Vivotek (Taiwan) Market Value
| 3454 Stock | TWD 124.00 6.00 4.62% |
| Symbol | Vivotek |
Vivotek '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 Vivotek'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 Vivotek.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Vivotek on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Vivotek or generate 0.0% return on investment in Vivotek over 210 days. Vivotek is related to or competes with Taiwan Semiconductor, Yang Ming, ASE Industrial, AU Optronics, Innolux Corp, United Microelectronics, and Nan Ya. Vivotek Inc. provides security surveillance solutions worldwide More
Vivotek 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 Vivotek'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 Vivotek upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.23 | |||
| Information Ratio | (0.0001) | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 3.89 |
Vivotek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vivotek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vivotek's standard deviation. In reality, there are many statistical measures that can use Vivotek historical prices to predict the future Vivotek's volatility.| Risk Adjusted Performance | 0.0549 | |||
| Jensen Alpha | 0.0386 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.0001) | |||
| Treynor Ratio | 0.1831 |
Vivotek Backtested Returns
At this stage we consider Vivotek Stock to be very steady. Vivotek owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0419, which indicates the firm had a 0.0419% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vivotek, which you can use to evaluate the volatility of the company. Please validate Vivotek's Risk Adjusted Performance of 0.0549, coefficient of variation of 1578.27, and Semi Deviation of 1.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.0862%. Vivotek has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vivotek's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vivotek is expected to be smaller as well. Vivotek right now has a risk of 2.06%. Please validate Vivotek sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Vivotek will be following its existing price patterns.
Auto-correlation | -0.57 |
Good reverse predictability
Vivotek has good reverse predictability. Overlapping area represents the amount of predictability between Vivotek time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd of December 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 Vivotek price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Vivotek price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 37.93 |
Vivotek lagged returns against current returns
Autocorrelation, which is Vivotek 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 Vivotek's stock expected returns. We can calculate the autocorrelation of Vivotek returns to help us make a trade decision. For example, suppose you find that Vivotek 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 |
Vivotek 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 Vivotek stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vivotek stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vivotek stock over time.
Current vs Lagged Prices |
| Timeline |
Vivotek Lagged Returns
When evaluating Vivotek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vivotek stock have on its future price. Vivotek 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, Vivotek autocorrelation shows the relationship between Vivotek stock current value and its past values and can show if there is a momentum factor associated with investing in Vivotek.
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 Vivotek Stock Analysis
When running Vivotek's price analysis, check to measure Vivotek'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 Vivotek is operating at the current time. Most of Vivotek's value examination focuses on studying past and present price action to predict the probability of Vivotek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vivotek's price. Additionally, you may evaluate how the addition of Vivotek to your portfolios can decrease your overall portfolio volatility.