Fortune Oriental (Taiwan) Market Value
| 2491 Stock | TWD 21.55 0.75 3.61% |
| Symbol | Fortune |
Fortune Oriental '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 Fortune Oriental'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 Fortune Oriental.
| 12/16/2025 |
| 01/15/2026 |
If you would invest 0.00 in Fortune Oriental on December 16, 2025 and sell it all today you would earn a total of 0.00 from holding Fortune Oriental Co or generate 0.0% return on investment in Fortune Oriental over 30 days. Fortune Oriental is related to or competes with Tons Lightology, Ado Optronics, Sun Race, HOYA Resort, CJW International, Yao I, and Hotel Royal. Fortune Oriental Company Limited engages in the manufacture and sale of lighting application products, and import and ex... More
Fortune Oriental 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 Fortune Oriental'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 Fortune Oriental Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.08 | |||
| Information Ratio | 0.1982 | |||
| Maximum Drawdown | 19.88 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 9.92 |
Fortune Oriental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortune Oriental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortune Oriental's standard deviation. In reality, there are many statistical measures that can use Fortune Oriental historical prices to predict the future Fortune Oriental's volatility.| Risk Adjusted Performance | 0.1628 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | 0.345 | |||
| Sortino Ratio | 0.2182 | |||
| Treynor Ratio | (1.55) |
Fortune Oriental Backtested Returns
Fortune Oriental is somewhat reliable given 3 months investment horizon. Fortune Oriental secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22 % return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Fortune Oriental Coefficient Of Variation of 449.23, mean deviation of 3.34, and Downside Deviation of 4.08 to evaluate company specific risk that cannot be diversified away. Fortune Oriental holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.64, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fortune Oriental are expected to decrease at a much lower rate. During the bear market, Fortune Oriental is likely to outperform the market. Use Fortune Oriental jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to analyze future returns on Fortune Oriental.
Auto-correlation | -0.53 |
Good reverse predictability
Fortune Oriental Co has good reverse predictability. Overlapping area represents the amount of predictability between Fortune Oriental time series from 16th of December 2025 to 31st of December 2025 and 31st of December 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortune Oriental price movement. The serial correlation of -0.53 indicates that about 53.0% of current Fortune Oriental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1.07 |
Fortune Oriental lagged returns against current returns
Autocorrelation, which is Fortune Oriental 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 Fortune Oriental's stock expected returns. We can calculate the autocorrelation of Fortune Oriental returns to help us make a trade decision. For example, suppose you find that Fortune Oriental 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 |
Fortune Oriental 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 Fortune Oriental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fortune Oriental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fortune Oriental stock over time.
Current vs Lagged Prices |
| Timeline |
Fortune Oriental Lagged Returns
When evaluating Fortune Oriental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fortune Oriental stock have on its future price. Fortune Oriental 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, Fortune Oriental autocorrelation shows the relationship between Fortune Oriental stock current value and its past values and can show if there is a momentum factor associated with investing in Fortune Oriental Co.
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 Fortune Stock Analysis
When running Fortune Oriental's price analysis, check to measure Fortune Oriental'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 Fortune Oriental is operating at the current time. Most of Fortune Oriental's value examination focuses on studying past and present price action to predict the probability of Fortune Oriental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Oriental's price. Additionally, you may evaluate how the addition of Fortune Oriental to your portfolios can decrease your overall portfolio volatility.