General Interface (Taiwan) Market Value
| 6456 Stock | TWD 50.00 1.60 3.10% |
| Symbol | General |
General Interface '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 General Interface'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 General Interface.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in General Interface on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding General Interface Solution or generate 0.0% return on investment in General Interface over 30 days. General Interface is related to or competes with Zhen Ding, TPK Holding, Catcher Technology, Flexium Interconnect, and LARGAN Precision. General Interface Solution Holding Limited engages in the research, development, production, and sales of touch and disp... More
General Interface 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 General Interface'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 General Interface Solution upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 6.88 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 2.94 |
General Interface Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Interface's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Interface's standard deviation. In reality, there are many statistical measures that can use General Interface historical prices to predict the future General Interface's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.83) |
General Interface Backtested Returns
General Interface holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. General Interface exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Interface's Standard Deviation of 1.72, market risk adjusted performance of (0.82), and Risk Adjusted Performance of (0.1) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, General Interface's returns are expected to increase less than the market. However, during the bear market, the loss of holding General Interface is expected to be smaller as well. At this point, General Interface has a negative expected return of -0.32%. Please make sure to check out General Interface's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if General Interface performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
General Interface Solution has good predictability. Overlapping area represents the amount of predictability between General Interface time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 General Interface price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current General Interface price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.6 |
General Interface lagged returns against current returns
Autocorrelation, which is General Interface 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 General Interface's stock expected returns. We can calculate the autocorrelation of General Interface returns to help us make a trade decision. For example, suppose you find that General Interface 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 |
General Interface 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 General Interface stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Interface stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General Interface stock over time.
Current vs Lagged Prices |
| Timeline |
General Interface Lagged Returns
When evaluating General Interface's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Interface stock have on its future price. General Interface 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, General Interface autocorrelation shows the relationship between General Interface stock current value and its past values and can show if there is a momentum factor associated with investing in General Interface Solution.
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 General Stock Analysis
When running General Interface's price analysis, check to measure General Interface'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 General Interface is operating at the current time. Most of General Interface's value examination focuses on studying past and present price action to predict the probability of General Interface's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Interface's price. Additionally, you may evaluate how the addition of General Interface to your portfolios can decrease your overall portfolio volatility.