Farcent Enterprise (Taiwan) Market Value
| 1730 Stock | 54.00 0.20 0.37% |
| Symbol | Farcent |
Farcent Enterprise '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 Farcent Enterprise'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 Farcent Enterprise.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Farcent Enterprise on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Farcent Enterprise Co or generate 0.0% return on investment in Farcent Enterprise over 90 days. Farcent Enterprise is related to or competes with Charoen Pokphand, Yung Chi, TTET Union, Taiwan Secom, and Lian Hwa. Farcent Enterprise Co., Ltd offer air and home care solutions in Taiwan, Mainland China, and Thailand. More
Farcent Enterprise 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 Farcent Enterprise'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 Farcent Enterprise Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.436 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 2.59 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.9398 |
Farcent Enterprise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Farcent Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Farcent Enterprise's standard deviation. In reality, there are many statistical measures that can use Farcent Enterprise historical prices to predict the future Farcent Enterprise's volatility.| Risk Adjusted Performance | 0.0213 | |||
| Jensen Alpha | 0.0201 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | (0.05) |
Farcent Enterprise Backtested Returns
At this stage we consider Farcent Stock to be very steady. Farcent Enterprise secures Sharpe Ratio (or Efficiency) of 0.0399, which denotes the company had a 0.0399% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Farcent Enterprise Co, which you can use to evaluate the volatility of the firm. Please confirm Farcent Enterprise's Mean Deviation of 0.2612, downside deviation of 0.436, and Coefficient Of Variation of 2506.72 to check if the risk estimate we provide is consistent with the expected return of 0.0165%. Farcent Enterprise has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Farcent Enterprise are expected to decrease at a much lower rate. During the bear market, Farcent Enterprise is likely to outperform the market. Farcent Enterprise right now shows a risk of 0.41%. Please confirm Farcent Enterprise jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Farcent Enterprise will be following its price patterns.
Auto-correlation | -0.31 |
Poor reverse predictability
Farcent Enterprise Co has poor reverse predictability. Overlapping area represents the amount of predictability between Farcent Enterprise time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Farcent Enterprise price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Farcent Enterprise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Farcent Enterprise lagged returns against current returns
Autocorrelation, which is Farcent Enterprise 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 Farcent Enterprise's stock expected returns. We can calculate the autocorrelation of Farcent Enterprise returns to help us make a trade decision. For example, suppose you find that Farcent Enterprise 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 |
Farcent Enterprise 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 Farcent Enterprise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Farcent Enterprise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Farcent Enterprise stock over time.
Current vs Lagged Prices |
| Timeline |
Farcent Enterprise Lagged Returns
When evaluating Farcent Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Farcent Enterprise stock have on its future price. Farcent Enterprise 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, Farcent Enterprise autocorrelation shows the relationship between Farcent Enterprise stock current value and its past values and can show if there is a momentum factor associated with investing in Farcent Enterprise Co.
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 Farcent Stock Analysis
When running Farcent Enterprise's price analysis, check to measure Farcent Enterprise'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 Farcent Enterprise is operating at the current time. Most of Farcent Enterprise's value examination focuses on studying past and present price action to predict the probability of Farcent Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farcent Enterprise's price. Additionally, you may evaluate how the addition of Farcent Enterprise to your portfolios can decrease your overall portfolio volatility.