Samlip General (Korea) Market Value
| 005610 Stock | 52,100 500.00 0.97% |
| Symbol | Samlip |
Samlip General '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 Samlip General'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 Samlip General.
| 08/30/2024 |
| 09/29/2024 |
If you would invest 0.00 in Samlip General on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Samlip General Foods or generate 0.0% return on investment in Samlip General over 30 days. Samlip General is related to or competes with AptaBio Therapeutics, Daewoo SBI, Dream Security, Microfriend, Innometry, and Jahwa Electron. More
Samlip General 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 Samlip General'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 Samlip General Foods upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 6.57 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.39 |
Samlip General Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samlip General's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samlip General's standard deviation. In reality, there are many statistical measures that can use Samlip General historical prices to predict the future Samlip General's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 1.47 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Samlip General's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Samlip General Foods Backtested Returns
Samlip General Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0991, which indicates the firm had a -0.0991% return per unit of risk over the last 3 months. Samlip General Foods exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Samlip General's Risk Adjusted Performance of (0.13), coefficient of variation of (598.19), and Variance of 1.52 to confirm the risk estimate we provide. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Samlip General are expected to decrease at a much lower rate. During the bear market, Samlip General is likely to outperform the market. At this point, Samlip General Foods has a negative expected return of -0.12%. Please make sure to validate Samlip General's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Samlip General Foods performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
Samlip General Foods has excellent reverse predictability. Overlapping area represents the amount of predictability between Samlip General time series from 30th of August 2024 to 14th of September 2024 and 14th of September 2024 to 29th of September 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 Samlip General Foods price movement. The serial correlation of -0.84 indicates that around 84.0% of current Samlip General price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 297.3 K |
Samlip General Foods lagged returns against current returns
Autocorrelation, which is Samlip General 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 Samlip General's stock expected returns. We can calculate the autocorrelation of Samlip General returns to help us make a trade decision. For example, suppose you find that Samlip General 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 |
Samlip General 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 Samlip General stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samlip General stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samlip General stock over time.
Current vs Lagged Prices |
| Timeline |
Samlip General Lagged Returns
When evaluating Samlip General's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samlip General stock have on its future price. Samlip General 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, Samlip General autocorrelation shows the relationship between Samlip General stock current value and its past values and can show if there is a momentum factor associated with investing in Samlip General Foods.
Regressed Prices |
| Timeline |
Pair Trading with Samlip General
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 Samlip General 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 Samlip General will appreciate offsetting losses from the drop in the long position's value.Moving together with Samlip Stock
The ability to find closely correlated positions to Samlip General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Samlip General 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 Samlip General - 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 Samlip General Foods to buy it.
The correlation of Samlip General 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 Samlip General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Samlip General Foods 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 Samlip General 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 Samlip Stock
Samlip General financial ratios help investors to determine whether Samlip 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 Samlip with respect to the benefits of owning Samlip General security.