Ying Han (Taiwan) Market Value
| 4562 Stock | TWD 71.40 1.80 2.59% |
| Symbol | Ying |
Ying Han '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 Ying Han'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 Ying Han.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Ying Han on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Ying Han Technology or generate 0.0% return on investment in Ying Han over 30 days. Ying Han is related to or competes with Turvo International, Sanyang, Global PMX, Yulon Nissan, and Cayman Engley. Ying Han Technology Co., Ltd. manufactures, supplies, and sells tube and pipe bending machinery in Taiwan and internatio... More
Ying Han 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 Ying Han'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 Ying Han Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.0218 | |||
| Maximum Drawdown | 18.43 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 9.89 |
Ying Han Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ying Han's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ying Han's standard deviation. In reality, there are many statistical measures that can use Ying Han historical prices to predict the future Ying Han's volatility.| Risk Adjusted Performance | 0.032 | |||
| Jensen Alpha | 0.1019 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | 0.0282 | |||
| Treynor Ratio | 8.37 |
Ying Han Technology Backtested Returns
Ying Han appears to be very steady, given 3 months investment horizon. Ying Han Technology shows Sharpe Ratio of 0.0805, which attests that the company had a 0.0805% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ying Han Technology, which you can use to evaluate the volatility of the company. Please utilize Ying Han's Downside Deviation of 2.84, market risk adjusted performance of 8.38, and Mean Deviation of 2.58 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ying Han holds a performance score of 6. The firm maintains a market beta of 0.0122, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ying Han's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ying Han is expected to be smaller as well. Please check Ying Han's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Ying Han's historical returns will revert.
Auto-correlation | -0.42 |
Modest reverse predictability
Ying Han Technology has modest reverse predictability. Overlapping area represents the amount of predictability between Ying Han time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Ying Han Technology price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Ying Han price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 6.86 |
Ying Han Technology lagged returns against current returns
Autocorrelation, which is Ying Han 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 Ying Han's stock expected returns. We can calculate the autocorrelation of Ying Han returns to help us make a trade decision. For example, suppose you find that Ying Han 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 |
Ying Han 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 Ying Han stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ying Han stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ying Han stock over time.
Current vs Lagged Prices |
| Timeline |
Ying Han Lagged Returns
When evaluating Ying Han's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ying Han stock have on its future price. Ying Han 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, Ying Han autocorrelation shows the relationship between Ying Han stock current value and its past values and can show if there is a momentum factor associated with investing in Ying Han Technology.
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 Ying Stock Analysis
When running Ying Han's price analysis, check to measure Ying Han'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 Ying Han is operating at the current time. Most of Ying Han's value examination focuses on studying past and present price action to predict the probability of Ying Han's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ying Han's price. Additionally, you may evaluate how the addition of Ying Han to your portfolios can decrease your overall portfolio volatility.