Kaulin Mfg (Taiwan) Market Value
| 1531 Stock | TWD 17.25 0.45 2.54% |
| Symbol | Kaulin |
Kaulin Mfg '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 Kaulin Mfg'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 Kaulin Mfg.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Kaulin Mfg on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Kaulin Mfg or generate 0.0% return on investment in Kaulin Mfg over 30 days. Kaulin Mfg is related to or competes with BES Engineering, Continental Holdings, Kee Tai, and Hung Sheng. Ltd. manufactures and sells industrial sewing machines in Taiwan and internationally More
Kaulin Mfg 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 Kaulin Mfg'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 Kaulin Mfg upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.0628 | |||
| Maximum Drawdown | 17.63 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 5.99 |
Kaulin Mfg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kaulin Mfg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kaulin Mfg's standard deviation. In reality, there are many statistical measures that can use Kaulin Mfg historical prices to predict the future Kaulin Mfg's volatility.| Risk Adjusted Performance | 0.0918 | |||
| Jensen Alpha | 0.1782 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0787 | |||
| Treynor Ratio | 0.3009 |
Kaulin Mfg Backtested Returns
Kaulin Mfg appears to be not too volatile, given 3 months investment horizon. Kaulin Mfg has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kaulin Mfg, which you can use to evaluate the volatility of the firm. Please exercise Kaulin Mfg's Mean Deviation of 1.77, risk adjusted performance of 0.0918, and Downside Deviation of 2.31 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kaulin Mfg holds a performance score of 8. The company secures a Beta (Market Risk) of 1.03, which conveys a somewhat significant risk relative to the market. Kaulin Mfg returns are very sensitive to returns on the market. As the market goes up or down, Kaulin Mfg is expected to follow. Please check Kaulin Mfg's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Kaulin Mfg's current price movements will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Kaulin Mfg has poor reverse predictability. Overlapping area represents the amount of predictability between Kaulin Mfg time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 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 Kaulin Mfg price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Kaulin Mfg price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
Kaulin Mfg lagged returns against current returns
Autocorrelation, which is Kaulin Mfg 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 Kaulin Mfg's stock expected returns. We can calculate the autocorrelation of Kaulin Mfg returns to help us make a trade decision. For example, suppose you find that Kaulin Mfg 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 |
Kaulin Mfg 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 Kaulin Mfg stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kaulin Mfg stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kaulin Mfg stock over time.
Current vs Lagged Prices |
| Timeline |
Kaulin Mfg Lagged Returns
When evaluating Kaulin Mfg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kaulin Mfg stock have on its future price. Kaulin Mfg 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, Kaulin Mfg autocorrelation shows the relationship between Kaulin Mfg stock current value and its past values and can show if there is a momentum factor associated with investing in Kaulin Mfg.
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 Kaulin Stock Analysis
When running Kaulin Mfg's price analysis, check to measure Kaulin Mfg'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 Kaulin Mfg is operating at the current time. Most of Kaulin Mfg's value examination focuses on studying past and present price action to predict the probability of Kaulin Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaulin Mfg's price. Additionally, you may evaluate how the addition of Kaulin Mfg to your portfolios can decrease your overall portfolio volatility.