Gem Terminal (Taiwan) Market Value
| 2460 Stock | TWD 23.15 0.30 1.28% |
| Symbol | Gem |
Gem Terminal '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 Gem Terminal'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 Gem Terminal.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Gem Terminal on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Gem Terminal Industry or generate 0.0% return on investment in Gem Terminal over 30 days. Gem Terminal is related to or competes with Yang Ming, Evergreen Marine, Eva Airways, and U Ming. GEM Terminal Ind. Co., Ltd. manufactures and sells AC terminals and plug inserts for power cords in Taiwan and internationally. More
Gem Terminal 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 Gem Terminal'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 Gem Terminal Industry upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 15.7 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 2.48 |
Gem Terminal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gem Terminal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gem Terminal's standard deviation. In reality, there are many statistical measures that can use Gem Terminal historical prices to predict the future Gem Terminal's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (14.59) |
Gem Terminal Industry Backtested Returns
Gem Terminal Industry holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Gem Terminal Industry exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gem Terminal's Risk Adjusted Performance of (0.11), market risk adjusted performance of (14.58), and Standard Deviation of 2.44 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0245, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gem Terminal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gem Terminal is expected to be smaller as well. At this point, Gem Terminal Industry has a negative expected return of -0.36%. Please make sure to check out Gem Terminal's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Gem Terminal Industry performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Gem Terminal Industry has insignificant reverse predictability. Overlapping area represents the amount of predictability between Gem Terminal time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Gem Terminal Industry price movement. The serial correlation of -0.16 indicates that over 16.0% of current Gem Terminal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.17 |
Gem Terminal Industry lagged returns against current returns
Autocorrelation, which is Gem Terminal 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 Gem Terminal's stock expected returns. We can calculate the autocorrelation of Gem Terminal returns to help us make a trade decision. For example, suppose you find that Gem Terminal 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 |
Gem Terminal 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 Gem Terminal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gem Terminal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gem Terminal stock over time.
Current vs Lagged Prices |
| Timeline |
Gem Terminal Lagged Returns
When evaluating Gem Terminal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gem Terminal stock have on its future price. Gem Terminal 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, Gem Terminal autocorrelation shows the relationship between Gem Terminal stock current value and its past values and can show if there is a momentum factor associated with investing in Gem Terminal Industry.
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 Gem Stock Analysis
When running Gem Terminal's price analysis, check to measure Gem Terminal'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 Gem Terminal is operating at the current time. Most of Gem Terminal's value examination focuses on studying past and present price action to predict the probability of Gem Terminal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gem Terminal's price. Additionally, you may evaluate how the addition of Gem Terminal to your portfolios can decrease your overall portfolio volatility.