In Win (Taiwan) Market Value
| 6117 Stock | TWD 105.00 9.50 9.95% |
| Symbol | 6117 |
In Win '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 In Win'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 In Win.
| 05/08/2023 |
| 11/28/2024 |
If you would invest 0.00 in In Win on May 8, 2023 and sell it all today you would earn a total of 0.00 from holding In Win Development or generate 0.0% return on investment in In Win over 570 days. In Win is related to or competes with Sitronix Technology, and Elan Microelectronics. In Win Development Inc. manufactures and sells computer chassis, power supply, cloud, and other products worldwide More
In Win 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 In Win'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 In Win Development upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.74 | |||
| Value At Risk | (4.25) | |||
| Potential Upside | 4.55 |
In Win Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for In Win's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as In Win's standard deviation. In reality, there are many statistical measures that can use In Win historical prices to predict the future In Win's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.24) |
In Win Development Backtested Returns
At this stage we consider 6117 Stock to be very steady. In Win Development retains Efficiency (Sharpe Ratio) of 0.0198, which attests that the entity had a 0.0198% return per unit of price deviation over the last 3 months. We have found twenty-three technical indicators for In Win, which you can use to evaluate the volatility of the firm. Please check out In Win's Market Risk Adjusted Performance of (0.23), information ratio of (0.11), and Coefficient Of Variation of (1,568) to validate if the risk estimate we provide is consistent with the expected return of 0.06%. In Win has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, In Win's returns are expected to increase less than the market. However, during the bear market, the loss of holding In Win is expected to be smaller as well. In Win Development at this time owns a risk of 3.03%. Please check out In Win Development coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if In Win Development will be following its current price history.
Auto-correlation | 0.21 |
Weak predictability
In Win Development has weak predictability. Overlapping area represents the amount of predictability between In Win time series from 8th of May 2023 to 17th of February 2024 and 17th of February 2024 to 28th 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 In Win Development price movement. The serial correlation of 0.21 indicates that over 21.0% of current In Win price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 327.39 |
In Win Development lagged returns against current returns
Autocorrelation, which is In Win 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 In Win's stock expected returns. We can calculate the autocorrelation of In Win returns to help us make a trade decision. For example, suppose you find that In Win 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 |
In Win 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 In Win stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if In Win stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in In Win stock over time.
Current vs Lagged Prices |
| Timeline |
In Win Lagged Returns
When evaluating In Win's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of In Win stock have on its future price. In Win 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, In Win autocorrelation shows the relationship between In Win stock current value and its past values and can show if there is a momentum factor associated with investing in In Win Development.
Regressed Prices |
| Timeline |
Also Currently Popular
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 6117 Stock Analysis
When running In Win's price analysis, check to measure In Win'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 In Win is operating at the current time. Most of In Win's value examination focuses on studying past and present price action to predict the probability of In Win's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move In Win's price. Additionally, you may evaluate how the addition of In Win to your portfolios can decrease your overall portfolio volatility.