Yulon Finance (Taiwan) Market Value
| 9941 Stock | TWD 119.50 0.50 0.42% |
| Symbol | Yulon |
Yulon Finance '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 Yulon Finance'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 Yulon Finance.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Yulon Finance on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Yulon Finance Corp or generate 0.0% return on investment in Yulon Finance over 30 days. Yulon Finance is related to or competes with Fubon Financial, Cathay Financial, and ESUN Financial. Yulon Finance Corporation provides various financial services in Taiwan, China, and internationally More
Yulon Finance 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 Yulon Finance'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 Yulon Finance Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 12.79 | |||
| Value At Risk | (4.69) | |||
| Potential Upside | 2.1 |
Yulon Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yulon Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yulon Finance's standard deviation. In reality, there are many statistical measures that can use Yulon Finance historical prices to predict the future Yulon Finance's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 2.12 |
Yulon Finance Corp Backtested Returns
Yulon Finance Corp shows Sharpe Ratio of -0.15, which attests that the company had a -0.15% return per unit of risk over the last 3 months. Yulon Finance Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yulon Finance's Market Risk Adjusted Performance of 2.13, mean deviation of 1.22, and Standard Deviation of 1.97 to validate the risk estimate we provide. The firm maintains a market beta of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yulon Finance are expected to decrease at a much lower rate. During the bear market, Yulon Finance is likely to outperform the market. At this point, Yulon Finance Corp has a negative expected return of -0.28%. Please make sure to check out Yulon Finance's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Yulon Finance Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.74 |
Good predictability
Yulon Finance Corp has good predictability. Overlapping area represents the amount of predictability between Yulon Finance time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Yulon Finance Corp price movement. The serial correlation of 0.74 indicates that around 74.0% of current Yulon Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 57.34 |
Yulon Finance Corp lagged returns against current returns
Autocorrelation, which is Yulon Finance 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 Yulon Finance's stock expected returns. We can calculate the autocorrelation of Yulon Finance returns to help us make a trade decision. For example, suppose you find that Yulon Finance 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 |
Yulon Finance 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 Yulon Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yulon Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yulon Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Yulon Finance Lagged Returns
When evaluating Yulon Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yulon Finance stock have on its future price. Yulon Finance 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, Yulon Finance autocorrelation shows the relationship between Yulon Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Yulon Finance Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Yulon Stock Analysis
When running Yulon Finance's price analysis, check to measure Yulon Finance'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 Yulon Finance is operating at the current time. Most of Yulon Finance's value examination focuses on studying past and present price action to predict the probability of Yulon Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yulon Finance's price. Additionally, you may evaluate how the addition of Yulon Finance to your portfolios can decrease your overall portfolio volatility.