Samsung Special (Korea) Market Value
| 425290 Stock | 2,085 10.00 0.48% |
| Symbol | Samsung |
Samsung Special '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 Samsung Special'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 Samsung Special.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Samsung Special on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Samsung Special Purpose or generate 0.0% return on investment in Samsung Special over 540 days. Samsung Special is related to or competes with ABCO Electronics, Shinsegae Food, Seoul Food, CKH Food, Daejoo Electronic, Kakao Games, and Samyoung Electronics. More
Samsung Special 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 Samsung Special'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 Samsung Special Purpose upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 3.33 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 0.8696 |
Samsung Special Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samsung Special's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samsung Special's standard deviation. In reality, there are many statistical measures that can use Samsung Special historical prices to predict the future Samsung Special's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 14.88 |
Samsung Special Purpose Backtested Returns
Samsung Special Purpose owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Samsung Special Purpose exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Samsung Special's Risk Adjusted Performance of (0.19), variance of 0.4239, and Coefficient Of Variation of (407.97) to confirm the risk estimate we provide. The entity has a beta of -0.0114, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Samsung Special are expected to decrease at a much lower rate. During the bear market, Samsung Special is likely to outperform the market. At this point, Samsung Special Purpose has a negative expected return of -0.0705%. Please make sure to validate Samsung Special's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Samsung Special Purpose performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Samsung Special Purpose has below average predictability. Overlapping area represents the amount of predictability between Samsung Special time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Samsung Special Purpose price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Samsung Special price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 6439.1 |
Samsung Special Purpose lagged returns against current returns
Autocorrelation, which is Samsung Special 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 Samsung Special's stock expected returns. We can calculate the autocorrelation of Samsung Special returns to help us make a trade decision. For example, suppose you find that Samsung Special 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 |
Samsung Special 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 Samsung Special stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samsung Special stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samsung Special stock over time.
Current vs Lagged Prices |
| Timeline |
Samsung Special Lagged Returns
When evaluating Samsung Special's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samsung Special stock have on its future price. Samsung Special 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, Samsung Special autocorrelation shows the relationship between Samsung Special stock current value and its past values and can show if there is a momentum factor associated with investing in Samsung Special Purpose.
Regressed Prices |
| Timeline |
Pair Trading with Samsung Special
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 Samsung Special 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 Samsung Special will appreciate offsetting losses from the drop in the long position's value.Moving together with Samsung Stock
Moving against Samsung Stock
The ability to find closely correlated positions to Samsung Special could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samsung Special 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 Samsung Special - 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 Samsung Special Purpose to buy it.
The correlation of Samsung Special 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 Samsung Special moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samsung Special Purpose 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 Samsung Special 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 Samsung Stock
Samsung Special financial ratios help investors to determine whether Samsung 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 Samsung with respect to the benefits of owning Samsung Special security.