Da Lue (Taiwan) Market Value
| 4804 Stock | TWD 4.37 0.00 0.00% |
| Symbol | 4804 |
Da Lue '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 Da Lue'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 Da Lue.
| 12/13/2024 |
| 01/12/2025 |
If you would invest 0.00 in Da Lue on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Da Lue International or generate 0.0% return on investment in Da Lue over 30 days. Da Lue is related to or competes with U Media, WinMate Communication, RiTdisplay Corp, Sunspring Metal, Emerging Display, and Asustek Computer. Da Lue International Holding Company Limited, an investment holding company, provides wedding services in China More
Da Lue 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 Da Lue'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 Da Lue International upside and downside potential and time the market with a certain degree of confidence.
Da Lue Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Da Lue's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Da Lue's standard deviation. In reality, there are many statistical measures that can use Da Lue historical prices to predict the future Da Lue's volatility.Da Lue International Backtested Returns
We have found three technical indicators for Da Lue, which you can use to evaluate the volatility of the firm. The firm owns a Beta (Systematic Risk) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Da Lue are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Da Lue International has perfect predictability. Overlapping area represents the amount of predictability between Da Lue time series from 13th of December 2024 to 28th of December 2024 and 28th of December 2024 to 12th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Da Lue International price movement. The serial correlation of 1.0 indicates that 100.0% of current Da Lue price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Da Lue International lagged returns against current returns
Autocorrelation, which is Da Lue 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 Da Lue's stock expected returns. We can calculate the autocorrelation of Da Lue returns to help us make a trade decision. For example, suppose you find that Da Lue 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 |
Da Lue 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 Da Lue stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Da Lue stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Da Lue stock over time.
Current vs Lagged Prices |
| Timeline |
Da Lue Lagged Returns
When evaluating Da Lue's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Da Lue stock have on its future price. Da Lue 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, Da Lue autocorrelation shows the relationship between Da Lue stock current value and its past values and can show if there is a momentum factor associated with investing in Da Lue International.
Regressed Prices |
| Timeline |
Pair Trading with Da Lue
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Da Lue position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Da Lue will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Da Lue could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Da Lue when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Da Lue - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Da Lue International to buy it.
The correlation of Da Lue is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Da Lue moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Da Lue International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Da Lue can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for 4804 Stock Analysis
When running Da Lue's price analysis, check to measure Da Lue'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 Da Lue is operating at the current time. Most of Da Lue's value examination focuses on studying past and present price action to predict the probability of Da Lue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Da Lue's price. Additionally, you may evaluate how the addition of Da Lue to your portfolios can decrease your overall portfolio volatility.