Li Peng (Taiwan) Market Value
| 1447 Stock | TWD 7.76 0.02 0.26% |
| Symbol | 1447 |
Li Peng '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 Li Peng'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 Li Peng.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Li Peng on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Li Peng Enterprise or generate 0.0% return on investment in Li Peng over 390 days. Li Peng is related to or competes with GeneFerm Biotechnology, Tang Eng, GeneReach Biotechnology, Tung Ho, Iron Force, Ever Clear, and Wei Chih. Li Peng Enterprise Co., Ltd. manufactures and sells fabrics and yarns primarily in Asia More
Li Peng 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 Li Peng'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 Li Peng Enterprise upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 8.76 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 2.71 |
Li Peng Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Li Peng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Li Peng's standard deviation. In reality, there are many statistical measures that can use Li Peng historical prices to predict the future Li Peng's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.47) |
Li Peng Enterprise Backtested Returns
Li Peng Enterprise retains Efficiency (Sharpe Ratio) of -0.12, which conveys that the firm had a -0.12% return per unit of price deviation over the last 3 months. Li Peng exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Li Peng's Market Risk Adjusted Performance of (0.46), mean deviation of 1.03, and Information Ratio of (0.23) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Li Peng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Li Peng is expected to be smaller as well. At this point, Li Peng Enterprise has a negative expected return of -0.2%. Please make sure to verify Li Peng's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Li Peng Enterprise performance from the past will be repeated in the future.
Auto-correlation | -0.4 |
Poor reverse predictability
Li Peng Enterprise has poor reverse predictability. Overlapping area represents the amount of predictability between Li Peng time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Li Peng Enterprise price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Li Peng price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Li Peng Enterprise lagged returns against current returns
Autocorrelation, which is Li Peng 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 Li Peng's stock expected returns. We can calculate the autocorrelation of Li Peng returns to help us make a trade decision. For example, suppose you find that Li Peng 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 |
Li Peng 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 Li Peng stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Li Peng stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Li Peng stock over time.
Current vs Lagged Prices |
| Timeline |
Li Peng Lagged Returns
When evaluating Li Peng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Li Peng stock have on its future price. Li Peng 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, Li Peng autocorrelation shows the relationship between Li Peng stock current value and its past values and can show if there is a momentum factor associated with investing in Li Peng 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 1447 Stock Analysis
When running Li Peng's price analysis, check to measure Li Peng'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 Li Peng is operating at the current time. Most of Li Peng's value examination focuses on studying past and present price action to predict the probability of Li Peng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Li Peng's price. Additionally, you may evaluate how the addition of Li Peng to your portfolios can decrease your overall portfolio volatility.