Stark Technology (Taiwan) Market Value
| 2480 Stock | TWD 127.00 1.50 1.20% |
| Symbol | Stark |
Stark Technology '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 Stark Technology'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 Stark Technology.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Stark Technology on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Stark Technology or generate 0.0% return on investment in Stark Technology over 30 days. Stark Technology is related to or competes with Micro Star, Synnex Technology, Gigabyte Technology, Realtek Semiconductor, and Elan Microelectronics. Stark Technology, Inc. provides system integration services for information and communication technology products in Tai... More
Stark Technology 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 Stark Technology'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 Stark Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8293 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.83 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.27 |
Stark Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stark Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stark Technology's standard deviation. In reality, there are many statistical measures that can use Stark Technology historical prices to predict the future Stark Technology's volatility.| Risk Adjusted Performance | 0.0755 | |||
| Jensen Alpha | 0.0673 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 1.26 |
Stark Technology Backtested Returns
At this stage we consider Stark Stock to be very steady. Stark Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Stark Technology, which you can use to evaluate the volatility of the company. Please validate Stark Technology's Coefficient Of Variation of 1028.4, semi deviation of 0.5743, and Risk Adjusted Performance of 0.0755 to confirm if the risk estimate we provide is consistent with the expected return of 0.0955%. Stark Technology has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.059, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Stark Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stark Technology is expected to be smaller as well. Stark Technology right now has a risk of 0.9%. Please validate Stark Technology market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Stark Technology will be following its existing price patterns.
Auto-correlation | 0.53 |
Modest predictability
Stark Technology has modest predictability. Overlapping area represents the amount of predictability between Stark Technology 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 Stark Technology price movement. The serial correlation of 0.53 indicates that about 53.0% of current Stark Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.73 |
Stark Technology lagged returns against current returns
Autocorrelation, which is Stark Technology 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 Stark Technology's stock expected returns. We can calculate the autocorrelation of Stark Technology returns to help us make a trade decision. For example, suppose you find that Stark Technology 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 |
Stark Technology 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 Stark Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stark Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stark Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Stark Technology Lagged Returns
When evaluating Stark Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stark Technology stock have on its future price. Stark Technology 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, Stark Technology autocorrelation shows the relationship between Stark Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Stark Technology.
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 Stark Stock Analysis
When running Stark Technology's price analysis, check to measure Stark Technology'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 Stark Technology is operating at the current time. Most of Stark Technology's value examination focuses on studying past and present price action to predict the probability of Stark Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stark Technology's price. Additionally, you may evaluate how the addition of Stark Technology to your portfolios can decrease your overall portfolio volatility.