Excel Cell (Taiwan) Market Value
| 2483 Stock | TWD 21.85 0.25 1.13% |
| Symbol | Excel |
Excel Cell '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 Excel Cell'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 Excel Cell.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Excel Cell on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Excel Cell Electronic or generate 0.0% return on investment in Excel Cell over 30 days. Excel Cell is related to or competes with Siward Crystal, Zinwell, G Shank, Gem Terminal, and Lelon Electronics. Excel Cell Electronic Co., Ltd. manufactures and supplies electronic components in Taiwan and internationally More
Excel Cell 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 Excel Cell'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 Excel Cell Electronic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 4.05 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.5 |
Excel Cell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Excel Cell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Excel Cell's standard deviation. In reality, there are many statistical measures that can use Excel Cell historical prices to predict the future Excel Cell's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (1.77) |
Excel Cell Electronic Backtested Returns
Excel Cell Electronic secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of standard deviation over the last 3 months. Excel Cell Electronic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Excel Cell's Mean Deviation of 0.5931, coefficient of variation of (885.83), and Standard Deviation of 0.8584 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0604, which means not very significant fluctuations relative to the market. As returns on the market increase, Excel Cell's returns are expected to increase less than the market. However, during the bear market, the loss of holding Excel Cell is expected to be smaller as well. At this point, Excel Cell Electronic has a negative expected return of -0.11%. Please make sure to confirm Excel Cell's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Excel Cell Electronic performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
Excel Cell Electronic has average predictability. Overlapping area represents the amount of predictability between Excel Cell time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Excel Cell Electronic price movement. The serial correlation of 0.48 indicates that about 48.0% of current Excel Cell price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Excel Cell Electronic lagged returns against current returns
Autocorrelation, which is Excel Cell 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 Excel Cell's stock expected returns. We can calculate the autocorrelation of Excel Cell returns to help us make a trade decision. For example, suppose you find that Excel Cell 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 |
Excel Cell 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 Excel Cell stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Excel Cell stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Excel Cell stock over time.
Current vs Lagged Prices |
| Timeline |
Excel Cell Lagged Returns
When evaluating Excel Cell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Excel Cell stock have on its future price. Excel Cell 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, Excel Cell autocorrelation shows the relationship between Excel Cell stock current value and its past values and can show if there is a momentum factor associated with investing in Excel Cell Electronic.
Regressed Prices |
| Timeline |
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When running Excel Cell's price analysis, check to measure Excel Cell'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 Excel Cell is operating at the current time. Most of Excel Cell's value examination focuses on studying past and present price action to predict the probability of Excel Cell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Excel Cell's price. Additionally, you may evaluate how the addition of Excel Cell to your portfolios can decrease your overall portfolio volatility.