Taiwan Sakura (Taiwan) Market Value
| 9911 Stock | TWD 84.10 0.60 0.72% |
| Symbol | Taiwan |
Taiwan Sakura '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 Taiwan Sakura'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 Taiwan Sakura.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Taiwan Sakura on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Taiwan Sakura Corp or generate 0.0% return on investment in Taiwan Sakura over 660 days. Taiwan Sakura is related to or competes with Yulon Finance, Taiwan Secom, Pou Chen, Taiwan Hon, and Great Wall. Taiwan Sakura Corporation manufactures and trades in kitchen appliances in Taiwan and internationally More
Taiwan Sakura 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 Taiwan Sakura'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 Taiwan Sakura Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 4.79 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.69 |
Taiwan Sakura Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiwan Sakura's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiwan Sakura's standard deviation. In reality, there are many statistical measures that can use Taiwan Sakura historical prices to predict the future Taiwan Sakura's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 13.02 |
Taiwan Sakura Corp Backtested Returns
Taiwan Sakura Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.096, which indicates the firm had a -0.096% return per unit of risk over the last 3 months. Taiwan Sakura Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taiwan Sakura's Coefficient Of Variation of (891.15), variance of 0.8258, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of -0.0086, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Taiwan Sakura are expected to decrease at a much lower rate. During the bear market, Taiwan Sakura is likely to outperform the market. At this point, Taiwan Sakura Corp has a negative expected return of -0.0859%. Please make sure to validate Taiwan Sakura's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Taiwan Sakura Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.06 |
Very weak reverse predictability
Taiwan Sakura Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Taiwan Sakura time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 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 Taiwan Sakura Corp price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Taiwan Sakura price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 48.01 |
Taiwan Sakura Corp lagged returns against current returns
Autocorrelation, which is Taiwan Sakura 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 Taiwan Sakura's stock expected returns. We can calculate the autocorrelation of Taiwan Sakura returns to help us make a trade decision. For example, suppose you find that Taiwan Sakura 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 |
Taiwan Sakura 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 Taiwan Sakura stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taiwan Sakura stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taiwan Sakura stock over time.
Current vs Lagged Prices |
| Timeline |
Taiwan Sakura Lagged Returns
When evaluating Taiwan Sakura's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taiwan Sakura stock have on its future price. Taiwan Sakura 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, Taiwan Sakura autocorrelation shows the relationship between Taiwan Sakura stock current value and its past values and can show if there is a momentum factor associated with investing in Taiwan Sakura 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 Taiwan Stock Analysis
When running Taiwan Sakura's price analysis, check to measure Taiwan Sakura'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 Taiwan Sakura is operating at the current time. Most of Taiwan Sakura's value examination focuses on studying past and present price action to predict the probability of Taiwan Sakura's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Sakura's price. Additionally, you may evaluate how the addition of Taiwan Sakura to your portfolios can decrease your overall portfolio volatility.