LVMC Holdings (Korea) Market Value
| 900140 Stock | 2,010 62.00 3.18% |
| Symbol | LVMC |
LVMC Holdings '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 LVMC Holdings' 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 LVMC Holdings.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in LVMC Holdings on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding LVMC Holdings or generate 0.0% return on investment in LVMC Holdings over 270 days. LVMC Holdings is related to or competes with ABOV Semiconductor, ITM Semiconductor, Shinil Electronics, ABCO Electronics, SK Telecom, Digital Power, and LG Electronics. More
LVMC Holdings 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 LVMC Holdings' 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 LVMC Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 3.18 |
LVMC Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LVMC Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LVMC Holdings' standard deviation. In reality, there are many statistical measures that can use LVMC Holdings historical prices to predict the future LVMC Holdings' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 0.8642 |
LVMC Holdings Backtested Returns
LVMC Holdings has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of volatility over the last 3 months. LVMC Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LVMC Holdings' risk adjusted performance of (0.09), and Mean Deviation of 1.48 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning LVMC Holdings are expected to decrease at a much lower rate. During the bear market, LVMC Holdings is likely to outperform the market. At this point, LVMC Holdings has a negative expected return of -0.3%. Please make sure to verify LVMC Holdings' total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if LVMC Holdings performance from the past will be repeated at future time.
Auto-correlation | 0.70 |
Good predictability
LVMC Holdings has good predictability. Overlapping area represents the amount of predictability between LVMC Holdings time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 LVMC Holdings price movement. The serial correlation of 0.7 indicates that around 70.0% of current LVMC Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 29.6 K |
LVMC Holdings lagged returns against current returns
Autocorrelation, which is LVMC Holdings 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 LVMC Holdings' stock expected returns. We can calculate the autocorrelation of LVMC Holdings returns to help us make a trade decision. For example, suppose you find that LVMC Holdings 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 |
LVMC Holdings 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 LVMC Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LVMC Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LVMC Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
LVMC Holdings Lagged Returns
When evaluating LVMC Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LVMC Holdings stock have on its future price. LVMC Holdings 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, LVMC Holdings autocorrelation shows the relationship between LVMC Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in LVMC Holdings.
Regressed Prices |
| Timeline |
Pair Trading with LVMC Holdings
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 LVMC Holdings 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 LVMC Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with LVMC Stock
The ability to find closely correlated positions to LVMC Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LVMC Holdings 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 LVMC Holdings - 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 LVMC Holdings to buy it.
The correlation of LVMC Holdings 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 LVMC Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LVMC Holdings 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 LVMC Holdings 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 LVMC Stock
LVMC Holdings financial ratios help investors to determine whether LVMC 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 LVMC with respect to the benefits of owning LVMC Holdings security.