Lee Chi (Taiwan) Market Value
| 1517 Stock | 14.15 0.35 2.41% |
| Symbol | Lee |
Lee Chi '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 Lee Chi'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 Lee Chi.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Lee Chi on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Lee Chi Enterprises or generate 0.0% return on investment in Lee Chi over 720 days. Lee Chi is related to or competes with Yulon Finance, Taiwan Secom, and Great Wall. Leechi Machinery Industry Ltd. Co. manufactures and sells bicycle components in Taiwan and internationally. More
Lee Chi 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 Lee Chi'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 Lee Chi Enterprises upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 4.0 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 0.9375 |
Lee Chi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lee Chi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lee Chi's standard deviation. In reality, there are many statistical measures that can use Lee Chi historical prices to predict the future Lee Chi's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 9.32 |
Lee Chi Enterprises Backtested Returns
Lee Chi Enterprises has Sharpe Ratio of -0.25, which conveys that the firm had a -0.25% return per unit of risk over the last 3 months. Lee Chi exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lee Chi's Standard Deviation of 0.8312, mean deviation of 0.5868, and Risk Adjusted Performance of (0.14) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0172, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lee Chi are expected to decrease at a much lower rate. During the bear market, Lee Chi is likely to outperform the market. At this point, Lee Chi Enterprises has a negative expected return of -0.22%. Please make sure to verify Lee Chi's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Lee Chi Enterprises performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Lee Chi Enterprises has virtually no predictability. Overlapping area represents the amount of predictability between Lee Chi time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Lee Chi Enterprises price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Lee Chi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
Lee Chi Enterprises lagged returns against current returns
Autocorrelation, which is Lee Chi 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 Lee Chi's stock expected returns. We can calculate the autocorrelation of Lee Chi returns to help us make a trade decision. For example, suppose you find that Lee Chi 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 |
Lee Chi 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 Lee Chi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lee Chi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lee Chi stock over time.
Current vs Lagged Prices |
| Timeline |
Lee Chi Lagged Returns
When evaluating Lee Chi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lee Chi stock have on its future price. Lee Chi 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, Lee Chi autocorrelation shows the relationship between Lee Chi stock current value and its past values and can show if there is a momentum factor associated with investing in Lee Chi Enterprises.
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 Lee Stock Analysis
When running Lee Chi's price analysis, check to measure Lee Chi'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 Lee Chi is operating at the current time. Most of Lee Chi's value examination focuses on studying past and present price action to predict the probability of Lee Chi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lee Chi's price. Additionally, you may evaluate how the addition of Lee Chi to your portfolios can decrease your overall portfolio volatility.