Vaxcell Bio (Korea) Market Value
| 323990 Stock | KRW 12,270 930.00 7.05% |
| Symbol | Vaxcell |
Vaxcell Bio '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 Vaxcell Bio'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 Vaxcell Bio.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Vaxcell Bio on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Vaxcell Bio Therapeutics Co or generate 0.0% return on investment in Vaxcell Bio over 180 days. Vaxcell Bio is related to or competes with Samsung Electronics, Samsung Electronics, LG Energy, SK Hynix, Samsung Biologics, LG Chem, and LG Chemicals. Vaxcell-Bio Therapeutics Co., Ltd. develops and sells cancer immune cell therapy products in South Korea More
Vaxcell Bio 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 Vaxcell Bio'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 Vaxcell Bio Therapeutics Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 9.03 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 3.53 |
Vaxcell Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vaxcell Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vaxcell Bio's standard deviation. In reality, there are many statistical measures that can use Vaxcell Bio historical prices to predict the future Vaxcell Bio's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (2.35) |
Vaxcell Bio Therapeu Backtested Returns
Vaxcell Bio Therapeu owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Vaxcell Bio Therapeutics Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vaxcell Bio's Risk Adjusted Performance of (0.06), variance of 4.46, and Coefficient Of Variation of (1,092) to confirm the risk estimate we provide. The entity has a beta of 0.0867, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vaxcell Bio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vaxcell Bio is expected to be smaller as well. At this point, Vaxcell Bio Therapeu has a negative expected return of -0.29%. Please make sure to validate Vaxcell Bio's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Vaxcell Bio Therapeu performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Vaxcell Bio Therapeutics Co has very weak predictability. Overlapping area represents the amount of predictability between Vaxcell Bio time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Vaxcell Bio Therapeu price movement. The serial correlation of 0.17 indicates that over 17.0% of current Vaxcell Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 921.2 K |
Vaxcell Bio Therapeu lagged returns against current returns
Autocorrelation, which is Vaxcell Bio 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 Vaxcell Bio's stock expected returns. We can calculate the autocorrelation of Vaxcell Bio returns to help us make a trade decision. For example, suppose you find that Vaxcell Bio 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 |
Vaxcell Bio 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 Vaxcell Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vaxcell Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vaxcell Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Vaxcell Bio Lagged Returns
When evaluating Vaxcell Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vaxcell Bio stock have on its future price. Vaxcell Bio 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, Vaxcell Bio autocorrelation shows the relationship between Vaxcell Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Vaxcell Bio Therapeutics Co.
Regressed Prices |
| Timeline |
Pair Trading with Vaxcell Bio
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 Vaxcell Bio 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 Vaxcell Bio will appreciate offsetting losses from the drop in the long position's value.Moving together with Vaxcell Stock
Moving against Vaxcell Stock
The ability to find closely correlated positions to Vaxcell Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vaxcell Bio 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 Vaxcell Bio - 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 Vaxcell Bio Therapeutics Co to buy it.
The correlation of Vaxcell Bio 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 Vaxcell Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vaxcell Bio Therapeu 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 Vaxcell Bio 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 Vaxcell Stock
Vaxcell Bio financial ratios help investors to determine whether Vaxcell 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 Vaxcell with respect to the benefits of owning Vaxcell Bio security.