Thunder Tiger (Taiwan) Market Value
| 8033 Stock | TWD 57.70 1.80 3.03% |
| Symbol | Thunder |
Thunder Tiger '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 Thunder Tiger'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 Thunder Tiger.
| 05/08/2023 |
| 11/28/2024 |
If you would invest 0.00 in Thunder Tiger on May 8, 2023 and sell it all today you would earn a total of 0.00 from holding Thunder Tiger Corp or generate 0.0% return on investment in Thunder Tiger over 570 days. Thunder Tiger is related to or competes with Yulon Finance, Taiwan Secom, and Great Wall. Thunder Tiger Corp. primarily manufactures and sells RC cars worldwide More
Thunder Tiger 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 Thunder Tiger'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 Thunder Tiger Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.19 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.93 |
Thunder Tiger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thunder Tiger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thunder Tiger's standard deviation. In reality, there are many statistical measures that can use Thunder Tiger historical prices to predict the future Thunder Tiger's volatility.| Risk Adjusted Performance | 0.0136 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0106 |
Thunder Tiger Corp Backtested Returns
Thunder Tiger Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0098, which indicates the firm had a -0.0098% return per unit of risk over the last 3 months. Thunder Tiger Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thunder Tiger's Semi Deviation of 1.6, coefficient of variation of 10329.07, and Risk Adjusted Performance of 0.0136 to confirm the risk estimate we provide. The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. Thunder Tiger returns are very sensitive to returns on the market. As the market goes up or down, Thunder Tiger is expected to follow. At this point, Thunder Tiger Corp has a negative expected return of -0.0204%. Please make sure to validate Thunder Tiger's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Thunder Tiger Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Thunder Tiger Corp has insignificant predictability. Overlapping area represents the amount of predictability between Thunder Tiger 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 Thunder Tiger Corp price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Thunder Tiger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 72.87 |
Thunder Tiger Corp lagged returns against current returns
Autocorrelation, which is Thunder Tiger 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 Thunder Tiger's stock expected returns. We can calculate the autocorrelation of Thunder Tiger returns to help us make a trade decision. For example, suppose you find that Thunder Tiger 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 |
Thunder Tiger 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 Thunder Tiger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thunder Tiger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thunder Tiger stock over time.
Current vs Lagged Prices |
| Timeline |
Thunder Tiger Lagged Returns
When evaluating Thunder Tiger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thunder Tiger stock have on its future price. Thunder Tiger 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, Thunder Tiger autocorrelation shows the relationship between Thunder Tiger stock current value and its past values and can show if there is a momentum factor associated with investing in Thunder Tiger 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 Thunder Stock Analysis
When running Thunder Tiger's price analysis, check to measure Thunder Tiger'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 Thunder Tiger is operating at the current time. Most of Thunder Tiger's value examination focuses on studying past and present price action to predict the probability of Thunder Tiger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunder Tiger's price. Additionally, you may evaluate how the addition of Thunder Tiger to your portfolios can decrease your overall portfolio volatility.