RESEARCH NOTES
Notes behind the numbers
These notes explain what each WIP Labs indicator means, where it can mislead, and how it can be combined with other market signals.
ValuationIs a low KOSPI PER always cheap?
Why current PER, historical average PER, and forward PER should be read together.
SentimentReading fear and greed through retail flowHow retail net-buying can move away from its usual pattern near turning points.
LiquidityA four-indicator map of U.S. liquidityM2, reserves, RRP, and TGA each describe a different part of the liquidity backdrop.
AI CycleCan AI CAPEX be covered by OCF?Using CAPEX/OCF and CAPEX/net income to check hyperscaler investment capacity.
ADRWhat does the SK Hynix ADR spread tell us?How to interpret the ADR-implied share price versus the KOSPI-listed share price.
WeeklyWeekly market readsAutomatically generated every Sunday KST after the U.S. Friday regular session has ended.