Nan Liu (Taiwan) Market Value
| 6504 Stock | TWD 67.50 0.90 1.32% |
| Symbol | Nan |
Nan Liu '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 Nan Liu'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 Nan Liu.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Nan Liu on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Nan Liu Enterprise or generate 0.0% return on investment in Nan Liu over 180 days. Nan Liu is related to or competes with Makalot Industrial, President Chain, Ruentex Development, Eclat Textile, and KNH Enterprise. Nan Liu Enterprise Co., Ltd. manufactures and sells household goods in Taiwan More
Nan Liu 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 Nan Liu'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 Nan Liu Enterprise upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.17 |
Nan Liu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nan Liu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nan Liu's standard deviation. In reality, there are many statistical measures that can use Nan Liu historical prices to predict the future Nan Liu's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 2.89 |
Nan Liu Enterprise Backtested Returns
Nan Liu Enterprise has Sharpe Ratio of -0.0683, which conveys that the firm had a -0.0683% return per unit of risk over the last 3 months. Nan Liu exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nan Liu's Standard Deviation of 0.812, mean deviation of 0.5528, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0266, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nan Liu are expected to decrease at a much lower rate. During the bear market, Nan Liu is likely to outperform the market. At this point, Nan Liu Enterprise has a negative expected return of -0.0566%. Please make sure to verify Nan Liu's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Nan Liu Enterprise performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Nan Liu Enterprise has virtually no predictability. Overlapping area represents the amount of predictability between Nan Liu time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 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 Nan Liu Enterprise price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Nan Liu price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1.01 |
Nan Liu Enterprise lagged returns against current returns
Autocorrelation, which is Nan Liu 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 Nan Liu's stock expected returns. We can calculate the autocorrelation of Nan Liu returns to help us make a trade decision. For example, suppose you find that Nan Liu 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 |
Nan Liu 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 Nan Liu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nan Liu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nan Liu stock over time.
Current vs Lagged Prices |
| Timeline |
Nan Liu Lagged Returns
When evaluating Nan Liu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nan Liu stock have on its future price. Nan Liu 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, Nan Liu autocorrelation shows the relationship between Nan Liu stock current value and its past values and can show if there is a momentum factor associated with investing in Nan Liu Enterprise.
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 Nan Stock Analysis
When running Nan Liu's price analysis, check to measure Nan Liu'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 Nan Liu is operating at the current time. Most of Nan Liu's value examination focuses on studying past and present price action to predict the probability of Nan Liu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nan Liu's price. Additionally, you may evaluate how the addition of Nan Liu to your portfolios can decrease your overall portfolio volatility.