International CSRC (Taiwan) Market Value
| 2104 Stock | TWD 15.50 0.15 0.96% |
| Symbol | International |
International CSRC '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 International CSRC'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 International CSRC.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in International CSRC on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding International CSRC Investment or generate 0.0% return on investment in International CSRC over 60 days. International CSRC is related to or competes with China Man, China Petrochemical, and Yulon. International CSRC Investment Holdings Co., Ltd More
International CSRC 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 International CSRC'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 International CSRC Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 5.89 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.65 |
International CSRC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International CSRC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International CSRC's standard deviation. In reality, there are many statistical measures that can use International CSRC historical prices to predict the future International CSRC's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.76) |
International CSRC Backtested Returns
International CSRC holds Efficiency (Sharpe) Ratio of -0.0671, which attests that the entity had a -0.0671% return per unit of risk over the last 3 months. International CSRC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International CSRC's Standard Deviation of 1.15, market risk adjusted performance of (0.75), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, International CSRC's returns are expected to increase less than the market. However, during the bear market, the loss of holding International CSRC is expected to be smaller as well. At this point, International CSRC has a negative expected return of -0.078%. Please make sure to check out International CSRC's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if International CSRC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
International CSRC Investment has good reverse predictability. Overlapping area represents the amount of predictability between International CSRC time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 International CSRC price movement. The serial correlation of -0.53 indicates that about 53.0% of current International CSRC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
International CSRC lagged returns against current returns
Autocorrelation, which is International CSRC 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 International CSRC's stock expected returns. We can calculate the autocorrelation of International CSRC returns to help us make a trade decision. For example, suppose you find that International CSRC 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 |
International CSRC 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 International CSRC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International CSRC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International CSRC stock over time.
Current vs Lagged Prices |
| Timeline |
International CSRC Lagged Returns
When evaluating International CSRC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International CSRC stock have on its future price. International CSRC 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, International CSRC autocorrelation shows the relationship between International CSRC stock current value and its past values and can show if there is a momentum factor associated with investing in International CSRC Investment.
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 International Stock Analysis
When running International CSRC's price analysis, check to measure International CSRC'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 International CSRC is operating at the current time. Most of International CSRC's value examination focuses on studying past and present price action to predict the probability of International CSRC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International CSRC's price. Additionally, you may evaluate how the addition of International CSRC to your portfolios can decrease your overall portfolio volatility.