Pou Chen (Taiwan) Market Value
| 9904 Stock | TWD 43.05 0.55 1.26% |
| Symbol | Pou |
Pou Chen '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 Pou Chen'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 Pou Chen.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Pou Chen on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pou Chen Corp or generate 0.0% return on investment in Pou Chen over 30 days. Pou Chen is related to or competes with Taiwan Semiconductor, Hon Hai, MediaTek, Chunghwa Telecom, Chailease Holding, Delta Electronics, and Formosa Petrochemical. Pou Chen Corporation manufactures and sells athletic, casual, and outdoor shoes in Taiwan and internationally More
Pou Chen 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 Pou Chen'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 Pou Chen Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.1683 | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 2.71 |
Pou Chen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pou Chen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pou Chen's standard deviation. In reality, there are many statistical measures that can use Pou Chen historical prices to predict the future Pou Chen's volatility.| Risk Adjusted Performance | 0.2038 | |||
| Jensen Alpha | 0.347 | |||
| Total Risk Alpha | 0.1363 | |||
| Sortino Ratio | 0.2249 | |||
| Treynor Ratio | 2.93 |
Pou Chen Corp Backtested Returns
Pou Chen appears to be very steady, given 3 months investment horizon. Pou Chen Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pou Chen Corp, which you can use to evaluate the volatility of the company. Please evaluate Pou Chen's Risk Adjusted Performance of 0.2038, semi deviation of 0.709, and Coefficient Of Variation of 385.18 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pou Chen holds a performance score of 19. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pou Chen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pou Chen is expected to be smaller as well. Please check Pou Chen's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Pou Chen's historical price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Pou Chen Corp has modest predictability. Overlapping area represents the amount of predictability between Pou Chen time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Pou Chen Corp price movement. The serial correlation of 0.5 indicates that about 50.0% of current Pou Chen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 2.24 |
Pou Chen Corp lagged returns against current returns
Autocorrelation, which is Pou Chen 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 Pou Chen's stock expected returns. We can calculate the autocorrelation of Pou Chen returns to help us make a trade decision. For example, suppose you find that Pou Chen 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 |
Pou Chen 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 Pou Chen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pou Chen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pou Chen stock over time.
Current vs Lagged Prices |
| Timeline |
Pou Chen Lagged Returns
When evaluating Pou Chen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pou Chen stock have on its future price. Pou Chen 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, Pou Chen autocorrelation shows the relationship between Pou Chen stock current value and its past values and can show if there is a momentum factor associated with investing in Pou Chen 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 Pou Stock Analysis
When running Pou Chen's price analysis, check to measure Pou Chen'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 Pou Chen is operating at the current time. Most of Pou Chen's value examination focuses on studying past and present price action to predict the probability of Pou Chen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pou Chen's price. Additionally, you may evaluate how the addition of Pou Chen to your portfolios can decrease your overall portfolio volatility.