Chun Yu (Taiwan) Market Value
| 2012 Stock | TWD 26.35 0.85 3.33% |
| Symbol | Chun |
Chun Yu '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 Chun Yu'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 Chun Yu.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Chun Yu on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Chun Yu Works or generate 0.0% return on investment in Chun Yu over 510 days. Chun Yu is related to or competes with Chun Yuan, China Steel, Chung Hung, Quintain Steel, and First Copper. Chun Yu Works Co., Ltd. manufactures and sells various fastener products in Taiwan, Hong Kong, the United States, and in... More
Chun Yu 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 Chun Yu'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 Chun Yu Works upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 8.02 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.67 |
Chun Yu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chun Yu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chun Yu's standard deviation. In reality, there are many statistical measures that can use Chun Yu historical prices to predict the future Chun Yu's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.1) |
Chun Yu Works Backtested Returns
Chun Yu Works secures Sharpe Ratio (or Efficiency) of -0.0292, which signifies that the company had a -0.0292% return per unit of risk over the last 3 months. Chun Yu Works exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chun Yu's Mean Deviation of 1.07, standard deviation of 1.58, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chun Yu's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chun Yu is expected to be smaller as well. At this point, Chun Yu Works has a negative expected return of -0.0472%. Please make sure to confirm Chun Yu's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Chun Yu Works performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Chun Yu Works has modest reverse predictability. Overlapping area represents the amount of predictability between Chun Yu time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Chun Yu Works price movement. The serial correlation of -0.48 indicates that about 48.0% of current Chun Yu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.24 |
Chun Yu Works lagged returns against current returns
Autocorrelation, which is Chun Yu 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 Chun Yu's stock expected returns. We can calculate the autocorrelation of Chun Yu returns to help us make a trade decision. For example, suppose you find that Chun Yu 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 |
Chun Yu 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 Chun Yu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chun Yu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chun Yu stock over time.
Current vs Lagged Prices |
| Timeline |
Chun Yu Lagged Returns
When evaluating Chun Yu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chun Yu stock have on its future price. Chun Yu 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, Chun Yu autocorrelation shows the relationship between Chun Yu stock current value and its past values and can show if there is a momentum factor associated with investing in Chun Yu Works.
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 Chun Stock Analysis
When running Chun Yu's price analysis, check to measure Chun Yu'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 Chun Yu is operating at the current time. Most of Chun Yu's value examination focuses on studying past and present price action to predict the probability of Chun Yu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chun Yu's price. Additionally, you may evaluate how the addition of Chun Yu to your portfolios can decrease your overall portfolio volatility.