GAMSUNG (Korea) Market Value
| 036620 Stock | KRW 5,950 40.00 0.68% |
| Symbol | GAMSUNG |
GAMSUNG '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 GAMSUNG'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 GAMSUNG.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in GAMSUNG on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding GAMSUNG Co or generate 0.0% return on investment in GAMSUNG over 90 days. GAMSUNG is related to or competes with Daishin Information, CJ Seafood, Wing Yip, Insung Information, Jeong Moon, Innowireless, and Sam Yang. Virtualtek Corp provides information technology and groupware development services More
GAMSUNG 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 GAMSUNG'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 GAMSUNG Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | 0.2041 | |||
| Maximum Drawdown | 19.65 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 4.7 |
GAMSUNG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GAMSUNG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GAMSUNG's standard deviation. In reality, there are many statistical measures that can use GAMSUNG historical prices to predict the future GAMSUNG's volatility.| Risk Adjusted Performance | 0.2412 | |||
| Jensen Alpha | 0.7132 | |||
| Total Risk Alpha | 0.3236 | |||
| Sortino Ratio | 0.2554 | |||
| Treynor Ratio | 3.06 |
GAMSUNG Backtested Returns
GAMSUNG appears to be very steady, given 3 months investment horizon. GAMSUNG holds Efficiency (Sharpe) Ratio of 0.26, which attests that the company had a 0.26 % return per unit of risk over the last 3 months. By inspecting GAMSUNG's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize GAMSUNG's downside deviation of 2.4, and Semi Deviation of 1.63 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GAMSUNG holds a performance score of 20. The firm retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GAMSUNG's returns are expected to increase less than the market. However, during the bear market, the loss of holding GAMSUNG is expected to be smaller as well. Please check GAMSUNG's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether GAMSUNG's current trending patterns will revert.
Auto-correlation | 0.57 |
Modest predictability
GAMSUNG Co has modest predictability. Overlapping area represents the amount of predictability between GAMSUNG time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GAMSUNG price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current GAMSUNG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 141 K |
GAMSUNG lagged returns against current returns
Autocorrelation, which is GAMSUNG 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 GAMSUNG's stock expected returns. We can calculate the autocorrelation of GAMSUNG returns to help us make a trade decision. For example, suppose you find that GAMSUNG 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 |
GAMSUNG 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 GAMSUNG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GAMSUNG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GAMSUNG stock over time.
Current vs Lagged Prices |
| Timeline |
GAMSUNG Lagged Returns
When evaluating GAMSUNG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GAMSUNG stock have on its future price. GAMSUNG 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, GAMSUNG autocorrelation shows the relationship between GAMSUNG stock current value and its past values and can show if there is a momentum factor associated with investing in GAMSUNG Co.
Regressed Prices |
| Timeline |
Pair Trading with GAMSUNG
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 GAMSUNG 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 GAMSUNG will appreciate offsetting losses from the drop in the long position's value.Moving together with GAMSUNG Stock
Moving against GAMSUNG Stock
| 0.93 | 025950 | Dongsin Engineering | PairCorr |
| 0.84 | 050960 | SOOSAN INT | PairCorr |
| 0.75 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.61 | 106240 | Finetechnix CoLtd | PairCorr |
| 0.4 | 045340 | Total Soft Bank | PairCorr |
The ability to find closely correlated positions to GAMSUNG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GAMSUNG 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 GAMSUNG - 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 GAMSUNG Co to buy it.
The correlation of GAMSUNG 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 GAMSUNG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GAMSUNG 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 GAMSUNG 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 GAMSUNG Stock
GAMSUNG financial ratios help investors to determine whether GAMSUNG 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 GAMSUNG with respect to the benefits of owning GAMSUNG security.