Maniker F (Korea) Market Value
| 195500 Stock | KRW 2,795 30.00 1.06% |
| Symbol | Maniker |
Maniker F '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 Maniker F'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 Maniker F.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Maniker F on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Maniker F G or generate 0.0% return on investment in Maniker F over 30 days. Maniker F is related to or competes with Samsung Electronics, Samsung Electronics, LG Energy, SK Hynix, Samsung Biologics, LG Chem, and LG Chemicals. Maniker FG Co., Ltd. produces, processes, and sells frozen, chilled, and retorted food products More
Maniker F 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 Maniker F'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 Maniker F G upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 10.56 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.04 |
Maniker F Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maniker F's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maniker F's standard deviation. In reality, there are many statistical measures that can use Maniker F historical prices to predict the future Maniker F's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (8.53) |
Maniker F G Backtested Returns
Maniker F G has Sharpe Ratio of -0.0432, which conveys that the firm had a -0.0432% return per unit of risk over the last 3 months. Maniker F exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maniker F's Mean Deviation of 1.14, standard deviation of 1.57, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0129, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Maniker F's returns are expected to increase less than the market. However, during the bear market, the loss of holding Maniker F is expected to be smaller as well. At this point, Maniker F G has a negative expected return of -0.0689%. Please make sure to verify Maniker F's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Maniker F G performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Maniker F G has poor reverse predictability. Overlapping area represents the amount of predictability between Maniker F time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Maniker F G price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Maniker F price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1037.6 |
Maniker F G lagged returns against current returns
Autocorrelation, which is Maniker F 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 Maniker F's stock expected returns. We can calculate the autocorrelation of Maniker F returns to help us make a trade decision. For example, suppose you find that Maniker F 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 |
Maniker F 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 Maniker F stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maniker F stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maniker F stock over time.
Current vs Lagged Prices |
| Timeline |
Maniker F Lagged Returns
When evaluating Maniker F's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maniker F stock have on its future price. Maniker F 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, Maniker F autocorrelation shows the relationship between Maniker F stock current value and its past values and can show if there is a momentum factor associated with investing in Maniker F G.
Regressed Prices |
| Timeline |
Pair Trading with Maniker F
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 Maniker F 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 Maniker F will appreciate offsetting losses from the drop in the long position's value.Moving together with Maniker Stock
The ability to find closely correlated positions to Maniker F could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maniker F 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 Maniker F - 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 Maniker F G to buy it.
The correlation of Maniker F 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 Maniker F moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maniker F G 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 Maniker F 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 Maniker Stock
Maniker F financial ratios help investors to determine whether Maniker 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 Maniker with respect to the benefits of owning Maniker F security.