Arima Communications (Taiwan) Market Value
| 8101 Stock | TWD 22.10 2.00 9.95% |
| Symbol | Arima |
Arima Communications '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 Arima Communications' 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 Arima Communications.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Arima Communications on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Arima Communications Corp or generate 0.0% return on investment in Arima Communications over 30 days. Arima Communications is related to or competes with Silitech Technology, Merry Electronics, Cheng Uei, Wistron NeWeb, and Qisda Corp. Arima Communications Corp. researches, develops, designs, manufactures, and sells mobile communication and Internet of T... More
Arima Communications 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 Arima Communications' 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 Arima Communications Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.3538 | |||
| Maximum Drawdown | 0.4306 | |||
| Potential Upside | 9.91 |
Arima Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arima Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arima Communications' standard deviation. In reality, there are many statistical measures that can use Arima Communications historical prices to predict the future Arima Communications' volatility.| Risk Adjusted Performance | 0.3092 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | 0.7633 | |||
| Treynor Ratio | 2.43 |
Arima Communications Corp Backtested Returns
Arima Communications is not too volatile given 3 months investment horizon. Arima Communications Corp secures Sharpe Ratio (or Efficiency) of 0.4, which signifies that the company had a 0.4% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty different technical indicators, which can help you to evaluate if expected returns of 1.41% are justified by taking the suggested risk. Use Arima Communications Mean Deviation of 2.32, standard deviation of 3.4, and Risk Adjusted Performance of 0.3092 to evaluate company specific risk that cannot be diversified away. Arima Communications holds a performance score of 31 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arima Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Arima Communications is expected to be smaller as well. Use Arima Communications standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to analyze future returns on Arima Communications.
Auto-correlation | -92,233,720,368,547,760 |
Near perfect reversele predictability
Arima Communications Corp has near perfect reversele predictability. Overlapping area represents the amount of predictability between Arima Communications time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Arima Communications Corp price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current Arima Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -92233.7 T | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 17.15 |
Arima Communications Corp lagged returns against current returns
Autocorrelation, which is Arima Communications 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 Arima Communications' stock expected returns. We can calculate the autocorrelation of Arima Communications returns to help us make a trade decision. For example, suppose you find that Arima Communications 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 |
Arima Communications 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 Arima Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arima Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arima Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Arima Communications Lagged Returns
When evaluating Arima Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arima Communications stock have on its future price. Arima Communications 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, Arima Communications autocorrelation shows the relationship between Arima Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Arima Communications 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 Arima Stock Analysis
When running Arima Communications' price analysis, check to measure Arima Communications' 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 Arima Communications is operating at the current time. Most of Arima Communications' value examination focuses on studying past and present price action to predict the probability of Arima Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arima Communications' price. Additionally, you may evaluate how the addition of Arima Communications to your portfolios can decrease your overall portfolio volatility.