LB Investment (Korea) Market Value
| 309960 Stock | 3,700 5.00 0.13% |
| Symbol | 309960 |
LB 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 LB 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 LB Investment.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in LB Investment on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding LB Investment or generate 0.0% return on investment in LB Investment over 510 days.
LB 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 LB 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 LB Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 7.89 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 1.93 |
LB Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LB Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LB Investment's standard deviation. In reality, there are many statistical measures that can use LB Investment historical prices to predict the future LB Investment's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (4.66) |
LB Investment Backtested Returns
LB Investment retains Efficiency (Sharpe Ratio) of -0.11, which conveys that the company had a -0.11% return per unit of price deviation over the last 3 months. LB Investment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LB Investment's Information Ratio of (0.24), mean deviation of 1.01, and Market Risk Adjusted Performance of (4.65) to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.047, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LB Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding LB Investment is expected to be smaller as well. At this point, LB Investment has a negative expected return of -0.15%. Please make sure to verify LB Investment's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if LB Investment performance from the past will be repeated sooner or later.
Auto-correlation | -0.58 |
Good reverse predictability
LB Investment has good reverse predictability. Overlapping area represents the amount of predictability between LB Investment time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 LB Investment price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current LB Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 325.6 K |
LB Investment lagged returns against current returns
Autocorrelation, which is LB 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 LB Investment's stock expected returns. We can calculate the autocorrelation of LB Investment returns to help us make a trade decision. For example, suppose you find that LB 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 |
LB 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 LB Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LB Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LB Investment stock over time.
Current vs Lagged Prices |
| Timeline |
LB Investment Lagged Returns
When evaluating LB Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LB Investment stock have on its future price. LB 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, LB Investment autocorrelation shows the relationship between LB Investment stock current value and its past values and can show if there is a momentum factor associated with investing in LB Investment.
Regressed Prices |
| Timeline |
Pair Trading with LB 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 LB 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 LB Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with 309960 Stock
Moving against 309960 Stock
The ability to find closely correlated positions to LB 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 LB 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 LB 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 LB Investment to buy it.
The correlation of LB 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 LB Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LB Investment 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 LB 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.