Dadi Early (Taiwan) Market Value
| 8437 Stock | TWD 28.40 0.15 0.53% |
| Symbol | Dadi |
Dadi Early '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 Dadi Early'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 Dadi Early.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Dadi Early on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Dadi Early Childhood Education or generate 0.0% return on investment in Dadi Early over 510 days. Dadi Early is related to or competes with YuantaP Shares, YuantaP Shares, YuantaP Shares, and Fubon MSCI. Dadi Early-Childhood Education Group Limited provides early childhood education management consulting services in Mainla... More
Dadi Early 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 Dadi Early'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 Dadi Early Childhood Education upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.15 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 2.76 |
Dadi Early Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dadi Early's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dadi Early's standard deviation. In reality, there are many statistical measures that can use Dadi Early historical prices to predict the future Dadi Early's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.2257 |
Dadi Early Childhood Backtested Returns
Dadi Early Childhood secures Sharpe Ratio (or Efficiency) of -0.0337, which denotes the company had a -0.0337% return per unit of standard deviation over the last 3 months. Dadi Early Childhood Education exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dadi Early's Standard Deviation of 2.43, coefficient of variation of (7,067), and Mean Deviation of 1.55 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dadi Early are expected to decrease at a much lower rate. During the bear market, Dadi Early is likely to outperform the market. At this point, Dadi Early Childhood has a negative expected return of -0.0821%. Please make sure to confirm Dadi Early's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Dadi Early Childhood performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Dadi Early Childhood Education has virtually no predictability. Overlapping area represents the amount of predictability between Dadi Early time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Dadi Early Childhood price movement. The serial correlation of 0.01 indicates that just 1.0% of current Dadi Early price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 4.43 |
Dadi Early Childhood lagged returns against current returns
Autocorrelation, which is Dadi Early 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 Dadi Early's stock expected returns. We can calculate the autocorrelation of Dadi Early returns to help us make a trade decision. For example, suppose you find that Dadi Early 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 |
Dadi Early 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 Dadi Early stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dadi Early stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dadi Early stock over time.
Current vs Lagged Prices |
| Timeline |
Dadi Early Lagged Returns
When evaluating Dadi Early's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dadi Early stock have on its future price. Dadi Early 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, Dadi Early autocorrelation shows the relationship between Dadi Early stock current value and its past values and can show if there is a momentum factor associated with investing in Dadi Early Childhood Education.
Regressed Prices |
| Timeline |
Pair Trading with Dadi Early
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dadi Early position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dadi Early will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dadi Early could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dadi Early when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dadi Early - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dadi Early Childhood Education to buy it.
The correlation of Dadi Early is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dadi Early moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dadi Early Childhood moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dadi Early can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Dadi Stock Analysis
When running Dadi Early's price analysis, check to measure Dadi Early'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 Dadi Early is operating at the current time. Most of Dadi Early's value examination focuses on studying past and present price action to predict the probability of Dadi Early's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dadi Early's price. Additionally, you may evaluate how the addition of Dadi Early to your portfolios can decrease your overall portfolio volatility.