De Licacy (Taiwan) Market Value
| 1464 Stock | TWD 15.45 0.25 1.59% |
| Symbol | 1464 |
De Licacy '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 De Licacy'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 De Licacy.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in De Licacy on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding De Licacy Industrial or generate 0.0% return on investment in De Licacy over 720 days. De Licacy is related to or competes with Taiwan Semiconductor, Hon Hai, MediaTek, Chunghwa Telecom, Chailease Holding, Delta Electronics, and Formosa Petrochemical. De Licacy Industrial Co., Ltd. engages in the research and development, manufacture, and sale of fabrics in Taiwan More
De Licacy 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 De Licacy'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 De Licacy Industrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | 0.057 | |||
| Maximum Drawdown | 15.07 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 4.25 |
De Licacy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for De Licacy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as De Licacy's standard deviation. In reality, there are many statistical measures that can use De Licacy historical prices to predict the future De Licacy's volatility.| Risk Adjusted Performance | 0.0882 | |||
| Jensen Alpha | 0.18 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0556 | |||
| Treynor Ratio | 0.5075 |
De Licacy Industrial Backtested Returns
De Licacy appears to be not too volatile, given 3 months investment horizon. De Licacy Industrial retains Efficiency (Sharpe Ratio) of 0.11, which denotes the company had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for De Licacy, which you can use to evaluate the volatility of the firm. Please utilize De Licacy's Downside Deviation of 2.24, standard deviation of 2.18, and Market Risk Adjusted Performance of 0.5175 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, De Licacy holds a performance score of 8. The firm owns a Beta (Systematic Risk) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, De Licacy's returns are expected to increase less than the market. However, during the bear market, the loss of holding De Licacy is expected to be smaller as well. Please check De Licacy's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether De Licacy's current price history will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
De Licacy Industrial has poor reverse predictability. Overlapping area represents the amount of predictability between De Licacy time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 De Licacy Industrial price movement. The serial correlation of -0.4 indicates that just about 40.0% of current De Licacy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
De Licacy Industrial lagged returns against current returns
Autocorrelation, which is De Licacy 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 De Licacy's stock expected returns. We can calculate the autocorrelation of De Licacy returns to help us make a trade decision. For example, suppose you find that De Licacy 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 |
De Licacy 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 De Licacy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if De Licacy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in De Licacy stock over time.
Current vs Lagged Prices |
| Timeline |
De Licacy Lagged Returns
When evaluating De Licacy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of De Licacy stock have on its future price. De Licacy 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, De Licacy autocorrelation shows the relationship between De Licacy stock current value and its past values and can show if there is a momentum factor associated with investing in De Licacy Industrial.
Regressed Prices |
| Timeline |
Also Currently Popular
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 1464 Stock Analysis
When running De Licacy's price analysis, check to measure De Licacy'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 De Licacy is operating at the current time. Most of De Licacy's value examination focuses on studying past and present price action to predict the probability of De Licacy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move De Licacy's price. Additionally, you may evaluate how the addition of De Licacy to your portfolios can decrease your overall portfolio volatility.