Chiu Ting (Taiwan) Market Value
| 1539 Stock | TWD 25.60 0.60 2.40% |
| Symbol | Chiu |
Chiu Ting '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 Chiu Ting'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 Chiu Ting.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Chiu Ting on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Chiu Ting Machinery or generate 0.0% return on investment in Chiu Ting over 30 days. Chiu Ting is related to or competes with Sunny Friend, TTET Union, ECOVE Environment, and Yulon Finance. Chiu Ting Machinery Co., Ltd. designs, manufactures, and sells bench top and stationery woodworking machinery worldwide More
Chiu Ting 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 Chiu Ting'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 Chiu Ting Machinery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | 0.0031 | |||
| Maximum Drawdown | 19.89 | |||
| Value At Risk | (5.10) | |||
| Potential Upside | 9.86 |
Chiu Ting Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chiu Ting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chiu Ting's standard deviation. In reality, there are many statistical measures that can use Chiu Ting historical prices to predict the future Chiu Ting's volatility.| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | 0.222 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0034 | |||
| Treynor Ratio | (0.18) |
Chiu Ting Machinery Backtested Returns
At this stage we consider Chiu Stock to be not too volatile. Chiu Ting Machinery secures Sharpe Ratio (or Efficiency) of 0.0397, which signifies that the company had a 0.0397% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Chiu Ting Machinery, which you can use to evaluate the volatility of the firm. Please confirm Chiu Ting's Risk Adjusted Performance of 0.0378, downside deviation of 3.36, and Mean Deviation of 2.44 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Chiu Ting has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Chiu Ting are expected to decrease at a much lower rate. During the bear market, Chiu Ting is likely to outperform the market. Chiu Ting Machinery right now shows a risk of 3.76%. Please confirm Chiu Ting Machinery mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Chiu Ting Machinery will be following its price patterns.
Auto-correlation | 0.38 |
Below average predictability
Chiu Ting Machinery has below average predictability. Overlapping area represents the amount of predictability between Chiu Ting time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Chiu Ting Machinery price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Chiu Ting price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Chiu Ting Machinery lagged returns against current returns
Autocorrelation, which is Chiu Ting 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 Chiu Ting's stock expected returns. We can calculate the autocorrelation of Chiu Ting returns to help us make a trade decision. For example, suppose you find that Chiu Ting 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 |
Chiu Ting 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 Chiu Ting stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chiu Ting stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chiu Ting stock over time.
Current vs Lagged Prices |
| Timeline |
Chiu Ting Lagged Returns
When evaluating Chiu Ting's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chiu Ting stock have on its future price. Chiu Ting 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, Chiu Ting autocorrelation shows the relationship between Chiu Ting stock current value and its past values and can show if there is a momentum factor associated with investing in Chiu Ting Machinery.
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 Chiu Stock Analysis
When running Chiu Ting's price analysis, check to measure Chiu Ting'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 Chiu Ting is operating at the current time. Most of Chiu Ting's value examination focuses on studying past and present price action to predict the probability of Chiu Ting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chiu Ting's price. Additionally, you may evaluate how the addition of Chiu Ting to your portfolios can decrease your overall portfolio volatility.