Great Wall (Taiwan) Market Value
| 1210 Stock | TWD 53.20 0.30 0.57% |
| Symbol | Great |
Great Wall '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 Great Wall'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 Great Wall.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Great Wall on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Great Wall Enterprise or generate 0.0% return on investment in Great Wall over 30 days. Great Wall is related to or competes with Charoen Pokphand, Uni President, Lien Hwa, Standard Foods, and Taiwan Cement. Great Wall Enterprise Co., Ltd. procures, produces, processes, imports, markets, sells, distributes, wholesales, retails... More
Great Wall 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 Great Wall'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 Great Wall Enterprise upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 4.45 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.34 |
Great Wall Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great Wall's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great Wall's standard deviation. In reality, there are many statistical measures that can use Great Wall historical prices to predict the future Great Wall's volatility.| Risk Adjusted Performance | 0.0395 | |||
| Jensen Alpha | 0.0346 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.88) |
Great Wall Enterprise Backtested Returns
At this stage we consider Great Stock to be very steady. Great Wall Enterprise holds Efficiency (Sharpe) Ratio of 0.02, which attests that the entity had a 0.02% return per unit of risk over the last 3 months. We have found thirty technical indicators for Great Wall Enterprise, which you can use to evaluate the volatility of the firm. Please check out Great Wall's Market Risk Adjusted Performance of (0.87), downside deviation of 1.04, and Risk Adjusted Performance of 0.0395 to validate if the risk estimate we provide is consistent with the expected return of 0.0149%. Great Wall has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0349, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Great Wall are expected to decrease at a much lower rate. During the bear market, Great Wall is likely to outperform the market. Great Wall Enterprise right now retains a risk of 0.75%. Please check out Great Wall market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Great Wall will be following its current trending patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Great Wall Enterprise has weak reverse predictability. Overlapping area represents the amount of predictability between Great Wall time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Great Wall Enterprise price movement. The serial correlation of -0.24 indicates that over 24.0% of current Great Wall price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Great Wall Enterprise lagged returns against current returns
Autocorrelation, which is Great Wall 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 Great Wall's stock expected returns. We can calculate the autocorrelation of Great Wall returns to help us make a trade decision. For example, suppose you find that Great Wall 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 |
Great Wall 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 Great Wall stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great Wall stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Great Wall stock over time.
Current vs Lagged Prices |
| Timeline |
Great Wall Lagged Returns
When evaluating Great Wall's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great Wall stock have on its future price. Great Wall 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, Great Wall autocorrelation shows the relationship between Great Wall stock current value and its past values and can show if there is a momentum factor associated with investing in Great Wall Enterprise.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Great Stock Analysis
When running Great Wall's price analysis, check to measure Great Wall'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 Great Wall is operating at the current time. Most of Great Wall's value examination focuses on studying past and present price action to predict the probability of Great Wall's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Wall's price. Additionally, you may evaluate how the addition of Great Wall to your portfolios can decrease your overall portfolio volatility.