Apogee Optocom (Taiwan) Market Value
| 6426 Stock | TWD 92.20 4.50 5.13% |
| Symbol | Apogee |
Apogee Optocom '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 Apogee Optocom'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 Apogee Optocom.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in Apogee Optocom on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Apogee Optocom Co or generate 0.0% return on investment in Apogee Optocom over 360 days. Apogee Optocom is related to or competes with Skardin Industrial, Cameo Communications, YFC BonEagle, Ruby Tech, Formosa Electronic, SIM Technology, and Chaintech Technology. Apogee Optocom Co., Ltd. manufactures and sells communication components More
Apogee Optocom 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 Apogee Optocom'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 Apogee Optocom Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.33 | |||
| Information Ratio | 0.0935 | |||
| Maximum Drawdown | 17.12 | |||
| Value At Risk | (5.78) | |||
| Potential Upside | 9.74 |
Apogee Optocom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apogee Optocom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apogee Optocom's standard deviation. In reality, there are many statistical measures that can use Apogee Optocom historical prices to predict the future Apogee Optocom's volatility.| Risk Adjusted Performance | 0.0932 | |||
| Jensen Alpha | 0.3257 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1054 | |||
| Treynor Ratio | 0.3599 |
Apogee Optocom Backtested Returns
Apogee Optocom appears to be very steady, given 3 months investment horizon. Apogee Optocom secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Apogee Optocom Co, which you can use to evaluate the volatility of the firm. Please makes use of Apogee Optocom's Mean Deviation of 2.62, downside deviation of 3.33, and Risk Adjusted Performance of 0.0932 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Apogee Optocom holds a performance score of 9. The firm shows a Beta (market volatility) of 1.25, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Apogee Optocom will likely underperform. Please check Apogee Optocom's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Apogee Optocom's price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Apogee Optocom Co has insignificant predictability. Overlapping area represents the amount of predictability between Apogee Optocom time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Apogee Optocom price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Apogee Optocom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 96.02 |
Apogee Optocom lagged returns against current returns
Autocorrelation, which is Apogee Optocom 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 Apogee Optocom's stock expected returns. We can calculate the autocorrelation of Apogee Optocom returns to help us make a trade decision. For example, suppose you find that Apogee Optocom 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 |
Apogee Optocom 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 Apogee Optocom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apogee Optocom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apogee Optocom stock over time.
Current vs Lagged Prices |
| Timeline |
Apogee Optocom Lagged Returns
When evaluating Apogee Optocom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apogee Optocom stock have on its future price. Apogee Optocom 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, Apogee Optocom autocorrelation shows the relationship between Apogee Optocom stock current value and its past values and can show if there is a momentum factor associated with investing in Apogee Optocom Co.
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 Apogee Stock Analysis
When running Apogee Optocom's price analysis, check to measure Apogee Optocom'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 Apogee Optocom is operating at the current time. Most of Apogee Optocom's value examination focuses on studying past and present price action to predict the probability of Apogee Optocom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apogee Optocom's price. Additionally, you may evaluate how the addition of Apogee Optocom to your portfolios can decrease your overall portfolio volatility.