LIWANLI Innovation (Taiwan) Market Value
| 3054 Stock | TWD 22.50 0.05 0.22% |
| Symbol | LIWANLI |
LIWANLI Innovation '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 LIWANLI Innovation'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 LIWANLI Innovation.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in LIWANLI Innovation on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding LIWANLI Innovation Co or generate 0.0% return on investment in LIWANLI Innovation over 30 days. LIWANLI Innovation is related to or competes with Novatek Microelectronics, Quanta Computer, and United Microelectronics. LIWANLI Innovation Co., Ltd. operates in the biomedical science industry More
LIWANLI Innovation 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 LIWANLI Innovation'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 LIWANLI Innovation Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0074 | |||
| Maximum Drawdown | 14.48 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 3.26 |
LIWANLI Innovation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LIWANLI Innovation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LIWANLI Innovation's standard deviation. In reality, there are many statistical measures that can use LIWANLI Innovation historical prices to predict the future LIWANLI Innovation's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 0.0834 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0098 | |||
| Treynor Ratio | 0.3133 |
LIWANLI Innovation Backtested Returns
At this stage we consider LIWANLI Stock to be very steady. LIWANLI Innovation has Sharpe Ratio of 0.0758, which conveys that the firm had a 0.0758% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for LIWANLI Innovation, which you can use to evaluate the volatility of the firm. Please verify LIWANLI Innovation's Market Risk Adjusted Performance of 0.3233, risk adjusted performance of 0.0619, and Mean Deviation of 1.3 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. LIWANLI Innovation has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LIWANLI Innovation's returns are expected to increase less than the market. However, during the bear market, the loss of holding LIWANLI Innovation is expected to be smaller as well. LIWANLI Innovation currently secures a risk of 2.03%. Please verify LIWANLI Innovation Co jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if LIWANLI Innovation Co will be following its current price movements.
Auto-correlation | 0.31 |
Below average predictability
LIWANLI Innovation Co has below average predictability. Overlapping area represents the amount of predictability between LIWANLI Innovation time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 LIWANLI Innovation price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current LIWANLI Innovation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
LIWANLI Innovation lagged returns against current returns
Autocorrelation, which is LIWANLI Innovation 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 LIWANLI Innovation's stock expected returns. We can calculate the autocorrelation of LIWANLI Innovation returns to help us make a trade decision. For example, suppose you find that LIWANLI Innovation 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 |
LIWANLI Innovation 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 LIWANLI Innovation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LIWANLI Innovation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LIWANLI Innovation stock over time.
Current vs Lagged Prices |
| Timeline |
LIWANLI Innovation Lagged Returns
When evaluating LIWANLI Innovation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LIWANLI Innovation stock have on its future price. LIWANLI Innovation 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, LIWANLI Innovation autocorrelation shows the relationship between LIWANLI Innovation stock current value and its past values and can show if there is a momentum factor associated with investing in LIWANLI Innovation Co.
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 LIWANLI Stock Analysis
When running LIWANLI Innovation's price analysis, check to measure LIWANLI Innovation'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 LIWANLI Innovation is operating at the current time. Most of LIWANLI Innovation's value examination focuses on studying past and present price action to predict the probability of LIWANLI Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LIWANLI Innovation's price. Additionally, you may evaluate how the addition of LIWANLI Innovation to your portfolios can decrease your overall portfolio volatility.