LG Household (Korea) Market Value
| 051905 Stock | 159,900 1,700 1.05% |
| Symbol | 051905 |
LG Household '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 LG Household'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 LG Household.
| 03/22/2024 |
| 06/20/2024 |
If you would invest 0.00 in LG Household on March 22, 2024 and sell it all today you would earn a total of 0.00 from holding LG Household Healthcare or generate 0.0% return on investment in LG Household over 90 days. LG Household is related to or competes with CKH Food, Busan Industrial, Sam Chun, Finebesteel, Fine Besteel, and ISU Chemical. More
LG Household 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 LG Household'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 LG Household Healthcare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.0209 | |||
| Maximum Drawdown | 11.9 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 4.52 |
LG Household Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG Household's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LG Household's standard deviation. In reality, there are many statistical measures that can use LG Household historical prices to predict the future LG Household's volatility.| Risk Adjusted Performance | 0.0237 | |||
| Jensen Alpha | 0.0465 | |||
| Total Risk Alpha | 0.04 | |||
| Sortino Ratio | 0.0228 | |||
| Treynor Ratio | 0.1572 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LG Household'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.
LG Household Healthcare Backtested Returns
LG Household Healthcare retains Efficiency (Sharpe Ratio) of -0.0318, which conveys that the firm had a -0.0318% return per unit of price deviation over the last 3 months. LG Household exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG Household's Market Risk Adjusted Performance of 0.1672, mean deviation of 1.57, and Standard Deviation of 2.15 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LG Household's returns are expected to increase less than the market. However, during the bear market, the loss of holding LG Household is expected to be smaller as well. At this point, LG Household Healthcare has a negative expected return of -0.0621%. Please make sure to verify LG Household's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if LG Household Healthcare performance from the past will be repeated sooner or later.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
LG Household Healthcare has almost perfect reverse predictability. Overlapping area represents the amount of predictability between LG Household time series from 22nd of March 2024 to 6th of May 2024 and 6th of May 2024 to 20th of June 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 LG Household Healthcare price movement. The serial correlation of -0.74 indicates that around 74.0% of current LG Household price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 187.6 M |
LG Household Healthcare lagged returns against current returns
Autocorrelation, which is LG Household 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 LG Household's stock expected returns. We can calculate the autocorrelation of LG Household returns to help us make a trade decision. For example, suppose you find that LG Household 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 |
LG Household 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 LG Household stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LG Household stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LG Household stock over time.
Current vs Lagged Prices |
| Timeline |
LG Household Lagged Returns
When evaluating LG Household's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LG Household stock have on its future price. LG Household 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, LG Household autocorrelation shows the relationship between LG Household stock current value and its past values and can show if there is a momentum factor associated with investing in LG Household Healthcare.
Regressed Prices |
| Timeline |
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LG Household financial ratios help investors to determine whether 051905 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 051905 with respect to the benefits of owning LG Household security.