Quanta Computer (Taiwan) Volatility
| 2382 Stock | TWD 325.50 2.50 0.77% |
Sharpe Ratio = 0.1059
| Leading Returns | Top Quartile | |||
| Strong | ||||
| Moderate | ||||
| Modest | 2382 | |||
| Cash | Low | Moderate | Elevated | High |
| Below Benchmark |
Estimated Market Risk
| 2.23 actual daily | 20 Higher volatility than 20% of comparable assets |
Expected Return
| 0.24 actual daily | 4 Outperformed by 96% of comparable assets |
Risk-Adjusted Return
| 0.11 actual daily | 8 8th percentile in risk-adjusted performance |
Latest disclosures for Quanta Computer show a Market Risk Adjusted Performance of 8.8%, a Risk of 2.23, and a Risk Adjusted Performance of 0.1%. The stock is currently at approximately 8% of its recent trend range per monthly moving averages.
Key indicators related to Quanta Computer's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Key risk metrics for Quanta Computer (3 Months):
Beta 0.0243 | Alpha 0.21 | Risk 2.23 | Sharpe Ratio 0.11 | Expected Return 0.24 |
Moving together with Quanta Stock
| 0.86 | 3529 | eMemory Technology Earnings Call Tomorrow | PairCorr |
| 0.69 | 3023 | Sinbon Electronics Earnings Call Tomorrow | PairCorr |
| 0.86 | 2345 | Accton Technology Corp | PairCorr |
| 0.79 | 3533 | Lotes | PairCorr |
| 0.67 | 6415 | Silergy Corp | PairCorr |
| 0.81 | 2360 | Chroma ATE Earnings Call Tomorrow | PairCorr |
| 0.86 | 2376 | Gigabyte Technology | PairCorr |
| 0.88 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.89 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.87 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.86 | 0051 | YuantaP shares Taiwan | PairCorr |
Moving Against Quanta Stock
Sensitivity To Market
Quanta Computer exhibits a beta of 0.0243, representing its market-relative sensitivity. This coefficient separates systematic risk from company-specific volatility. Total return dispersion is approximately 2.23%. Quanta Computer return patterns over the selected horizon reflect a moderate level of variability, based on dispersion and downside-focused statistics. Standard deviation is near 2.18%. Stock volatility reflects changes in expectations about revenue, margins, and competitive position. For Quanta Computer, price swings may be influenced by sector movement and company-specific headlines.
3 Months Beta |Quanta Computer Demand TrendCurrent 90-day Quanta Computer correlation with market (Dow Jones Industrial)Downside Risk
For Quanta, the standard deviation figure expresses the observed spread of daily returns over the selected period. The magnitude of Quanta standard deviation determines where it falls on the volatility spectrum relative to peers. Because standard deviation treats upside and downside moves equally, pairing it with downside deviation isolates asymmetric risk exposure for Quanta.
Standard Deviation | 2.23 |
Upside and downside risks in Quanta Computer are not symmetric. Downside deviation measures only the risk of loss in Quanta Computer's returns, unlike standard deviation which includes all moves. The risk profile of Quanta Computer has two components: upside risk and downside risk. Latest disclosures for Quanta Computer show a Downside Deviation of 2.08, a Downside Variance of 4.31, and a Maximum Drawdown of 10.89.
Stock Volatility Analysis
Market participants monitor Quanta Computer volatility to assess the stock's price stability. Sharp price swings in Quanta Computer's stock often accompany major news events or earnings announcements. A wide deviation implies greater uncertainty and potential reward or loss for Quanta Computer.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Median Price transformation calculates the midpoint between Quanta Computer's high and low for each trading period. This provides a simple measure of the period's central tendency based on range extremes, ignoring the opening and closing levels. Compared to the typical or weighted close price, the median price gives equal weight to buyers and sellers at the extremes and is often used as a smoothed input for trend and momentum indicators.
Projected Return Density Against Market
Over the selected 90-day horizon, Quanta Computer has a beta of 0.0243. This suggests as returns on the market go up, Quanta Computer's average returns tend to increase less than the benchmark. However, during a bear market, the loss from holding Quanta Computer tends to be smaller as well.Exposure to the stock market introduces systematic volatility in Quanta Computer. In contrast, company or sector-specific developments represent asset-level risk that may be diversified away. Latest disclosures for Quanta Computer show a Downside Deviation of 2.08, a Mean Deviation of 1.70, and a Semi Deviation of 1.79.
Predicted Return Distribution |
| Density |
What Drives Quanta Computer's Price Volatility?
Industry Dynamics
Quanta Computer's volatility can rise when competitive dynamics or demand conditions shift across the Technology Hardware, Storage & Peripherals sector.Political and Economic Environment
Changes in fiscal policy, rates, and growth expectations affect market-wide risk premiums and spill into Quanta Computer's trading.Quanta Computer's Company-Specific Factors
Event risk around earnings, forecasts, and operating performance can create abrupt price dispersion in Quanta Computer.Stock Risk Measures
Over the selected 90-day horizon, the coefficient of variation of Quanta Computer is 944.04. The daily returns are distributed with a variance of 4.97 and standard deviation of 2.23. The mean deviation of Quanta Computer is currently at 1.69. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.94
α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 2.23 | |
Ir | Information ratio | 0.1 |
Stock Return Volatility
Quanta Computer return volatility captures the typical daily swing in stock returns relative to the mean over the selected period. The company has volatility of 2.23% on return distribution over a 90-day investment horizon. Meanwhile, Dow Jones Industrial reported 0.9445% volatility on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
Quanta Computer Company can look attractive on recent price action while risk efficiency lags the peer group. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 6669 | 2.52 | 0.18 | 0.06 | 3.89 | 2.86 | 5.87 | 15.77 | |||
| 3711 | 3.16 | 0.98 | 0.27 | -20.70 | 3.07 | 7.94 | 18.21 | |||
| 2357 | 1.59 | 0.17 | 0.07 | -0.62 | 1.89 | 3.28 | 13.25 | |||
| 3231 | 1.75 | -0.06 | 0.00 | -0.15 | 0.00 | 3.10 | 10.29 | |||
| 4938 | 1.32 | 0.30 | 0.19 | -1.53 | 1.34 | 2.62 | 13.33 | |||
| 2324 | 1.99 | 0.11 | 0.05 | -1.99 | 2.33 | 3.97 | 11.74 | |||
| 2356 | 1.90 | 0.20 | 0.07 | -2.45 | 2.54 | 4.10 | 16.24 | |||
| 2376 | 1.92 | 0.25 | 0.10 | 1.61 | 2.17 | 4.88 | 13.40 | |||
| 2301 | 2.86 | 0.17 | 0.05 | 0.27 | 3.44 | 5.47 | 19.83 | |||
| 2395 | 1.92 | 0.34 | 0.15 | 0.91 | 1.92 | 3.92 | 17.42 |
Risk Metrics, Assumptions & Methodology
Beta for Quanta Computer measures the share of volatility attributable to broad market movements versus company-specific factors. Low beta does not mean low volatility; it means volatility is driven more by idiosyncratic than systematic factors. Quanta Computer has a market cap of 303.74 B, P/E of 10.32, ROE of 18.38%.
Reported values for Quanta Computer are derived from periodic company reporting and market reference feeds and standardized for analysis. Volatility and downside metrics are estimated from historical return dispersion.
Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board
Quanta Computer Volatility Profile Summary
Recent data suggests that Quanta Computer is more volatile than Dow Jones Industrial by approximately 2.37x over the selected horizon. This differential reflects the relative dispersion of returns and frames how the asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 20% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.Quanta Computer with characteristics aligned to broad market upside participation. This short-horizon analysis focuses on what the latest move may imply for immediate market context. It gains reliability when combined with broader risk controls and volatility-adjusted analysis. a moderate upward price movement. Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View Quanta Computer probability analysis.
Good diversification
For the present investment horizon, the measured correlation between Quanta Computer and Dow Jones stands at 0.11, or Good diversification. This chart measures the degree of risk overlap between Quanta Computer and Dow Jones.
Quanta Computer Additional Risk Indicators
A broader risk-indicator set for Quanta Computer extends the analysis beyond standard volatility and risk measures. These measures support both standalone risk assessment and portfolio-level analysis.
| Risk Adjusted Performance | 0.102 | |||
| Market Risk Adjusted Performance | 8.81 | |||
| Mean Deviation | 1.7 | |||
| Semi Deviation | 1.79 | |||
| Downside Deviation | 2.08 | |||
| Coefficient Of Variation | 972.91 | |||
| Standard Deviation | 2.18 |
Quanta Computer Suggested Diversification Pairs
A paired position built around Quanta Computer reduces directional market exposure while expressing a relative-value view. A disciplined pair structure still requires monitoring because correlation weakens when market regimes change.
While pairing positions reduces portfolio risk, some forms of risk persist no matter which instruments are combined. No matter how well a pair is constructed around Quanta Computer, market-wide risk remains. What pair trading can address is Quanta Computer's unsystematic risk - the portion driven by company or sector-specific factors rather than broad market forces.
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