA Solutions 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 SGA Stock
SGA Solutions financial ratios help investors to determine whether SGA 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 SGA with respect to the benefits of owning SGA Solutions security.