Ampoc Far (Taiwan) Market Value
| 2493 Stock | TWD 108.50 3.50 3.12% |
| Symbol | Ampoc |
Ampoc Far '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 Ampoc Far'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 Ampoc Far.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ampoc Far on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Ampoc Far East Co or generate 0.0% return on investment in Ampoc Far over 90 days. Ampoc Far is related to or competes with Greatek Electronics, Stark Technology, Elan Microelectronics, Wellell, and C Sun. AMPOC Far-East Co., Ltd. manufactures and sells equipment and materials for the electronic industry primarily in Taiwan More
Ampoc Far 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 Ampoc Far'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 Ampoc Far East Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.57 | |||
| Information Ratio | 0.0857 | |||
| Maximum Drawdown | 15.89 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 6.09 |
Ampoc Far Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ampoc Far's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ampoc Far's standard deviation. In reality, there are many statistical measures that can use Ampoc Far historical prices to predict the future Ampoc Far's volatility.| Risk Adjusted Performance | 0.1048 | |||
| Jensen Alpha | 0.3501 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.1029 | |||
| Treynor Ratio | 1.37 |
Ampoc Far East Backtested Returns
Ampoc Far appears to be very steady, given 3 months investment horizon. Ampoc Far East secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ampoc Far East Co, which you can use to evaluate the volatility of the firm. Please makes use of Ampoc Far's Downside Deviation of 2.57, mean deviation of 2.29, and Risk Adjusted Performance of 0.1048 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ampoc Far holds a performance score of 9. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ampoc Far's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ampoc Far is expected to be smaller as well. Please check Ampoc Far's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Ampoc Far's price patterns will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
Ampoc Far East Co has weak reverse predictability. Overlapping area represents the amount of predictability between Ampoc Far time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Ampoc Far East price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Ampoc Far price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 23.09 |
Ampoc Far East lagged returns against current returns
Autocorrelation, which is Ampoc Far 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 Ampoc Far's stock expected returns. We can calculate the autocorrelation of Ampoc Far returns to help us make a trade decision. For example, suppose you find that Ampoc Far 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 |
Ampoc Far 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 Ampoc Far stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ampoc Far stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ampoc Far stock over time.
Current vs Lagged Prices |
| Timeline |
Ampoc Far Lagged Returns
When evaluating Ampoc Far's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ampoc Far stock have on its future price. Ampoc Far 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, Ampoc Far autocorrelation shows the relationship between Ampoc Far stock current value and its past values and can show if there is a momentum factor associated with investing in Ampoc Far East 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 Ampoc Stock Analysis
When running Ampoc Far's price analysis, check to measure Ampoc Far'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 Ampoc Far is operating at the current time. Most of Ampoc Far's value examination focuses on studying past and present price action to predict the probability of Ampoc Far's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampoc Far's price. Additionally, you may evaluate how the addition of Ampoc Far to your portfolios can decrease your overall portfolio volatility.