BizLink Holding (Taiwan) Market Value
| 3665 Stock | TWD 647.00 43.00 7.12% |
| Symbol | BizLink |
BizLink Holding '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 BizLink Holding'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 BizLink Holding.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in BizLink Holding on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding BizLink Holding or generate 0.0% return on investment in BizLink Holding over 540 days. BizLink Holding is related to or competes with Hota Industrial, Chroma ATE, Sinbon Electronics, Tong Hsing, and Flexium Interconnect. Bizlink Holding Inc. researches, designs, develops, manufactures, and sells various technological products and component... More
BizLink Holding 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 BizLink Holding'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 BizLink Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.93 | |||
| Information Ratio | 0.0961 | |||
| Maximum Drawdown | 15.85 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 5.47 |
BizLink Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BizLink Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BizLink Holding's standard deviation. In reality, there are many statistical measures that can use BizLink Holding historical prices to predict the future BizLink Holding's volatility.| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 0.3868 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.105 | |||
| Treynor Ratio | 1.37 |
BizLink Holding Backtested Returns
BizLink Holding appears to be very steady, given 3 months investment horizon. BizLink Holding secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. By analyzing BizLink Holding's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please makes use of BizLink Holding's Downside Deviation of 2.93, risk adjusted performance of 0.1113, and Mean Deviation of 2.33 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BizLink Holding holds a performance score of 16. The firm shows a Beta (market volatility) of 0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BizLink Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding BizLink Holding is expected to be smaller as well. Please check BizLink Holding's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether BizLink Holding's price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
BizLink Holding has very good reverse predictability. Overlapping area represents the amount of predictability between BizLink Holding time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 BizLink Holding price movement. The serial correlation of -0.69 indicates that around 69.0% of current BizLink Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 9306.94 |
BizLink Holding lagged returns against current returns
Autocorrelation, which is BizLink Holding 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 BizLink Holding's stock expected returns. We can calculate the autocorrelation of BizLink Holding returns to help us make a trade decision. For example, suppose you find that BizLink Holding 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 |
BizLink Holding 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 BizLink Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BizLink Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BizLink Holding stock over time.
Current vs Lagged Prices |
| Timeline |
BizLink Holding Lagged Returns
When evaluating BizLink Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BizLink Holding stock have on its future price. BizLink Holding 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, BizLink Holding autocorrelation shows the relationship between BizLink Holding stock current value and its past values and can show if there is a momentum factor associated with investing in BizLink Holding.
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 BizLink Stock Analysis
When running BizLink Holding's price analysis, check to measure BizLink Holding'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 BizLink Holding is operating at the current time. Most of BizLink Holding's value examination focuses on studying past and present price action to predict the probability of BizLink Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BizLink Holding's price. Additionally, you may evaluate how the addition of BizLink Holding to your portfolios can decrease your overall portfolio volatility.