Yulon (Taiwan) Market Value
| 2201 Stock | TWD 58.10 0.10 0.17% |
| Symbol | Yulon |
Yulon '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 Yulon'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 Yulon.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Yulon on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Yulon Motor Co or generate 0.0% return on investment in Yulon over 30 days. Yulon is related to or competes with Taiwan Semiconductor, Hon Hai, MediaTek, Chunghwa Telecom, Chailease Holding, Delta Electronics, and Formosa Petrochemical. Yulon Motor Company Ltd. manufactures and markets automobiles and parts in Taiwan, China, and the Philippines More
Yulon 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 Yulon'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 Yulon Motor Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.0067 | |||
| Maximum Drawdown | 12.93 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 3.55 |
Yulon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yulon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yulon's standard deviation. In reality, there are many statistical measures that can use Yulon historical prices to predict the future Yulon's volatility.| Risk Adjusted Performance | 0.0595 | |||
| Jensen Alpha | 0.1109 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0075 | |||
| Treynor Ratio | 0.7322 |
Yulon Motor Backtested Returns
At this stage we consider Yulon Stock to be very steady. Yulon Motor shows Sharpe Ratio of 0.0553, which attests that the company had a 0.0553% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yulon Motor, which you can use to evaluate the volatility of the company. Please check out Yulon's Mean Deviation of 1.5, downside deviation of 1.83, and Market Risk Adjusted Performance of 0.7422 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Yulon has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yulon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yulon is expected to be smaller as well. Yulon Motor right now maintains a risk of 2.05%. Please check out Yulon Motor semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Yulon Motor will be following its historical returns.
Auto-correlation | -0.56 |
Good reverse predictability
Yulon Motor Co has good reverse predictability. Overlapping area represents the amount of predictability between Yulon 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 Yulon Motor price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Yulon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 1.91 |
Yulon Motor lagged returns against current returns
Autocorrelation, which is Yulon 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 Yulon's stock expected returns. We can calculate the autocorrelation of Yulon returns to help us make a trade decision. For example, suppose you find that Yulon 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 |
Yulon 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 Yulon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yulon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yulon stock over time.
Current vs Lagged Prices |
| Timeline |
Yulon Lagged Returns
When evaluating Yulon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yulon stock have on its future price. Yulon 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, Yulon autocorrelation shows the relationship between Yulon stock current value and its past values and can show if there is a momentum factor associated with investing in Yulon Motor 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 Yulon Stock Analysis
When running Yulon's price analysis, check to measure Yulon'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 Yulon is operating at the current time. Most of Yulon's value examination focuses on studying past and present price action to predict the probability of Yulon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yulon's price. Additionally, you may evaluate how the addition of Yulon to your portfolios can decrease your overall portfolio volatility.