C Sun (Taiwan) Market Value
| 2467 Stock | TWD 199.00 5.00 2.45% |
| Symbol | 2467 |
C Sun '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 C Sun'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 C Sun.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in C Sun on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding C Sun Manufacturing or generate 0.0% return on investment in C Sun over 180 days. C Sun is related to or competes with TA I, G Shank, Siward Crystal, Mirle Automation, and Lelon Electronics. It offers printed circuit board processing equipment, including exposure systems, preheaters, laminatorscoaters, and Myl... More
C Sun 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 C Sun'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 C Sun Manufacturing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 15.81 | |||
| Value At Risk | (4.25) | |||
| Potential Upside | 7.41 |
C Sun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for C Sun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as C Sun's standard deviation. In reality, there are many statistical measures that can use C Sun historical prices to predict the future C Sun's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | 1.19 |
C Sun Manufacturing Backtested Returns
C Sun Manufacturing secures Sharpe Ratio (or Efficiency) of -0.0433, which signifies that the company had a -0.0433% return per unit of volatility over the last 3 months. C Sun Manufacturing exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm C Sun's Mean Deviation of 2.29, variance of 10.2, and Market Risk Adjusted Performance of 1.2 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning C Sun are expected to decrease at a much lower rate. During the bear market, C Sun is likely to outperform the market. At this point, C Sun Manufacturing has a negative expected return of -0.14%. Please make sure to confirm C Sun's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if C Sun Manufacturing performance from the past will be repeated sooner or later.
Auto-correlation | -0.24 |
Weak reverse predictability
C Sun Manufacturing has weak reverse predictability. Overlapping area represents the amount of predictability between C Sun time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 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 C Sun Manufacturing price movement. The serial correlation of -0.24 indicates that over 24.0% of current C Sun price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 111.13 |
C Sun Manufacturing lagged returns against current returns
Autocorrelation, which is C Sun 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 C Sun's stock expected returns. We can calculate the autocorrelation of C Sun returns to help us make a trade decision. For example, suppose you find that C Sun 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 |
C Sun 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 C Sun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if C Sun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in C Sun stock over time.
Current vs Lagged Prices |
| Timeline |
C Sun Lagged Returns
When evaluating C Sun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of C Sun stock have on its future price. C Sun 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, C Sun autocorrelation shows the relationship between C Sun stock current value and its past values and can show if there is a momentum factor associated with investing in C Sun Manufacturing.
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 2467 Stock Analysis
When running C Sun's price analysis, check to measure C Sun'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 C Sun is operating at the current time. Most of C Sun's value examination focuses on studying past and present price action to predict the probability of C Sun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C Sun's price. Additionally, you may evaluate how the addition of C Sun to your portfolios can decrease your overall portfolio volatility.