Mobirix (Korea) Market Value
| 348030 Stock | KRW 4,310 10.00 0.23% |
| Symbol | Mobirix |
Mobirix '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 Mobirix'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 Mobirix.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Mobirix on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Mobirix Co or generate 0.0% return on investment in Mobirix over 90 days. Mobirix is related to or competes with HYBE, GiantStep, NH SPAC, Wysiwyg Studios, RaemongRaein, Carriesoft, and Aniplus. Mobirix Co., Ltd publishes and supplies mobile games worldwide More
Mobirix 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 Mobirix'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 Mobirix Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 4.22 |
Mobirix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mobirix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mobirix's standard deviation. In reality, there are many statistical measures that can use Mobirix historical prices to predict the future Mobirix's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (1.71) |
Mobirix Backtested Returns
Mobirix has Sharpe Ratio of -0.0632, which conveys that the firm had a -0.0632 % return per unit of risk over the last 3 months. Mobirix exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mobirix's Mean Deviation of 1.65, standard deviation of 2.22, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0893, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mobirix's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mobirix is expected to be smaller as well. At this point, Mobirix has a negative expected return of -0.14%. Please make sure to verify Mobirix's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Mobirix performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
Mobirix Co has good predictability. Overlapping area represents the amount of predictability between Mobirix time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Mobirix price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Mobirix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 26.4 K |
Mobirix lagged returns against current returns
Autocorrelation, which is Mobirix 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 Mobirix's stock expected returns. We can calculate the autocorrelation of Mobirix returns to help us make a trade decision. For example, suppose you find that Mobirix 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 |
Mobirix 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 Mobirix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mobirix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mobirix stock over time.
Current vs Lagged Prices |
| Timeline |
Mobirix Lagged Returns
When evaluating Mobirix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mobirix stock have on its future price. Mobirix 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, Mobirix autocorrelation shows the relationship between Mobirix stock current value and its past values and can show if there is a momentum factor associated with investing in Mobirix Co.
Regressed Prices |
| Timeline |
Pair Trading with Mobirix
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 Mobirix 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 Mobirix will appreciate offsetting losses from the drop in the long position's value.Moving against Mobirix Stock
| 0.76 | 310200 | Aniplus | PairCorr |
| 0.73 | 289220 | GiantStep | PairCorr |
| 0.67 | 104460 | DYPNF CoLtd | PairCorr |
| 0.65 | 352820 | HYBE | PairCorr |
| 0.64 | 225570 | NH SPAC 8 | PairCorr |
The ability to find closely correlated positions to Mobirix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mobirix 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 Mobirix - 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 Mobirix Co to buy it.
The correlation of Mobirix 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 Mobirix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mobirix 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 Mobirix 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 Mobirix Stock
Mobirix financial ratios help investors to determine whether Mobirix 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 Mobirix with respect to the benefits of owning Mobirix security.