Transart Graphics (Taiwan) Market Value
| 8481 Stock | TWD 42.40 0.40 0.95% |
| Symbol | Transart |
Transart Graphics '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 Transart Graphics' 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 Transart Graphics.
| 02/28/2024 |
| 01/18/2026 |
If you would invest 0.00 in Transart Graphics on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Transart Graphics Co or generate 0.0% return on investment in Transart Graphics over 690 days. Transart Graphics is related to or competes with I Jang, Eclat Forever, Bai Sha, Rich Honour, TECO Image, XAC Automation, and Adda. Transart Graphics Co., Ltd. operates in the screen print industry worldwide More
Transart Graphics 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 Transart Graphics' 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 Transart Graphics Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.21 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.12 |
Transart Graphics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transart Graphics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transart Graphics' standard deviation. In reality, there are many statistical measures that can use Transart Graphics historical prices to predict the future Transart Graphics' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.90) |
Transart Graphics Backtested Returns
Transart Graphics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0157, which indicates the firm had a -0.0157 % return per unit of risk over the last 3 months. Transart Graphics Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transart Graphics' Variance of 0.3621, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,428) to confirm the risk estimate we provide. The entity has a beta of 0.0385, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Transart Graphics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Transart Graphics is expected to be smaller as well. At this point, Transart Graphics has a negative expected return of -0.0094%. Please make sure to validate Transart Graphics' mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Transart Graphics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Transart Graphics Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Transart Graphics time series from 28th of February 2024 to 7th of February 2025 and 7th of February 2025 to 18th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Transart Graphics price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Transart Graphics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 6.02 |
Transart Graphics lagged returns against current returns
Autocorrelation, which is Transart Graphics 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 Transart Graphics' stock expected returns. We can calculate the autocorrelation of Transart Graphics returns to help us make a trade decision. For example, suppose you find that Transart Graphics 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 |
Transart Graphics 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 Transart Graphics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transart Graphics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transart Graphics stock over time.
Current vs Lagged Prices |
| Timeline |
Transart Graphics Lagged Returns
When evaluating Transart Graphics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transart Graphics stock have on its future price. Transart Graphics 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, Transart Graphics autocorrelation shows the relationship between Transart Graphics stock current value and its past values and can show if there is a momentum factor associated with investing in Transart Graphics Co.
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 Transart Stock Analysis
When running Transart Graphics' price analysis, check to measure Transart Graphics' 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 Transart Graphics is operating at the current time. Most of Transart Graphics' value examination focuses on studying past and present price action to predict the probability of Transart Graphics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transart Graphics' price. Additionally, you may evaluate how the addition of Transart Graphics to your portfolios can decrease your overall portfolio volatility.