Lindeman Asia (Korea) Market Value
| 277070 Stock | 3,295 125.00 3.65% |
| Symbol | Lindeman |
Lindeman Asia '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 Lindeman Asia'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 Lindeman Asia.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Lindeman Asia on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Lindeman Asia Investment or generate 0.0% return on investment in Lindeman Asia over 360 days. Lindeman Asia is related to or competes with Nh Investment, Hanwha InvestmentSecuri, and YeSUN Tech. More
Lindeman Asia 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 Lindeman Asia'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 Lindeman Asia Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 16.59 | |||
| Value At Risk | (6.09) | |||
| Potential Upside | 3.05 |
Lindeman Asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lindeman Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lindeman Asia's standard deviation. In reality, there are many statistical measures that can use Lindeman Asia historical prices to predict the future Lindeman Asia's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (15.27) |
Lindeman Asia Investment Backtested Returns
Lindeman Asia Investment has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. Lindeman Asia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lindeman Asia's Mean Deviation of 1.78, standard deviation of 2.66, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0318, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lindeman Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lindeman Asia is expected to be smaller as well. At this point, Lindeman Asia Investment has a negative expected return of -0.56%. Please make sure to verify Lindeman Asia's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Lindeman Asia Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
Lindeman Asia Investment has modest reverse predictability. Overlapping area represents the amount of predictability between Lindeman Asia time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Lindeman Asia Investment price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Lindeman Asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 804.2 K |
Lindeman Asia Investment lagged returns against current returns
Autocorrelation, which is Lindeman Asia 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 Lindeman Asia's stock expected returns. We can calculate the autocorrelation of Lindeman Asia returns to help us make a trade decision. For example, suppose you find that Lindeman Asia 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 |
Lindeman Asia 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 Lindeman Asia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lindeman Asia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lindeman Asia stock over time.
Current vs Lagged Prices |
| Timeline |
Lindeman Asia Lagged Returns
When evaluating Lindeman Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lindeman Asia stock have on its future price. Lindeman Asia 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, Lindeman Asia autocorrelation shows the relationship between Lindeman Asia stock current value and its past values and can show if there is a momentum factor associated with investing in Lindeman Asia Investment.
Regressed Prices |
| Timeline |
Pair Trading with Lindeman Asia
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 Lindeman Asia 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 Lindeman Asia will appreciate offsetting losses from the drop in the long position's value.Moving together with Lindeman Stock
Moving against Lindeman Stock
The ability to find closely correlated positions to Lindeman Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lindeman Asia 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 Lindeman Asia - 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 Lindeman Asia Investment to buy it.
The correlation of Lindeman Asia 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 Lindeman Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lindeman Asia 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 Lindeman Asia 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 Lindeman Stock
Lindeman Asia financial ratios help investors to determine whether Lindeman 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 Lindeman with respect to the benefits of owning Lindeman Asia security.