Barunson (Korea) Market Value
| 018700 Stock | KRW 1,500 2.00 0.13% |
| Symbol | Barunson |
Barunson '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 Barunson'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 Barunson.
| 03/01/2024 |
| 04/30/2024 |
If you would invest 0.00 in Barunson on March 1, 2024 and sell it all today you would earn a total of 0.00 from holding Barunson Co or generate 0.0% return on investment in Barunson over 60 days. Barunson is related to or competes with Samsung Electronics, Samsung Electronics, KB Financial, Shinhan Financial, Hyundai, Hyundai, and SK Hynix. Barunson Co., Ltd. creates, distributes, and invests in cultural contents in South Korea More
Barunson 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 Barunson'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 Barunson Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 7.96 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.04 |
Barunson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barunson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barunson's standard deviation. In reality, there are many statistical measures that can use Barunson historical prices to predict the future Barunson's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.7037 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Barunson'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.
Barunson Backtested Returns
Barunson secures Sharpe Ratio (or Efficiency) of -0.0867, which signifies that the company had a -0.0867% return per unit of risk over the last 3 months. Barunson Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Barunson's Risk Adjusted Performance of (0.07), mean deviation of 0.9852, and Standard Deviation of 1.43 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Barunson are expected to decrease at a much lower rate. During the bear market, Barunson is likely to outperform the market. Barunson has an expected return of -0.12%. Please make sure to confirm Barunson jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Barunson performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.14 |
Insignificant predictability
Barunson Co has insignificant predictability. Overlapping area represents the amount of predictability between Barunson time series from 1st of March 2024 to 31st of March 2024 and 31st of March 2024 to 30th of April 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 Barunson price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Barunson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1009.58 |
Barunson lagged returns against current returns
Autocorrelation, which is Barunson 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 Barunson's stock expected returns. We can calculate the autocorrelation of Barunson returns to help us make a trade decision. For example, suppose you find that Barunson 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 |
Barunson 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 Barunson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barunson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barunson stock over time.
Current vs Lagged Prices |
| Timeline |
Barunson Lagged Returns
When evaluating Barunson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barunson stock have on its future price. Barunson 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, Barunson autocorrelation shows the relationship between Barunson stock current value and its past values and can show if there is a momentum factor associated with investing in Barunson Co.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Barunson Correlation, Barunson Volatility and Barunson Alpha and Beta module to complement your research on Barunson. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Barunson Stock analysis
When running Barunson's price analysis, check to measure Barunson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barunson is operating at the current time. Most of Barunson's value examination focuses on studying past and present price action to predict the probability of Barunson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barunson's price. Additionally, you may evaluate how the addition of Barunson to your portfolios can decrease your overall portfolio volatility.
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Barunson technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.