Mosel Vitelic (Taiwan) Market Value
| 2342 Stock | TWD 34.35 0.30 0.87% |
| Symbol | Mosel |
Mosel Vitelic '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 Mosel Vitelic'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 Mosel Vitelic.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Mosel Vitelic on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Mosel Vitelic or generate 0.0% return on investment in Mosel Vitelic over 90 days. Mosel Vitelic is related to or competes with Winbond Electronics, Macronix International, United Microelectronics, VIA Technologies, and Ritek Corp. Mosel Vitelic Inc. manufactures and sells wafer, solar cell, and semiconductor products More
Mosel Vitelic 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 Mosel Vitelic'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 Mosel Vitelic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.0104 | |||
| Maximum Drawdown | 10.36 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.61 |
Mosel Vitelic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mosel Vitelic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mosel Vitelic's standard deviation. In reality, there are many statistical measures that can use Mosel Vitelic historical prices to predict the future Mosel Vitelic's volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 0.1017 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | 0.4388 |
Mosel Vitelic Backtested Returns
At this stage we consider Mosel Stock to be very steady. Mosel Vitelic has Sharpe Ratio of 0.0786, which conveys that the firm had a 0.0786% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mosel Vitelic, which you can use to evaluate the volatility of the firm. Please verify Mosel Vitelic's Mean Deviation of 1.35, risk adjusted performance of 0.0661, and Downside Deviation of 1.56 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Mosel Vitelic has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mosel Vitelic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mosel Vitelic is expected to be smaller as well. Mosel Vitelic right now secures a risk of 1.91%. Please verify Mosel Vitelic coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Mosel Vitelic will be following its current price movements.
Auto-correlation | -0.34 |
Poor reverse predictability
Mosel Vitelic has poor reverse predictability. Overlapping area represents the amount of predictability between Mosel Vitelic time series from 29th of August 2024 to 13th of October 2024 and 13th 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 Mosel Vitelic price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Mosel Vitelic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
Mosel Vitelic lagged returns against current returns
Autocorrelation, which is Mosel Vitelic 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 Mosel Vitelic's stock expected returns. We can calculate the autocorrelation of Mosel Vitelic returns to help us make a trade decision. For example, suppose you find that Mosel Vitelic 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 |
Mosel Vitelic 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 Mosel Vitelic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mosel Vitelic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mosel Vitelic stock over time.
Current vs Lagged Prices |
| Timeline |
Mosel Vitelic Lagged Returns
When evaluating Mosel Vitelic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mosel Vitelic stock have on its future price. Mosel Vitelic 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, Mosel Vitelic autocorrelation shows the relationship between Mosel Vitelic stock current value and its past values and can show if there is a momentum factor associated with investing in Mosel Vitelic.
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 Mosel Stock Analysis
When running Mosel Vitelic's price analysis, check to measure Mosel Vitelic'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 Mosel Vitelic is operating at the current time. Most of Mosel Vitelic's value examination focuses on studying past and present price action to predict the probability of Mosel Vitelic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mosel Vitelic's price. Additionally, you may evaluate how the addition of Mosel Vitelic to your portfolios can decrease your overall portfolio volatility.