USI Corp (Taiwan) Market Value
| 1304 Stock | TWD 13.40 0.10 0.75% |
| Symbol | USI |
USI Corp '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 USI Corp'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 USI Corp.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in USI Corp on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding USI Corp or generate 0.0% return on investment in USI Corp over 30 days. USI Corp is related to or competes with Asia Polymer, Taiwan Styrene, UPC Technology, China Petrochemical, and Grand Pacific. USI Corporation designs, develops, manufactures, and sells polyethylene plastic pellets in Asia, the United States, Euro... More
USI Corp 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 USI Corp'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 USI Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 3.57 |
USI Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USI Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USI Corp's standard deviation. In reality, there are many statistical measures that can use USI Corp historical prices to predict the future USI Corp's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.42) |
USI Corp Backtested Returns
USI Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0767, which indicates the firm had a -0.0767% return per unit of volatility over the last 3 months. USI Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate USI Corp's risk adjusted performance of (0.06), and Variance of 3.76 to confirm the risk estimate we provide. The entity has a beta of 0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, USI Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding USI Corp is expected to be smaller as well. At this point, USI Corp has a negative expected return of -0.15%. Please make sure to validate USI Corp's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if USI Corp performance from the past will be repeated at some future point.
Auto-correlation | 0.30 |
Below average predictability
USI Corp has below average predictability. Overlapping area represents the amount of predictability between USI Corp 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 USI Corp price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current USI Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
USI Corp lagged returns against current returns
Autocorrelation, which is USI Corp 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 USI Corp's stock expected returns. We can calculate the autocorrelation of USI Corp returns to help us make a trade decision. For example, suppose you find that USI Corp 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 |
USI Corp 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 USI Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USI Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USI Corp stock over time.
Current vs Lagged Prices |
| Timeline |
USI Corp Lagged Returns
When evaluating USI Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USI Corp stock have on its future price. USI Corp 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, USI Corp autocorrelation shows the relationship between USI Corp stock current value and its past values and can show if there is a momentum factor associated with investing in USI 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 USI Stock Analysis
When running USI Corp's price analysis, check to measure USI Corp'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 USI Corp is operating at the current time. Most of USI Corp's value examination focuses on studying past and present price action to predict the probability of USI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move USI Corp's price. Additionally, you may evaluate how the addition of USI Corp to your portfolios can decrease your overall portfolio volatility.