Meritz Financi (Korea) Market Value
| 138040 Stock | 117,100 2,100 1.76% |
| Symbol | Meritz |
Meritz Financi '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 Meritz Financi'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 Meritz Financi.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Meritz Financi on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Meritz Financi or generate 0.0% return on investment in Meritz Financi over 90 days. Meritz Financi is related to or competes with LG Display, Alton Sports, DC Media, Display Tech, ChipsMedia, and Dongbang Transport. More
Meritz Financi 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 Meritz Financi'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 Meritz Financi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 10.33 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.45 |
Meritz Financi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meritz Financi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meritz Financi's standard deviation. In reality, there are many statistical measures that can use Meritz Financi historical prices to predict the future Meritz Financi's volatility.| Risk Adjusted Performance | 3.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.5571 |
Meritz Financi Backtested Returns
Meritz Financi has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Meritz Financi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meritz Financi's Standard Deviation of 1.81, mean deviation of 1.31, and Risk Adjusted Performance of 3.0E-4 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0348, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Meritz Financi are expected to decrease at a much lower rate. During the bear market, Meritz Financi is likely to outperform the market. At this point, Meritz Financi has a negative expected return of -0.0094%. Please make sure to verify Meritz Financi's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Meritz Financi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Meritz Financi has very good reverse predictability. Overlapping area represents the amount of predictability between Meritz Financi time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Meritz Financi price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Meritz Financi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 15 M |
Meritz Financi lagged returns against current returns
Autocorrelation, which is Meritz Financi 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 Meritz Financi's stock expected returns. We can calculate the autocorrelation of Meritz Financi returns to help us make a trade decision. For example, suppose you find that Meritz Financi 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 |
Meritz Financi 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 Meritz Financi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meritz Financi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meritz Financi stock over time.
Current vs Lagged Prices |
| Timeline |
Meritz Financi Lagged Returns
When evaluating Meritz Financi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meritz Financi stock have on its future price. Meritz Financi 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, Meritz Financi autocorrelation shows the relationship between Meritz Financi stock current value and its past values and can show if there is a momentum factor associated with investing in Meritz Financi.
Regressed Prices |
| Timeline |
Pair Trading with Meritz Financi
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 Meritz Financi 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 Meritz Financi will appreciate offsetting losses from the drop in the long position's value.Moving against Meritz Stock
The ability to find closely correlated positions to Meritz Financi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meritz Financi 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 Meritz Financi - 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 Meritz Financi to buy it.
The correlation of Meritz Financi 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 Meritz Financi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meritz Financi 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 Meritz Financi 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 Meritz Stock
Meritz Financi financial ratios help investors to determine whether Meritz 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 Meritz with respect to the benefits of owning Meritz Financi security.