Vivozon Healthcare (Korea) Market Value
| 082800 Stock | KRW 2,885 30.00 1.05% |
| Symbol | Vivozon |
Vivozon Healthcare '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 Vivozon Healthcare'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 Vivozon Healthcare.
| 04/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in Vivozon Healthcare on April 4, 2024 and sell it all today you would earn a total of 0.00 from holding Vivozon Healthcare or generate 0.0% return on investment in Vivozon Healthcare over 30 days. Vivozon Healthcare is related to or competes with KB Financial, Shinhan Financial, Hyundai, Hyundai, Hyundai, Woori Financial, and SK Holdings. Lumimicro Co., Ltd researches, develops, produces, and sells LED products in South Korea More
Vivozon Healthcare 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 Vivozon Healthcare'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 Vivozon Healthcare upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.43 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.97 |
Vivozon Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vivozon Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vivozon Healthcare's standard deviation. In reality, there are many statistical measures that can use Vivozon Healthcare historical prices to predict the future Vivozon Healthcare's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.8818 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vivozon Healthcare'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.
Vivozon Healthcare Backtested Returns
We consider Vivozon Healthcare very steady. Vivozon Healthcare owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0066, which indicates the firm had a 0.0066% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Vivozon Healthcare, which you can use to evaluate the volatility of the company. Please validate Vivozon Healthcare's Variance of 5.21, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,591) to confirm if the risk estimate we provide is consistent with the expected return of 0.0156%. The entity has a beta of -0.0677, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vivozon Healthcare are expected to decrease at a much lower rate. During the bear market, Vivozon Healthcare is likely to outperform the market. Vivozon Healthcare right now has a risk of 2.36%. Please validate Vivozon Healthcare total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Vivozon Healthcare will be following its existing price patterns.
Auto-correlation | 0.69 |
Good predictability
Vivozon Healthcare has good predictability. Overlapping area represents the amount of predictability between Vivozon Healthcare time series from 4th of April 2024 to 19th of April 2024 and 19th of April 2024 to 4th of May 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 Vivozon Healthcare price movement. The serial correlation of 0.69 indicates that around 69.0% of current Vivozon Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 507.25 |
Vivozon Healthcare lagged returns against current returns
Autocorrelation, which is Vivozon Healthcare 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 Vivozon Healthcare's stock expected returns. We can calculate the autocorrelation of Vivozon Healthcare returns to help us make a trade decision. For example, suppose you find that Vivozon Healthcare 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 |
Vivozon Healthcare 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 Vivozon Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vivozon Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vivozon Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Vivozon Healthcare Lagged Returns
When evaluating Vivozon Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vivozon Healthcare stock have on its future price. Vivozon Healthcare 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, Vivozon Healthcare autocorrelation shows the relationship between Vivozon Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Vivozon Healthcare.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Vivozon Healthcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Vivozon Healthcare's short interest history, or implied volatility extrapolated from Vivozon Healthcare options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Vivozon Healthcare Correlation, Vivozon Healthcare Volatility and Vivozon Healthcare Alpha and Beta module to complement your research on Vivozon Healthcare. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Vivozon Stock analysis
When running Vivozon Healthcare's price analysis, check to measure Vivozon Healthcare'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 Vivozon Healthcare is operating at the current time. Most of Vivozon Healthcare's value examination focuses on studying past and present price action to predict the probability of Vivozon Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vivozon Healthcare's price. Additionally, you may evaluate how the addition of Vivozon Healthcare to your portfolios can decrease your overall portfolio volatility.
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Vivozon Healthcare 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.