Taiwan Sanyo (Taiwan) Market Value
| 1614 Stock | TWD 38.95 0.10 0.26% |
| Symbol | Taiwan |
Taiwan Sanyo '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 Taiwan Sanyo'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 Taiwan Sanyo.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Taiwan Sanyo on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Taiwan Sanyo Electric or generate 0.0% return on investment in Taiwan Sanyo over 30 days. Taiwan Sanyo is related to or competes with Sampo Corp, China Electric, Walsin Lihwa, Ta Ya, and Hong Tai. ,Ltd. manufactures and sells home appliances in Taiwan and internationally More
Taiwan Sanyo 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 Taiwan Sanyo'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 Taiwan Sanyo Electric upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 2.94 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 0.9975 |
Taiwan Sanyo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiwan Sanyo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiwan Sanyo's standard deviation. In reality, there are many statistical measures that can use Taiwan Sanyo historical prices to predict the future Taiwan Sanyo's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (1.05) |
Taiwan Sanyo Electric Backtested Returns
Taiwan Sanyo Electric owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Taiwan Sanyo Electric exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Sanyo's Variance of 0.3025, coefficient of variation of (1,060), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.0587, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Taiwan Sanyo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Taiwan Sanyo is expected to be smaller as well. At this point, Taiwan Sanyo Electric has a negative expected return of -0.0605%. Please make sure to validate Taiwan Sanyo's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Taiwan Sanyo Electric performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Taiwan Sanyo Electric has below average predictability. Overlapping area represents the amount of predictability between Taiwan Sanyo time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Taiwan Sanyo Electric price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Taiwan Sanyo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Taiwan Sanyo Electric lagged returns against current returns
Autocorrelation, which is Taiwan Sanyo 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 Taiwan Sanyo's stock expected returns. We can calculate the autocorrelation of Taiwan Sanyo returns to help us make a trade decision. For example, suppose you find that Taiwan Sanyo 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 |
Taiwan Sanyo 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 Taiwan Sanyo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taiwan Sanyo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taiwan Sanyo stock over time.
Current vs Lagged Prices |
| Timeline |
Taiwan Sanyo Lagged Returns
When evaluating Taiwan Sanyo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taiwan Sanyo stock have on its future price. Taiwan Sanyo 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, Taiwan Sanyo autocorrelation shows the relationship between Taiwan Sanyo stock current value and its past values and can show if there is a momentum factor associated with investing in Taiwan Sanyo Electric.
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 Taiwan Stock Analysis
When running Taiwan Sanyo's price analysis, check to measure Taiwan Sanyo'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 Taiwan Sanyo is operating at the current time. Most of Taiwan Sanyo's value examination focuses on studying past and present price action to predict the probability of Taiwan Sanyo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Sanyo's price. Additionally, you may evaluate how the addition of Taiwan Sanyo to your portfolios can decrease your overall portfolio volatility.