Thunder Tiger (Taiwan) Market Value
| 8033 Stock | TWD 57.00 1.50 2.70% |
| Symbol | Thunder |
Thunder Tiger '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 Thunder Tiger'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 Thunder Tiger.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Thunder Tiger on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Thunder Tiger Corp or generate 0.0% return on investment in Thunder Tiger over 90 days. Thunder Tiger is related to or competes with Gloria Material, Ton Yi, Acbel Polytech, Sincere Navigation, and Aero Win. Thunder Tiger Corp. primarily manufactures and sells RC cars worldwide More
Thunder Tiger 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 Thunder Tiger'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 Thunder Tiger Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.19 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.93 |
Thunder Tiger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thunder Tiger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thunder Tiger's standard deviation. In reality, there are many statistical measures that can use Thunder Tiger historical prices to predict the future Thunder Tiger's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.1) |
Thunder Tiger Corp Backtested Returns
At this stage we consider Thunder Stock to be very steady. Thunder Tiger Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0025, which indicates the firm had a 0.0025% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Thunder Tiger Corp, which you can use to evaluate the volatility of the company. Please validate Thunder Tiger's Coefficient Of Variation of (3,427), risk adjusted performance of (0.02), and Variance of 4.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.0054%. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thunder Tiger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thunder Tiger is expected to be smaller as well. Thunder Tiger Corp right now has a risk of 2.13%. Please validate Thunder Tiger treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Thunder Tiger will be following its existing price patterns.
Auto-correlation | 0.01 |
Virtually no predictability
Thunder Tiger Corp has virtually no predictability. Overlapping area represents the amount of predictability between Thunder Tiger time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 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 Thunder Tiger Corp price movement. The serial correlation of 0.01 indicates that just 1.0% of current Thunder Tiger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 2.55 |
Thunder Tiger Corp lagged returns against current returns
Autocorrelation, which is Thunder Tiger 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 Thunder Tiger's stock expected returns. We can calculate the autocorrelation of Thunder Tiger returns to help us make a trade decision. For example, suppose you find that Thunder Tiger 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 |
Thunder Tiger 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 Thunder Tiger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thunder Tiger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thunder Tiger stock over time.
Current vs Lagged Prices |
| Timeline |
Thunder Tiger Lagged Returns
When evaluating Thunder Tiger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thunder Tiger stock have on its future price. Thunder Tiger 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, Thunder Tiger autocorrelation shows the relationship between Thunder Tiger stock current value and its past values and can show if there is a momentum factor associated with investing in Thunder Tiger Corp.
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 Thunder Stock Analysis
When running Thunder Tiger's price analysis, check to measure Thunder Tiger'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 Thunder Tiger is operating at the current time. Most of Thunder Tiger's value examination focuses on studying past and present price action to predict the probability of Thunder Tiger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunder Tiger's price. Additionally, you may evaluate how the addition of Thunder Tiger to your portfolios can decrease your overall portfolio volatility.