Lian Hwa (Taiwan) Market Value
| 1231 Stock | TWD 120.50 1.00 0.84% |
| Symbol | Lian |
Lian Hwa '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 Lian Hwa'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 Lian Hwa.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Lian Hwa on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Lian Hwa Foods or generate 0.0% return on investment in Lian Hwa over 30 days. Lian Hwa is related to or competes with Lien Hwa, Charoen Pokphand, Great Wall, Uni President, and TTET Union. Lian Hwa Foods Corporation engages in the manufacture, processing, trade, wholesale, and retail of food products in Taiw... More
Lian Hwa 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 Lian Hwa'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 Lian Hwa Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.0268 | |||
| Maximum Drawdown | 6.43 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.35 |
Lian Hwa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lian Hwa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lian Hwa's standard deviation. In reality, there are many statistical measures that can use Lian Hwa historical prices to predict the future Lian Hwa's volatility.| Risk Adjusted Performance | 0.0967 | |||
| Jensen Alpha | 0.1223 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0243 | |||
| Treynor Ratio | 1.08 |
Lian Hwa Foods Backtested Returns
Lian Hwa appears to be very steady, given 3 months investment horizon. Lian Hwa Foods has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lian Hwa, which you can use to evaluate the volatility of the firm. Please exercise Lian Hwa's Downside Deviation of 1.31, mean deviation of 0.8819, and Risk Adjusted Performance of 0.0967 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lian Hwa holds a performance score of 16. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lian Hwa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lian Hwa is expected to be smaller as well. Please check Lian Hwa's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Lian Hwa's current price movements will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Lian Hwa Foods has good reverse predictability. Overlapping area represents the amount of predictability between Lian Hwa 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 Lian Hwa Foods price movement. The serial correlation of -0.51 indicates that about 51.0% of current Lian Hwa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 4.7 |
Lian Hwa Foods lagged returns against current returns
Autocorrelation, which is Lian Hwa 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 Lian Hwa's stock expected returns. We can calculate the autocorrelation of Lian Hwa returns to help us make a trade decision. For example, suppose you find that Lian Hwa 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 |
Lian Hwa 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 Lian Hwa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lian Hwa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lian Hwa stock over time.
Current vs Lagged Prices |
| Timeline |
Lian Hwa Lagged Returns
When evaluating Lian Hwa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lian Hwa stock have on its future price. Lian Hwa 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, Lian Hwa autocorrelation shows the relationship between Lian Hwa stock current value and its past values and can show if there is a momentum factor associated with investing in Lian Hwa Foods.
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 Lian Stock Analysis
When running Lian Hwa's price analysis, check to measure Lian Hwa'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 Lian Hwa is operating at the current time. Most of Lian Hwa's value examination focuses on studying past and present price action to predict the probability of Lian Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lian Hwa's price. Additionally, you may evaluate how the addition of Lian Hwa to your portfolios can decrease your overall portfolio volatility.