Kaimei Electronic (Taiwan) Market Value
| 2375 Stock | TWD 67.50 0.60 0.88% |
| Symbol | Kaimei |
Kaimei Electronic '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 Kaimei Electronic'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 Kaimei Electronic.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Kaimei Electronic on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Kaimei Electronic Corp or generate 0.0% return on investment in Kaimei Electronic over 30 days. Kaimei Electronic is related to or competes with Yageo Corp, Taiwan Mask, Macronix International, Gold Circuit, and Compeq Manufacturing. Kaimei Electronic Corp. manufactures and sells capacitors and motor fans More
Kaimei Electronic 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 Kaimei Electronic'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 Kaimei Electronic Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.46 | |||
| Information Ratio | 0.0489 | |||
| Maximum Drawdown | 16.11 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 6.21 |
Kaimei Electronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kaimei Electronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kaimei Electronic's standard deviation. In reality, there are many statistical measures that can use Kaimei Electronic historical prices to predict the future Kaimei Electronic's volatility.| Risk Adjusted Performance | 0.0471 | |||
| Jensen Alpha | 0.1527 | |||
| Total Risk Alpha | 0.1314 | |||
| Sortino Ratio | 0.0596 | |||
| Treynor Ratio | (0.64) |
Kaimei Electronic Corp Backtested Returns
At this stage we consider Kaimei Stock to be very steady. Kaimei Electronic Corp has Sharpe Ratio of 0.0549, which conveys that the firm had a 0.0549 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kaimei Electronic, which you can use to evaluate the volatility of the firm. Please verify Kaimei Electronic's Mean Deviation of 2.09, risk adjusted performance of 0.0471, and Downside Deviation of 2.46 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Kaimei Electronic has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kaimei Electronic are expected to decrease at a much lower rate. During the bear market, Kaimei Electronic is likely to outperform the market. Kaimei Electronic Corp right now secures a risk of 3.17%. Please verify Kaimei Electronic Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Kaimei Electronic Corp will be following its current price movements.
Auto-correlation | 0.13 |
Insignificant predictability
Kaimei Electronic Corp has insignificant predictability. Overlapping area represents the amount of predictability between Kaimei Electronic time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kaimei Electronic Corp price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Kaimei Electronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Kaimei Electronic Corp lagged returns against current returns
Autocorrelation, which is Kaimei Electronic 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 Kaimei Electronic's stock expected returns. We can calculate the autocorrelation of Kaimei Electronic returns to help us make a trade decision. For example, suppose you find that Kaimei Electronic 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 |
Kaimei Electronic 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 Kaimei Electronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kaimei Electronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kaimei Electronic stock over time.
Current vs Lagged Prices |
| Timeline |
Kaimei Electronic Lagged Returns
When evaluating Kaimei Electronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kaimei Electronic stock have on its future price. Kaimei Electronic 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, Kaimei Electronic autocorrelation shows the relationship between Kaimei Electronic stock current value and its past values and can show if there is a momentum factor associated with investing in Kaimei Electronic 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 Kaimei Stock Analysis
When running Kaimei Electronic's price analysis, check to measure Kaimei Electronic'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 Kaimei Electronic is operating at the current time. Most of Kaimei Electronic's value examination focuses on studying past and present price action to predict the probability of Kaimei Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaimei Electronic's price. Additionally, you may evaluate how the addition of Kaimei Electronic to your portfolios can decrease your overall portfolio volatility.