Falcon Power (Taiwan) Market Value
| 1516 Stock | TWD 17.70 0.40 2.21% |
| Symbol | Falcon |
Falcon Power '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 Falcon Power'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 Falcon Power.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Falcon Power on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Falcon Power Co or generate 0.0% return on investment in Falcon Power over 360 days. Falcon Power is related to or competes with Yulon, Far Eastern, China Steel, Chang Hwa, and Oriental Union. Falcon Power Co., Ltd. engages in developing energy products More
Falcon Power 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 Falcon Power'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 Falcon Power Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 13.27 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 1.78 |
Falcon Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Falcon Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Falcon Power's standard deviation. In reality, there are many statistical measures that can use Falcon Power historical prices to predict the future Falcon Power's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 2.84 |
Falcon Power Backtested Returns
Falcon Power secures Sharpe Ratio (or Efficiency) of -0.0869, which denotes the company had a -0.0869% return per unit of risk over the last 3 months. Falcon Power Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Falcon Power's Mean Deviation of 1.24, variance of 4.27, and Standard Deviation of 2.07 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0678, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Falcon Power are expected to decrease at a much lower rate. During the bear market, Falcon Power is likely to outperform the market. At this point, Falcon Power has a negative expected return of -0.18%. Please make sure to confirm Falcon Power's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Falcon Power performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Falcon Power Co has weak reverse predictability. Overlapping area represents the amount of predictability between Falcon Power time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 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 Falcon Power price movement. The serial correlation of -0.25 indicates that over 25.0% of current Falcon Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 5.08 |
Falcon Power lagged returns against current returns
Autocorrelation, which is Falcon Power 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 Falcon Power's stock expected returns. We can calculate the autocorrelation of Falcon Power returns to help us make a trade decision. For example, suppose you find that Falcon Power 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 |
Falcon Power 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 Falcon Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Falcon Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Falcon Power stock over time.
Current vs Lagged Prices |
| Timeline |
Falcon Power Lagged Returns
When evaluating Falcon Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Falcon Power stock have on its future price. Falcon Power 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, Falcon Power autocorrelation shows the relationship between Falcon Power stock current value and its past values and can show if there is a momentum factor associated with investing in Falcon Power Co.
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 Falcon Stock Analysis
When running Falcon Power's price analysis, check to measure Falcon Power'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 Falcon Power is operating at the current time. Most of Falcon Power's value examination focuses on studying past and present price action to predict the probability of Falcon Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Falcon Power's price. Additionally, you may evaluate how the addition of Falcon Power to your portfolios can decrease your overall portfolio volatility.