Seoul Comp (South Korea) Market Value

KS11 -  South Korea Index  

 3,223  20.72  0.65%

Seoul Comp's market value is the price at which a share of Seoul Comp stock trades on a public exchange. It measures the collective expectations of Seoul Comp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Seoul Comp and determine expected loss or profit from investing in Seoul Comp over a given investment horizon. Check out Seoul Comp Hype Analysis, Seoul Comp Correlation, Portfolio Optimization, Seoul Comp Volatility, as well as analyze Seoul Comp Alpha and Beta and Seoul Comp Performance.
Symbol
Backtest

Please note, there is a significant difference between Seoul Comp's value and its price as these two are different measures arrived at by different means. Investors typically determine Seoul Comp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seoul Comp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Seoul Comp '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 Seoul Comp's index 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 Seoul Comp.
0.00
10/12/2019
No Change 0.00  0.0 
In 1 year 9 months and 23 days
08/02/2021
0.00
If you would invest  0.00  in Seoul Comp on October 12, 2019 and sell it all today you would earn a total of 0.00 from holding Seoul Comp or generate 0.0% return on investment in Seoul Comp over 660 days.

Seoul Comp 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 Seoul Comp's index 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 Seoul Comp upside and downside potential and time the market with a certain degree of confidence.

Seoul Comp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Seoul Comp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seoul Comp's standard deviation. In reality, there are many statistical measures that can use Seoul Comp historical prices to predict the future Seoul Comp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Seoul Comp'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. Please use the tools below to analyze the current value of Seoul Comp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3,2223,2233,224
Details
Intrinsic
Valuation
LowReal ValueHigh
3,2183,2183,545
Details
Naive
Forecast
LowNext ValueHigh
3,2063,2073,207
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3,1993,2553,310
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Seoul Comp. Your research has to be compared to or analyzed against Seoul Comp's peers to derive any actionable benefits. When done correctly, Seoul Comp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Seoul Comp.

Seoul Comp Backtested Returns

Seoul Comp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0577, which indicates the index had 0.0577% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Seoul Comp, which you can use to evaluate the future volatility of the index.
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. Let's try to break down what Seoul's beta means in this case. the returns on MARKET and Seoul Comp are completely uncorrelated. Although it is extremely important to respect Seoul Comp current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Seoul Comp technical indicators, you can presently evaluate if the expected return of 0.0388% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.10   

Insignificant predictability

Seoul Comp has insignificant predictability. Overlapping area represents the amount of predictability between Seoul Comp time series from 12th of October 2019 to 6th of September 2020 and 6th of September 2020 to 2nd of August 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Seoul Comp price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Seoul Comp price fluctuation can be explain by its past prices.
Correlation Coefficient0.1
Spearman Rank Test0.24
Residual Average0.0
Price Variance99509.6

Seoul Comp lagged returns against current returns

Autocorrelation, which is Seoul Comp index'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 Seoul Comp's index expected returns. We can calculate the autocorrelation of Seoul Comp returns to help us make a trade decision. For example, suppose you find that Seoul Comp index 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Seoul Comp 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 Seoul Comp index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seoul Comp index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seoul Comp index over time.
 Current vs Lagged Prices 
Share
      Timeline 

Seoul Comp Lagged Returns

When evaluating Seoul Comp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seoul Comp index have on its future price. Seoul Comp 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, Seoul Comp autocorrelation shows the relationship between Seoul Comp index current value and its past values and can show if there is a momentum factor associated with investing in Seoul Comp.
 Regressed Prices 
Share
      Timeline 

Seoul Comp Investors Sentiment

The influence of Seoul Comp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Seoul. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - KS11

Seoul Comp Investor Sentiment

Most of Macroaxis investors are at this time bullish on Seoul Comp. What is your outlook on investing in South Korea companies? Are you bullish or bearish on Seoul Comp?
Bullish
Bearish
98% Bullish
2% Bearish
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Check out Seoul Comp Hype Analysis, Seoul Comp Correlation, Portfolio Optimization, Seoul Comp Volatility, as well as analyze Seoul Comp Alpha and Beta and Seoul Comp Performance. Note that the Seoul Comp information on this page should be used as a complementary analysis to other Seoul Comp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Tools for Seoul Index

When running Seoul Comp price analysis, check to measure Seoul Comp'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 Seoul Comp is operating at the current time. Most of Seoul Comp's value examination focuses on studying past and present price action to predict the probability of Seoul Comp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Seoul Comp's price. Additionally, you may evaluate how the addition of Seoul Comp to your portfolios can decrease your overall portfolio volatility.
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