AVer Information (Taiwan) Market Value
| 3669 Stock | TWD 42.95 0.60 1.42% |
| Symbol | AVer |
AVer Information '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 AVer Information'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 AVer Information.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in AVer Information on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding AVer Information or generate 0.0% return on investment in AVer Information over 30 days. AVer Information is related to or competes with Huang Hsiang, TECO Electric, Chiu Ting, Lihtai Construction, WINSON Machinery, Chien Kuo, and New Asia. AVer Information Inc. develops and manufactures education technology and video collaboration solutions in Taiwan and int... More
AVer Information 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 AVer Information'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 AVer Information upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.33 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.58 |
AVer Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AVer Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AVer Information's standard deviation. In reality, there are many statistical measures that can use AVer Information historical prices to predict the future AVer Information's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 5.33 |
AVer Information Backtested Returns
AVer Information secures Sharpe Ratio (or Efficiency) of -0.0717, which signifies that the company had a -0.0717% return per unit of standard deviation over the last 3 months. AVer Information exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AVer Information's risk adjusted performance of (0.03), and Mean Deviation of 1.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0226, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AVer Information are expected to decrease at a much lower rate. During the bear market, AVer Information is likely to outperform the market. At this point, AVer Information has a negative expected return of -0.15%. Please make sure to confirm AVer Information'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 AVer Information performance from the past will be repeated at some future point.
Auto-correlation | 0.00 |
No correlation between past and present
AVer Information has no correlation between past and present. Overlapping area represents the amount of predictability between AVer Information time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 AVer Information price movement. The serial correlation of 0.0 indicates that just 0.0% of current AVer Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
AVer Information lagged returns against current returns
Autocorrelation, which is AVer Information 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 AVer Information's stock expected returns. We can calculate the autocorrelation of AVer Information returns to help us make a trade decision. For example, suppose you find that AVer Information 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 |
AVer Information 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 AVer Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AVer Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AVer Information stock over time.
Current vs Lagged Prices |
| Timeline |
AVer Information Lagged Returns
When evaluating AVer Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AVer Information stock have on its future price. AVer Information 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, AVer Information autocorrelation shows the relationship between AVer Information stock current value and its past values and can show if there is a momentum factor associated with investing in AVer Information.
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 AVer Stock Analysis
When running AVer Information's price analysis, check to measure AVer Information'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 AVer Information is operating at the current time. Most of AVer Information's value examination focuses on studying past and present price action to predict the probability of AVer Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AVer Information's price. Additionally, you may evaluate how the addition of AVer Information to your portfolios can decrease your overall portfolio volatility.