Sinon Corp (Taiwan) Market Value
| 1712 Stock | TWD 45.25 0.20 0.44% |
| Symbol | Sinon |
Sinon Corp '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 Sinon Corp'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 Sinon Corp.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Sinon Corp on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Sinon Corp or generate 0.0% return on investment in Sinon Corp over 720 days. Sinon Corp is related to or competes with Eternal Materials, Taiwan Fertilizer, Sesoda Corp, Oriental Union, and Taiwan Cement. Sinon Corporation manufactures and sells crop protection and nutrient solutions in Taiwan and internationally More
Sinon Corp 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 Sinon Corp'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 Sinon Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.92 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.99 |
Sinon Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinon Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinon Corp's standard deviation. In reality, there are many statistical measures that can use Sinon Corp historical prices to predict the future Sinon Corp's volatility.| Risk Adjusted Performance | 0.036 | |||
| Jensen Alpha | 0.0282 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2299 |
Sinon Corp Backtested Returns
At this stage we consider Sinon Stock to be out of control. Sinon Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0592, which indicates the firm had a 0.0592% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sinon Corp, which you can use to evaluate the volatility of the company. Please validate Sinon Corp's Risk Adjusted Performance of 0.036, coefficient of variation of 2542.27, and Semi Deviation of 1.7 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Sinon Corp has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sinon Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinon Corp is expected to be smaller as well. Sinon Corp right now has a risk of 1.84%. Please validate Sinon Corp coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Sinon Corp will be following its existing price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Sinon Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Sinon Corp time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Sinon Corp price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Sinon Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 5.83 |
Sinon Corp lagged returns against current returns
Autocorrelation, which is Sinon Corp 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 Sinon Corp's stock expected returns. We can calculate the autocorrelation of Sinon Corp returns to help us make a trade decision. For example, suppose you find that Sinon Corp 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 |
Sinon Corp 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 Sinon Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinon Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinon Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Sinon Corp Lagged Returns
When evaluating Sinon Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinon Corp stock have on its future price. Sinon Corp 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, Sinon Corp autocorrelation shows the relationship between Sinon Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Sinon Corp.
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 Sinon Stock Analysis
When running Sinon Corp's price analysis, check to measure Sinon Corp'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 Sinon Corp is operating at the current time. Most of Sinon Corp's value examination focuses on studying past and present price action to predict the probability of Sinon Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinon Corp's price. Additionally, you may evaluate how the addition of Sinon Corp to your portfolios can decrease your overall portfolio volatility.