Fwusow Industry (Taiwan) Market Value
| 1219 Stock | TWD 16.60 0.15 0.90% |
| Symbol | Fwusow |
Fwusow Industry '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 Fwusow Industry'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 Fwusow Industry.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Fwusow Industry on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Fwusow Industry Co or generate 0.0% return on investment in Fwusow Industry over 30 days. Fwusow Industry is related to or competes with Great Wall, Charoen Pokphand, Taisun Enterprise, Lian Hwa, and Lien Hwa. Fwusow Industry Co., Ltd. manufactures and markets feeds, pet food products, cooking oils, and organic fertilizers in Ta... More
Fwusow Industry 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 Fwusow Industry'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 Fwusow Industry Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 2.32 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 0.5882 |
Fwusow Industry Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fwusow Industry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fwusow Industry's standard deviation. In reality, there are many statistical measures that can use Fwusow Industry historical prices to predict the future Fwusow Industry's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (3.31) |
Fwusow Industry Backtested Returns
Fwusow Industry secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Fwusow Industry Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fwusow Industry's Variance of 0.239, mean deviation of 0.3632, and Standard Deviation of 0.4888 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0229, which means not very significant fluctuations relative to the market. As returns on the market increase, Fwusow Industry's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fwusow Industry is expected to be smaller as well. At this point, Fwusow Industry has a negative expected return of -0.0645%. Please make sure to confirm Fwusow Industry's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Fwusow Industry performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
Fwusow Industry Co has good predictability. Overlapping area represents the amount of predictability between Fwusow Industry time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Fwusow Industry price movement. The serial correlation of 0.7 indicates that around 70.0% of current Fwusow Industry price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Fwusow Industry lagged returns against current returns
Autocorrelation, which is Fwusow Industry 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 Fwusow Industry's stock expected returns. We can calculate the autocorrelation of Fwusow Industry returns to help us make a trade decision. For example, suppose you find that Fwusow Industry 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 |
Fwusow Industry 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 Fwusow Industry stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fwusow Industry stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fwusow Industry stock over time.
Current vs Lagged Prices |
| Timeline |
Fwusow Industry Lagged Returns
When evaluating Fwusow Industry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fwusow Industry stock have on its future price. Fwusow Industry 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, Fwusow Industry autocorrelation shows the relationship between Fwusow Industry stock current value and its past values and can show if there is a momentum factor associated with investing in Fwusow Industry Co.
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 Fwusow Stock Analysis
When running Fwusow Industry's price analysis, check to measure Fwusow Industry'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 Fwusow Industry is operating at the current time. Most of Fwusow Industry's value examination focuses on studying past and present price action to predict the probability of Fwusow Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fwusow Industry's price. Additionally, you may evaluate how the addition of Fwusow Industry to your portfolios can decrease your overall portfolio volatility.