Taiwan Sakura (Taiwan) Market Value
| 9911 Stock | TWD 87.40 0.10 0.11% |
| 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.
| 05/10/2022 |
| 04/29/2024 |
If you would invest 0.00 in Taiwan Sakura on May 10, 2022 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 720 days. Taiwan Sakura is related to or competes with Chaintech Technology, Avision, Clevo, and Elitegroup Computer. 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.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.1824 | |||
| Maximum Drawdown | 7.47 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 2.65 |
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 | 0.1602 | |||
| Jensen Alpha | 0.2927 | |||
| Total Risk Alpha | 0.1545 | |||
| Sortino Ratio | 0.1856 | |||
| Treynor Ratio | 0.7576 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Taiwan Sakura's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Taiwan Sakura Corp Backtested Returns
Taiwan Sakura appears to be very steady, given 3 months investment horizon. Taiwan Sakura Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Taiwan Sakura Corp, which you can use to evaluate the volatility of the company. Please review Taiwan Sakura's Coefficient Of Variation of 403.04, semi deviation of 0.8518, and Risk Adjusted Performance of 0.1602 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Taiwan Sakura holds a performance score of 21. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Taiwan Sakura's returns are expected to increase less than the market. However, during the bear market, the loss of holding Taiwan Sakura is expected to be smaller as well. Please check Taiwan Sakura's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Taiwan Sakura's existing price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Taiwan Sakura Corp has average predictability. Overlapping area represents the amount of predictability between Taiwan Sakura time series from 10th of May 2022 to 5th of May 2023 and 5th of May 2023 to 29th of April 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 0.46 indicates that about 46.0% of current Taiwan Sakura price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 49.2 |
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Taiwan Sakura in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Taiwan Sakura's short interest history, or implied volatility extrapolated from Taiwan Sakura options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Taiwan Sakura Correlation, Taiwan Sakura Volatility and Taiwan Sakura Alpha and Beta module to complement your research on Taiwan Sakura. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary 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.
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Taiwan Sakura technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.