Megaforce (Taiwan) Market Value
| 3294 Stock | TWD 40.60 2.35 6.14% |
| Symbol | Megaforce |
Megaforce '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 Megaforce'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 Megaforce.
| 11/16/2025 |
| 01/15/2026 |
If you would invest 0.00 in Megaforce on November 16, 2025 and sell it all today you would earn a total of 0.00 from holding Megaforce Co or generate 0.0% return on investment in Megaforce over 60 days. Megaforce is related to or competes with Asia Tech, Global Lighting, Giantplus Technology, Sea Sonic, Taiwan Chinsan, Ubright Optronics, and Utechzone. Megaforce Company Limited engages in the research and development of opto-mechatromics and advanced IT products in Taiwa... More
Megaforce 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 Megaforce'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 Megaforce Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.88 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 4.76 |
Megaforce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Megaforce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Megaforce's standard deviation. In reality, there are many statistical measures that can use Megaforce historical prices to predict the future Megaforce's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.08) |
Megaforce Backtested Returns
Megaforce has Sharpe Ratio of -0.0172, which conveys that the firm had a -0.0172 % return per unit of risk over the last 3 months. Megaforce exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Megaforce's Risk Adjusted Performance of (0.02), standard deviation of 2.68, and Mean Deviation of 2.04 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.27, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Megaforce will likely underperform. At this point, Megaforce has a negative expected return of -0.0452%. Please make sure to verify Megaforce's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Megaforce performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Megaforce Co has poor reverse predictability. Overlapping area represents the amount of predictability between Megaforce time series from 16th of November 2025 to 16th of December 2025 and 16th of December 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Megaforce price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Megaforce price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Megaforce lagged returns against current returns
Autocorrelation, which is Megaforce 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 Megaforce's stock expected returns. We can calculate the autocorrelation of Megaforce returns to help us make a trade decision. For example, suppose you find that Megaforce 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 |
Megaforce 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 Megaforce stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Megaforce stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Megaforce stock over time.
Current vs Lagged Prices |
| Timeline |
Megaforce Lagged Returns
When evaluating Megaforce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Megaforce stock have on its future price. Megaforce 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, Megaforce autocorrelation shows the relationship between Megaforce stock current value and its past values and can show if there is a momentum factor associated with investing in Megaforce Co.
Regressed Prices |
| Timeline |
Pair Trading with Megaforce
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Megaforce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Megaforce will appreciate offsetting losses from the drop in the long position's value.Moving against Megaforce Stock
| 0.58 | 2891B | CTBC Financial Holding | PairCorr |
| 0.46 | 2891 | CTBC Financial Holding | PairCorr |
| 0.36 | 2882 | Cathay Financial Holding | PairCorr |
The ability to find closely correlated positions to Megaforce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Megaforce when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Megaforce - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Megaforce Co to buy it.
The correlation of Megaforce is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Megaforce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Megaforce moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Megaforce can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Megaforce Stock Analysis
When running Megaforce's price analysis, check to measure Megaforce'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 Megaforce is operating at the current time. Most of Megaforce's value examination focuses on studying past and present price action to predict the probability of Megaforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Megaforce's price. Additionally, you may evaluate how the addition of Megaforce to your portfolios can decrease your overall portfolio volatility.