San Fu (Taiwan) Market Value
| 4755 Stock | TWD 122.50 1.50 1.24% |
| Symbol | San |
San Fu '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 San Fu'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 San Fu.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in San Fu on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding San Fu Chemical or generate 0.0% return on investment in San Fu over 360 days. San Fu is related to or competes with Delta Electronics, China Steel, Hota Industrial, Ruentex Development, Symtek Automation, CTCI Corp, and Information Technology. San Fu Chemical Co., Ltd. manufactures and sells chemical products primarily in Taiwan More
San Fu 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 San Fu'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 San Fu Chemical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 16.09 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 2.86 |
San Fu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for San Fu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as San Fu's standard deviation. In reality, there are many statistical measures that can use San Fu historical prices to predict the future San Fu's volatility.| Risk Adjusted Performance | 0.0178 | |||
| Jensen Alpha | 0.0209 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.7392 |
San Fu Chemical Backtested Returns
San Fu Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0167, which indicates the firm had a -0.0167% return per unit of risk over the last 3 months. San Fu Chemical exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate San Fu's Coefficient Of Variation of 6984.14, risk adjusted performance of 0.0178, and Semi Deviation of 1.93 to confirm the risk estimate we provide. The entity has a beta of 0.0338, which indicates not very significant fluctuations relative to the market. As returns on the market increase, San Fu's returns are expected to increase less than the market. However, during the bear market, the loss of holding San Fu is expected to be smaller as well. At this point, San Fu Chemical has a negative expected return of -0.035%. Please make sure to validate San Fu's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if San Fu Chemical performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
San Fu Chemical has good reverse predictability. Overlapping area represents the amount of predictability between San Fu time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 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 San Fu Chemical price movement. The serial correlation of -0.53 indicates that about 53.0% of current San Fu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 67.51 |
San Fu Chemical lagged returns against current returns
Autocorrelation, which is San Fu 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 San Fu's stock expected returns. We can calculate the autocorrelation of San Fu returns to help us make a trade decision. For example, suppose you find that San Fu 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 |
San Fu 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 San Fu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if San Fu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in San Fu stock over time.
Current vs Lagged Prices |
| Timeline |
San Fu Lagged Returns
When evaluating San Fu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of San Fu stock have on its future price. San Fu 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, San Fu autocorrelation shows the relationship between San Fu stock current value and its past values and can show if there is a momentum factor associated with investing in San Fu Chemical.
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 San Stock Analysis
When running San Fu's price analysis, check to measure San Fu'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 San Fu is operating at the current time. Most of San Fu's value examination focuses on studying past and present price action to predict the probability of San Fu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move San Fu's price. Additionally, you may evaluate how the addition of San Fu to your portfolios can decrease your overall portfolio volatility.