EnTie Commercial (Taiwan) Market Value
| 2849 Stock | TWD 14.45 0.05 0.35% |
| Symbol | EnTie |
EnTie Commercial '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 EnTie Commercial'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 EnTie Commercial.
| 02/08/2025 |
| 03/10/2025 |
If you would invest 0.00 in EnTie Commercial on February 8, 2025 and sell it all today you would earn a total of 0.00 from holding EnTie Commercial Bank or generate 0.0% return on investment in EnTie Commercial over 30 days. EnTie Commercial is related to or competes with Union Bank, Bank of Kaohsiung, Taiwan Business, Chang Hwa, and Sinopac Financial. EnTie Commercial Bank Co., Ltd. provides banking products and services primarily in Taiwan More
EnTie Commercial 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 EnTie Commercial'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 EnTie Commercial Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.0008) | |||
| Maximum Drawdown | 5.72 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.44 |
EnTie Commercial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnTie Commercial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EnTie Commercial's standard deviation. In reality, there are many statistical measures that can use EnTie Commercial historical prices to predict the future EnTie Commercial's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0259 | |||
| Treynor Ratio | (0.94) |
EnTie Commercial Bank Backtested Returns
At this stage we consider EnTie Stock to be very steady. EnTie Commercial Bank secures Sharpe Ratio (or Efficiency) of 0.029, which denotes the company had a 0.029 % return per unit of volatility over the last 3 months. We have found twenty-two technical indicators for EnTie Commercial Bank, which you can use to evaluate the volatility of the firm. Please confirm EnTie Commercial's Market Risk Adjusted Performance of (0.93), standard deviation of 1.07, and Mean Deviation of 0.8154 to check if the risk estimate we provide is consistent with the expected return of 0.0302%. EnTie Commercial has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0814, which means not very significant fluctuations relative to the market. As returns on the market increase, EnTie Commercial's returns are expected to increase less than the market. However, during the bear market, the loss of holding EnTie Commercial is expected to be smaller as well. EnTie Commercial Bank right now shows a risk of 1.04%. Please confirm EnTie Commercial Bank treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if EnTie Commercial Bank will be following its price patterns.
Auto-correlation | 0.59 |
Modest predictability
EnTie Commercial Bank has modest predictability. Overlapping area represents the amount of predictability between EnTie Commercial time series from 8th of February 2025 to 23rd of February 2025 and 23rd of February 2025 to 10th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EnTie Commercial Bank price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current EnTie Commercial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
EnTie Commercial Bank lagged returns against current returns
Autocorrelation, which is EnTie Commercial 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 EnTie Commercial's stock expected returns. We can calculate the autocorrelation of EnTie Commercial returns to help us make a trade decision. For example, suppose you find that EnTie Commercial 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 |
EnTie Commercial 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 EnTie Commercial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EnTie Commercial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EnTie Commercial stock over time.
Current vs Lagged Prices |
| Timeline |
EnTie Commercial Lagged Returns
When evaluating EnTie Commercial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EnTie Commercial stock have on its future price. EnTie Commercial 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, EnTie Commercial autocorrelation shows the relationship between EnTie Commercial stock current value and its past values and can show if there is a momentum factor associated with investing in EnTie Commercial Bank.
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 EnTie Stock Analysis
When running EnTie Commercial's price analysis, check to measure EnTie Commercial'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 EnTie Commercial is operating at the current time. Most of EnTie Commercial's value examination focuses on studying past and present price action to predict the probability of EnTie Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnTie Commercial's price. Additionally, you may evaluate how the addition of EnTie Commercial to your portfolios can decrease your overall portfolio volatility.