Chateau International (Taiwan) Market Value
| 2722 Stock | TWD 32.20 0.80 2.42% |
| Symbol | Chateau |
Chateau International '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 Chateau International'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 Chateau International.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Chateau International on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Chateau International Development or generate 0.0% return on investment in Chateau International over 30 days. Chateau International is related to or competes with Chaintech Technology, AVerMedia Technologies, Avision, Clevo, and Elitegroup Computer. Chateau International Development Co., Ltd More
Chateau International 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 Chateau International'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 Chateau International Development upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 16.92 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 2.31 |
Chateau International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chateau International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chateau International's standard deviation. In reality, there are many statistical measures that can use Chateau International historical prices to predict the future Chateau International's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 6.17 |
Chateau International Backtested Returns
Chateau International secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of standard deviation over the last 3 months. Chateau International Development exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chateau International's mean deviation of 1.28, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0603, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chateau International are expected to decrease at a much lower rate. During the bear market, Chateau International is likely to outperform the market. At this point, Chateau International has a negative expected return of -0.4%. Please make sure to confirm Chateau International's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Chateau International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Chateau International Development has average predictability. Overlapping area represents the amount of predictability between Chateau International 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 Chateau International price movement. The serial correlation of 0.47 indicates that about 47.0% of current Chateau International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 7.68 |
Chateau International lagged returns against current returns
Autocorrelation, which is Chateau International 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 Chateau International's stock expected returns. We can calculate the autocorrelation of Chateau International returns to help us make a trade decision. For example, suppose you find that Chateau International 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 |
Chateau International 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 Chateau International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chateau International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chateau International stock over time.
Current vs Lagged Prices |
| Timeline |
Chateau International Lagged Returns
When evaluating Chateau International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chateau International stock have on its future price. Chateau International 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, Chateau International autocorrelation shows the relationship between Chateau International stock current value and its past values and can show if there is a momentum factor associated with investing in Chateau International Development.
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 Chateau Stock Analysis
When running Chateau International's price analysis, check to measure Chateau International'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 Chateau International is operating at the current time. Most of Chateau International's value examination focuses on studying past and present price action to predict the probability of Chateau International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chateau International's price. Additionally, you may evaluate how the addition of Chateau International to your portfolios can decrease your overall portfolio volatility.