HUA YU (Taiwan) Market Value
| 1436 Stock | TWD 125.00 1.50 1.21% |
| Symbol | HUA |
HUA YU '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 HUA YU'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 HUA YU.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in HUA YU on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding HUA YU LIEN or generate 0.0% return on investment in HUA YU over 720 days. HUA YU is related to or competes with Advancetek Enterprise, GTM Holdings, De Licacy, Shinkong Textile, and Shinkong Synthetic. Hua Yu Lien Development Co., Ltd. develops, rents, and sells residential units and buildings in Taiwan More
HUA YU 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 HUA YU'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 HUA YU LIEN upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 14.1 | |||
| Value At Risk | (4.98) | |||
| Potential Upside | 4.37 |
HUA YU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HUA YU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HUA YU's standard deviation. In reality, there are many statistical measures that can use HUA YU historical prices to predict the future HUA YU's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (1.71) |
HUA YU LIEN Backtested Returns
HUA YU LIEN retains Efficiency (Sharpe Ratio) of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. HUA YU exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HUA YU's Variance of 8.72, market risk adjusted performance of (1.70), and Coefficient Of Variation of (784.90) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HUA YU's returns are expected to increase less than the market. However, during the bear market, the loss of holding HUA YU is expected to be smaller as well. At this point, HUA YU LIEN has a negative expected return of -0.34%. Please make sure to check out HUA YU's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if HUA YU LIEN performance from the past will be repeated in the future.
Auto-correlation | 0.45 |
Average predictability
HUA YU LIEN has average predictability. Overlapping area represents the amount of predictability between HUA YU time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 HUA YU LIEN price movement. The serial correlation of 0.45 indicates that just about 45.0% of current HUA YU price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1059.73 |
HUA YU LIEN lagged returns against current returns
Autocorrelation, which is HUA YU 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 HUA YU's stock expected returns. We can calculate the autocorrelation of HUA YU returns to help us make a trade decision. For example, suppose you find that HUA YU 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 |
HUA YU 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 HUA YU stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HUA YU stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HUA YU stock over time.
Current vs Lagged Prices |
| Timeline |
HUA YU Lagged Returns
When evaluating HUA YU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HUA YU stock have on its future price. HUA YU 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, HUA YU autocorrelation shows the relationship between HUA YU stock current value and its past values and can show if there is a momentum factor associated with investing in HUA YU LIEN.
Regressed Prices |
| Timeline |
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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 HUA Stock Analysis
When running HUA YU's price analysis, check to measure HUA YU'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 HUA YU is operating at the current time. Most of HUA YU's value examination focuses on studying past and present price action to predict the probability of HUA YU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HUA YU's price. Additionally, you may evaluate how the addition of HUA YU to your portfolios can decrease your overall portfolio volatility.