AMPACS Corp (Taiwan) Market Value
| 6743 Stock | TWD 43.80 2.85 6.11% |
| Symbol | AMPACS |
AMPACS Corp '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 AMPACS Corp'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 AMPACS Corp.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in AMPACS Corp on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding AMPACS Corp or generate 0.0% return on investment in AMPACS Corp over 30 days. AMPACS Corp is related to or competes with Auden Techno, VIA Labs, Orient Semiconductor, AP Memory, and Formosa Advanced. AMPACS Corporation engages in the design, manufacture, and sale of smart electronics More
AMPACS Corp 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 AMPACS Corp'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 AMPACS Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 12.88 | |||
| Value At Risk | (6.03) | |||
| Potential Upside | 2.97 |
AMPACS Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMPACS Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMPACS Corp's standard deviation. In reality, there are many statistical measures that can use AMPACS Corp historical prices to predict the future AMPACS Corp's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.10) | |||
| Treynor Ratio | (0.96) |
AMPACS Corp Backtested Returns
AMPACS Corp secures Sharpe Ratio (or Efficiency) of -0.29, which signifies that the company had a -0.29% return per unit of risk over the last 3 months. AMPACS Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMPACS Corp's risk adjusted performance of (0.18), and Mean Deviation of 1.83 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AMPACS Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding AMPACS Corp is expected to be smaller as well. At this point, AMPACS Corp has a negative expected return of -0.66%. Please make sure to confirm AMPACS Corp's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if AMPACS Corp performance from the past will be repeated in the future.
Auto-correlation | 0.14 |
Insignificant predictability
AMPACS Corp has insignificant predictability. Overlapping area represents the amount of predictability between AMPACS Corp time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 AMPACS Corp price movement. The serial correlation of 0.14 indicates that less than 14.0% of current AMPACS Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 1.24 |
AMPACS Corp lagged returns against current returns
Autocorrelation, which is AMPACS Corp 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 AMPACS Corp's stock expected returns. We can calculate the autocorrelation of AMPACS Corp returns to help us make a trade decision. For example, suppose you find that AMPACS Corp 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 |
AMPACS Corp 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 AMPACS Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMPACS Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMPACS Corp stock over time.
Current vs Lagged Prices |
| Timeline |
AMPACS Corp Lagged Returns
When evaluating AMPACS Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMPACS Corp stock have on its future price. AMPACS Corp 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, AMPACS Corp autocorrelation shows the relationship between AMPACS Corp stock current value and its past values and can show if there is a momentum factor associated with investing in AMPACS Corp.
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 AMPACS Stock Analysis
When running AMPACS Corp's price analysis, check to measure AMPACS Corp'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 AMPACS Corp is operating at the current time. Most of AMPACS Corp's value examination focuses on studying past and present price action to predict the probability of AMPACS Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMPACS Corp's price. Additionally, you may evaluate how the addition of AMPACS Corp to your portfolios can decrease your overall portfolio volatility.