Formosa Oilseed (Taiwan) Market Value
| 1225 Stock | TWD 40.90 4.50 9.91% |
| Symbol | Formosa |
Formosa Oilseed '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 Formosa Oilseed'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 Formosa Oilseed.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Formosa Oilseed on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Formosa Oilseed Processing or generate 0.0% return on investment in Formosa Oilseed over 90 days. Formosa Oilseed is related to or competes with Great Wall, Lian Hwa, Lien Hwa, Charoen Pokphand, and TTET Union. Formosa Oilseed Processing Co., Ltd. produces and sells edible and feed products in Taiwan and rest of Asia More
Formosa Oilseed 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 Formosa Oilseed'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 Formosa Oilseed Processing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 16.6 | |||
| Value At Risk | (9.91) | |||
| Potential Upside | 8.24 |
Formosa Oilseed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formosa Oilseed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Formosa Oilseed's standard deviation. In reality, there are many statistical measures that can use Formosa Oilseed historical prices to predict the future Formosa Oilseed's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | 0.0305 | |||
| Treynor Ratio | (0.55) |
Formosa Oilseed Proc Backtested Returns
Formosa Oilseed Proc 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. Formosa Oilseed Processing exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Formosa Oilseed's Variance of 18.87, mean deviation of 3.18, and Standard Deviation of 4.34 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.14, which means a somewhat significant risk relative to the market. Formosa Oilseed returns are very sensitive to returns on the market. As the market goes up or down, Formosa Oilseed is expected to follow. At this point, Formosa Oilseed Proc has a negative expected return of -0.61%. Please make sure to confirm Formosa Oilseed's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Formosa Oilseed Proc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Formosa Oilseed Processing has very weak reverse predictability. Overlapping area represents the amount of predictability between Formosa Oilseed time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Formosa Oilseed Proc price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Formosa Oilseed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 6.64 |
Formosa Oilseed Proc lagged returns against current returns
Autocorrelation, which is Formosa Oilseed 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 Formosa Oilseed's stock expected returns. We can calculate the autocorrelation of Formosa Oilseed returns to help us make a trade decision. For example, suppose you find that Formosa Oilseed 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 |
Formosa Oilseed 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 Formosa Oilseed stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Formosa Oilseed stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Formosa Oilseed stock over time.
Current vs Lagged Prices |
| Timeline |
Formosa Oilseed Lagged Returns
When evaluating Formosa Oilseed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Formosa Oilseed stock have on its future price. Formosa Oilseed 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, Formosa Oilseed autocorrelation shows the relationship between Formosa Oilseed stock current value and its past values and can show if there is a momentum factor associated with investing in Formosa Oilseed Processing.
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 Formosa Stock Analysis
When running Formosa Oilseed's price analysis, check to measure Formosa Oilseed'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 Formosa Oilseed is operating at the current time. Most of Formosa Oilseed's value examination focuses on studying past and present price action to predict the probability of Formosa Oilseed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Oilseed's price. Additionally, you may evaluate how the addition of Formosa Oilseed to your portfolios can decrease your overall portfolio volatility.