Yusin Holding (Taiwan) Market Value
| 4557 Stock | TWD 146.50 1.00 0.69% |
| Symbol | Yusin |
Yusin Holding '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 Yusin Holding'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 Yusin Holding.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Yusin Holding on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Yusin Holding Corp or generate 0.0% return on investment in Yusin Holding over 90 days. Yusin Holding is related to or competes with YCC Parts, Hsing Ta, De Licacy, Ruentex Development, Symtek Automation, CTCI Corp, and Information Technology. Yusin Holding Corp. engages in the production, manufacture, and sale of auto brake part systems worldwide More
Yusin Holding 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 Yusin Holding'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 Yusin Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | 0.1457 | |||
| Maximum Drawdown | 14.18 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 3.93 |
Yusin Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yusin Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yusin Holding's standard deviation. In reality, there are many statistical measures that can use Yusin Holding historical prices to predict the future Yusin Holding's volatility.| Risk Adjusted Performance | 0.1632 | |||
| Jensen Alpha | 0.47 | |||
| Total Risk Alpha | 0.0945 | |||
| Sortino Ratio | 0.1341 | |||
| Treynor Ratio | (2.26) |
Yusin Holding Corp Backtested Returns
Yusin Holding appears to be very steady, given 3 months investment horizon. Yusin Holding Corp shows Sharpe Ratio of 0.22, which attests that the company had a 0.22% return per unit of risk over the last 3 months. By examining Yusin Holding's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Yusin Holding's Mean Deviation of 1.66, downside deviation of 2.43, and Market Risk Adjusted Performance of (2.25) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yusin Holding holds a performance score of 17. The firm maintains a market beta of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yusin Holding are expected to decrease at a much lower rate. During the bear market, Yusin Holding is likely to outperform the market. Please check Yusin Holding's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Yusin Holding's historical returns will revert.
Auto-correlation | 0.60 |
Good predictability
Yusin Holding Corp has good predictability. Overlapping area represents the amount of predictability between Yusin Holding time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Yusin Holding Corp price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Yusin Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 29.59 |
Yusin Holding Corp lagged returns against current returns
Autocorrelation, which is Yusin Holding 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 Yusin Holding's stock expected returns. We can calculate the autocorrelation of Yusin Holding returns to help us make a trade decision. For example, suppose you find that Yusin Holding 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 |
Yusin Holding 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 Yusin Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yusin Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yusin Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Yusin Holding Lagged Returns
When evaluating Yusin Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yusin Holding stock have on its future price. Yusin Holding 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, Yusin Holding autocorrelation shows the relationship between Yusin Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Yusin Holding 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 Yusin Stock Analysis
When running Yusin Holding's price analysis, check to measure Yusin Holding'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 Yusin Holding is operating at the current time. Most of Yusin Holding's value examination focuses on studying past and present price action to predict the probability of Yusin Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yusin Holding's price. Additionally, you may evaluate how the addition of Yusin Holding to your portfolios can decrease your overall portfolio volatility.