Infortrend Technology (Taiwan) Market Value
| 2495 Stock | TWD 36.50 1.10 2.93% |
| Symbol | Infortrend |
Infortrend 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 Infortrend 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 Infortrend Technology.
| 12/10/2022 |
| 11/29/2024 |
If you would invest 0.00 in Infortrend Technology on December 10, 2022 and sell it all today you would earn a total of 0.00 from holding Infortrend Technology or generate 0.0% return on investment in Infortrend Technology over 720 days. Infortrend Technology is related to or competes with Amtran Technology, Ichia Technologies, Zinwell, K Laser, and KYE Systems. Infortrend Technology Inc. provides networked storage solutions worldwide More
Infortrend 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 Infortrend 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 Infortrend Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.38 | |||
| Information Ratio | 0.049 | |||
| Maximum Drawdown | 17.33 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 8.35 |
Infortrend Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Infortrend Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Infortrend Technology's standard deviation. In reality, there are many statistical measures that can use Infortrend Technology historical prices to predict the future Infortrend Technology's volatility.| Risk Adjusted Performance | 0.0702 | |||
| Jensen Alpha | 0.3961 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0565 | |||
| Treynor Ratio | (0.39) |
Infortrend Technology Backtested Returns
Infortrend Technology appears to be not too volatile, given 3 months investment horizon. Infortrend Technology holds Efficiency (Sharpe) Ratio of 0.0514, which attests that the entity had a 0.0514% return per unit of risk over the last 3 months. We have found thirty technical indicators for Infortrend Technology, which you can use to evaluate the volatility of the firm. Please utilize Infortrend Technology's Market Risk Adjusted Performance of (0.38), risk adjusted performance of 0.0702, and Downside Deviation of 3.38 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Infortrend Technology holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -0.78, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Infortrend Technology are expected to decrease at a much lower rate. During the bear market, Infortrend Technology is likely to outperform the market. Please check Infortrend Technology's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Infortrend Technology's current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Infortrend Technology has no correlation between past and present. Overlapping area represents the amount of predictability between Infortrend Technology time series from 10th of December 2022 to 5th of December 2023 and 5th of December 2023 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 Infortrend Technology price movement. The serial correlation of 0.0 indicates that just 0.0% of current Infortrend Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 33.5 |
Infortrend Technology lagged returns against current returns
Autocorrelation, which is Infortrend 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 Infortrend Technology's stock expected returns. We can calculate the autocorrelation of Infortrend Technology returns to help us make a trade decision. For example, suppose you find that Infortrend 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 |
Infortrend 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 Infortrend Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Infortrend Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Infortrend Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Infortrend Technology Lagged Returns
When evaluating Infortrend Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Infortrend Technology stock have on its future price. Infortrend 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, Infortrend Technology autocorrelation shows the relationship between Infortrend Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Infortrend Technology.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Infortrend Stock Analysis
When running Infortrend Technology's price analysis, check to measure Infortrend 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 Infortrend Technology is operating at the current time. Most of Infortrend Technology's value examination focuses on studying past and present price action to predict the probability of Infortrend 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 Infortrend Technology's price. Additionally, you may evaluate how the addition of Infortrend Technology to your portfolios can decrease your overall portfolio volatility.