FDC International (Taiwan) Market Value
| 2748 Stock | TWD 58.80 0.40 0.68% |
| Symbol | FDC |
FDC 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 FDC 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 FDC International.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in FDC International on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding FDC International Hotels or generate 0.0% return on investment in FDC International over 30 days. FDC International is related to or competes with Taiwan Semiconductor, Hon Hai, MediaTek, Chunghwa Telecom, Chailease Holding, Delta Electronics, and Formosa Petrochemical. FDC International Hotels Corporation operates and manages international tourist hotels and restaurants in Taiwan More
FDC 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 FDC 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 FDC International Hotels upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.94 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 2.22 |
FDC International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FDC International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FDC International's standard deviation. In reality, there are many statistical measures that can use FDC International historical prices to predict the future FDC International's volatility.| Risk Adjusted Performance | 0.0365 | |||
| Jensen Alpha | 0.0281 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2544 |
FDC International Hotels Backtested Returns
FDC International Hotels retains Efficiency (Sharpe Ratio) of -0.0092, which denotes the company had a -0.0092% return per unit of risk over the last 3 months. FDC International exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FDC International's Market Risk Adjusted Performance of 0.2644, downside deviation of 1.2, and Coefficient Of Variation of 2366.88 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, FDC International's returns are expected to increase less than the market. However, during the bear market, the loss of holding FDC International is expected to be smaller as well. At this point, FDC International Hotels has a negative expected return of -0.0114%. Please make sure to confirm FDC International's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if FDC International Hotels performance from the past will be repeated at some future date.
Auto-correlation | 0.22 |
Weak predictability
FDC International Hotels has weak predictability. Overlapping area represents the amount of predictability between FDC International time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 FDC International Hotels price movement. The serial correlation of 0.22 indicates that over 22.0% of current FDC International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
FDC International Hotels lagged returns against current returns
Autocorrelation, which is FDC 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 FDC International's stock expected returns. We can calculate the autocorrelation of FDC International returns to help us make a trade decision. For example, suppose you find that FDC 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 |
FDC 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 FDC International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FDC International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FDC International stock over time.
Current vs Lagged Prices |
| Timeline |
FDC International Lagged Returns
When evaluating FDC International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FDC International stock have on its future price. FDC 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, FDC International autocorrelation shows the relationship between FDC International stock current value and its past values and can show if there is a momentum factor associated with investing in FDC International Hotels.
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 FDC Stock Analysis
When running FDC International's price analysis, check to measure FDC 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 FDC International is operating at the current time. Most of FDC International's value examination focuses on studying past and present price action to predict the probability of FDC 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 FDC International's price. Additionally, you may evaluate how the addition of FDC International to your portfolios can decrease your overall portfolio volatility.