Yageo Corp (Taiwan) Market Value
| 2327 Stock | TWD 539.00 2.00 0.37% |
| Symbol | Yageo |
Yageo 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 Yageo 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 Yageo Corp.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Yageo Corp on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Yageo Corp or generate 0.0% return on investment in Yageo Corp over 720 days. Yageo Corp is related to or competes with Pili International, AVerMedia Technologies, EnTie Commercial, CHINA DEVELOPMENT, Great China, and Asia Metal. Yageo Corporation manufactures and sells passive components worldwide More
Yageo 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 Yageo 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 Yageo Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 2.8 |
Yageo Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yageo Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yageo Corp's standard deviation. In reality, there are many statistical measures that can use Yageo Corp historical prices to predict the future Yageo Corp's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.76) |
Yageo Corp Backtested Returns
Yageo Corp shows Sharpe Ratio of -0.16, which attests that the company had a -0.16% return per unit of risk over the last 3 months. Yageo Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yageo Corp's Mean Deviation of 1.35, standard deviation of 1.86, and Market Risk Adjusted Performance of (0.75) to validate the risk estimate we provide. The firm maintains a market beta of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yageo Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yageo Corp is expected to be smaller as well. At this point, Yageo Corp has a negative expected return of -0.29%. Please make sure to check out Yageo Corp's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Yageo Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Yageo Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Yageo Corp time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Yageo Corp price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Yageo Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 4158.8 |
Yageo Corp lagged returns against current returns
Autocorrelation, which is Yageo 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 Yageo Corp's stock expected returns. We can calculate the autocorrelation of Yageo Corp returns to help us make a trade decision. For example, suppose you find that Yageo 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 |
Yageo 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 Yageo Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yageo Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yageo Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Yageo Corp Lagged Returns
When evaluating Yageo Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yageo Corp stock have on its future price. Yageo 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, Yageo Corp autocorrelation shows the relationship between Yageo Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Yageo 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 Yageo Stock Analysis
When running Yageo Corp's price analysis, check to measure Yageo 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 Yageo Corp is operating at the current time. Most of Yageo Corp's value examination focuses on studying past and present price action to predict the probability of Yageo 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 Yageo Corp's price. Additionally, you may evaluate how the addition of Yageo Corp to your portfolios can decrease your overall portfolio volatility.