Sampo Corp (Taiwan) Market Value
| 1604 Stock | TWD 28.35 0.15 0.53% |
| Symbol | Sampo |
Sampo Corp '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 Sampo Corp'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 Sampo Corp.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Sampo Corp on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Sampo Corp or generate 0.0% return on investment in Sampo Corp over 30 days. Sampo Corp is related to or competes with TECO Electric, Walsin Lihwa, Asia Cement, Far Eastern, and Tatung. Sampo Corporation manufactures and sells electrical and electronic products in Taiwan More
Sampo Corp 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 Sampo Corp'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 Sampo Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8088 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.22 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 1.06 |
Sampo Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sampo Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sampo Corp's standard deviation. In reality, there are many statistical measures that can use Sampo Corp historical prices to predict the future Sampo Corp's volatility.| Risk Adjusted Performance | 0.0173 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.16) |
Sampo Corp Backtested Returns
At this stage we consider Sampo Stock to be very steady. Sampo Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0251, which indicates the firm had a 0.0251% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sampo Corp, which you can use to evaluate the volatility of the company. Please validate Sampo Corp's Coefficient Of Variation of 3986.87, risk adjusted performance of 0.0173, and Semi Deviation of 0.6164 to confirm if the risk estimate we provide is consistent with the expected return of 0.0161%. Sampo Corp has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.0388, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sampo Corp are expected to decrease at a much lower rate. During the bear market, Sampo Corp is likely to outperform the market. Sampo Corp right now has a risk of 0.64%. Please validate Sampo Corp semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Sampo Corp will be following its existing price patterns.
Auto-correlation | 0.48 |
Average predictability
Sampo Corp has average predictability. Overlapping area represents the amount of predictability between Sampo Corp time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Sampo Corp price movement. The serial correlation of 0.48 indicates that about 48.0% of current Sampo Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sampo Corp lagged returns against current returns
Autocorrelation, which is Sampo Corp 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 Sampo Corp's stock expected returns. We can calculate the autocorrelation of Sampo Corp returns to help us make a trade decision. For example, suppose you find that Sampo Corp 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 |
Sampo Corp 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 Sampo Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sampo Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sampo Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Sampo Corp Lagged Returns
When evaluating Sampo Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sampo Corp stock have on its future price. Sampo Corp 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, Sampo Corp autocorrelation shows the relationship between Sampo Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Sampo Corp.
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 Sampo Stock Analysis
When running Sampo Corp's price analysis, check to measure Sampo Corp'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 Sampo Corp is operating at the current time. Most of Sampo Corp's value examination focuses on studying past and present price action to predict the probability of Sampo Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sampo Corp's price. Additionally, you may evaluate how the addition of Sampo Corp to your portfolios can decrease your overall portfolio volatility.