Lien Hwa (Taiwan) Market Value
| 1229 Stock | TWD 58.40 0.40 0.68% |
| Symbol | Lien |
Lien Hwa '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 Lien Hwa'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 Lien Hwa.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Lien Hwa on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Lien Hwa Industrial or generate 0.0% return on investment in Lien Hwa over 30 days. Lien Hwa is related to or competes with Great Wall, Uni President, and . Lien Hwa Industrial Holdings Corporation produces and sells flour and flour-related products in China, Taiwan, and inter... More
Lien Hwa 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 Lien Hwa'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 Lien Hwa Industrial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 3.7 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.16 |
Lien Hwa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lien Hwa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lien Hwa's standard deviation. In reality, there are many statistical measures that can use Lien Hwa historical prices to predict the future Lien Hwa's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.76) |
Lien Hwa Industrial Backtested Returns
Lien Hwa Industrial has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Lien Hwa exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lien Hwa's Risk Adjusted Performance of (0.09), mean deviation of 0.5438, and Standard Deviation of 0.7871 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lien Hwa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lien Hwa is expected to be smaller as well. At this point, Lien Hwa Industrial has a negative expected return of -0.1%. Please make sure to verify Lien Hwa's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Lien Hwa Industrial performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Lien Hwa Industrial has poor reverse predictability. Overlapping area represents the amount of predictability between Lien Hwa time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Lien Hwa Industrial price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Lien Hwa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Lien Hwa Industrial lagged returns against current returns
Autocorrelation, which is Lien Hwa 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 Lien Hwa's stock expected returns. We can calculate the autocorrelation of Lien Hwa returns to help us make a trade decision. For example, suppose you find that Lien Hwa 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 |
Lien Hwa 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 Lien Hwa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lien Hwa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lien Hwa stock over time.
Current vs Lagged Prices |
| Timeline |
Lien Hwa Lagged Returns
When evaluating Lien Hwa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lien Hwa stock have on its future price. Lien Hwa 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, Lien Hwa autocorrelation shows the relationship between Lien Hwa stock current value and its past values and can show if there is a momentum factor associated with investing in Lien Hwa Industrial.
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 Lien Stock Analysis
When running Lien Hwa's price analysis, check to measure Lien Hwa'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 Lien Hwa is operating at the current time. Most of Lien Hwa's value examination focuses on studying past and present price action to predict the probability of Lien Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lien Hwa's price. Additionally, you may evaluate how the addition of Lien Hwa to your portfolios can decrease your overall portfolio volatility.