Arcadyan Technology (Taiwan) Market Value
| 3596 Stock | TWD 167.00 1.00 0.60% |
| Symbol | Arcadyan |
Arcadyan Technology '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 Arcadyan Technology'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 Arcadyan Technology.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Arcadyan Technology on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Arcadyan Technology Corp or generate 0.0% return on investment in Arcadyan Technology over 720 days. Arcadyan Technology is related to or competes with Sercomm Corp, Wistron NeWeb, Accton Technology, Gemtek Technology, and Kinsus Interconnect. Arcadyan Technology Corporation, together with its subsidiaries, manufactures and sells broadband access, multimedia, an... More
Arcadyan Technology 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 Arcadyan Technology'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 Arcadyan Technology Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | 0.0392 | |||
| Maximum Drawdown | 11.52 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 3.45 |
Arcadyan Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arcadyan Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arcadyan Technology's standard deviation. In reality, there are many statistical measures that can use Arcadyan Technology historical prices to predict the future Arcadyan Technology's volatility.| Risk Adjusted Performance | 0.0877 | |||
| Jensen Alpha | 0.0865 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0353 | |||
| Treynor Ratio | 0.2154 |
Arcadyan Technology Corp Backtested Returns
Arcadyan Technology appears to be very steady, given 3 months investment horizon. Arcadyan Technology Corp secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Arcadyan Technology Corp, which you can use to evaluate the volatility of the firm. Please makes use of Arcadyan Technology's mean deviation of 1.4, and Risk Adjusted Performance of 0.0877 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arcadyan Technology holds a performance score of 9. The firm shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Arcadyan Technology returns are very sensitive to returns on the market. As the market goes up or down, Arcadyan Technology is expected to follow. Please check Arcadyan Technology's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Arcadyan Technology's price patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Arcadyan Technology Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Arcadyan Technology time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 Arcadyan Technology Corp price movement. The serial correlation of -0.66 indicates that around 66.0% of current Arcadyan Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 231.9 |
Arcadyan Technology Corp lagged returns against current returns
Autocorrelation, which is Arcadyan Technology 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 Arcadyan Technology's stock expected returns. We can calculate the autocorrelation of Arcadyan Technology returns to help us make a trade decision. For example, suppose you find that Arcadyan Technology 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 |
Arcadyan Technology 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 Arcadyan Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arcadyan Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arcadyan Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Arcadyan Technology Lagged Returns
When evaluating Arcadyan Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arcadyan Technology stock have on its future price. Arcadyan Technology 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, Arcadyan Technology autocorrelation shows the relationship between Arcadyan Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Arcadyan Technology Corp.
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 Arcadyan Stock Analysis
When running Arcadyan Technology's price analysis, check to measure Arcadyan Technology'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 Arcadyan Technology is operating at the current time. Most of Arcadyan Technology's value examination focuses on studying past and present price action to predict the probability of Arcadyan Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcadyan Technology's price. Additionally, you may evaluate how the addition of Arcadyan Technology to your portfolios can decrease your overall portfolio volatility.