Grand Pacific (Taiwan) Market Value
| 1312 Stock | TWD 11.20 0.30 2.75% |
| Symbol | Grand |
Grand Pacific '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 Grand Pacific'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 Grand Pacific.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Grand Pacific on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Grand Pacific Petrochemical or generate 0.0% return on investment in Grand Pacific over 90 days. Grand Pacific is related to or competes with Taiwan Styrene, USI Corp, China Petrochemical, UPC Technology, and Asia Polymer. Grand Pacific Petrochemical Corporation produces and sells petrochemical products in Taiwan More
Grand Pacific 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 Grand Pacific'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 Grand Pacific Petrochemical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.089 | |||
| Maximum Drawdown | 10.4 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 4.39 |
Grand Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grand Pacific's standard deviation. In reality, there are many statistical measures that can use Grand Pacific historical prices to predict the future Grand Pacific's volatility.| Risk Adjusted Performance | 0.0443 | |||
| Jensen Alpha | 0.0941 | |||
| Total Risk Alpha | 0.3621 | |||
| Sortino Ratio | 0.1025 | |||
| Treynor Ratio | 1.26 |
Grand Pacific Petroc Backtested Returns
At this stage we consider Grand Stock to be not too volatile. Grand Pacific Petroc holds Efficiency (Sharpe) Ratio of 0.044, which attests that the entity had a 0.044 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Grand Pacific Petroc, which you can use to evaluate the volatility of the firm. Please check out Grand Pacific's risk adjusted performance of 0.0443, and Market Risk Adjusted Performance of 1.27 to validate if the risk estimate we provide is consistent with the expected return of 0.0967%. Grand Pacific has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0686, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grand Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grand Pacific is expected to be smaller as well. Grand Pacific Petroc right now retains a risk of 2.2%. Please check out Grand Pacific semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Grand Pacific will be following its current trending patterns.
Auto-correlation | 0.20 |
Weak predictability
Grand Pacific Petrochemical has weak predictability. Overlapping area represents the amount of predictability between Grand Pacific time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Grand Pacific Petroc price movement. The serial correlation of 0.2 indicates that over 20.0% of current Grand Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Grand Pacific Petroc lagged returns against current returns
Autocorrelation, which is Grand Pacific 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 Grand Pacific's stock expected returns. We can calculate the autocorrelation of Grand Pacific returns to help us make a trade decision. For example, suppose you find that Grand Pacific 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 |
Grand Pacific 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 Grand Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grand Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grand Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
Grand Pacific Lagged Returns
When evaluating Grand Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grand Pacific stock have on its future price. Grand Pacific 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, Grand Pacific autocorrelation shows the relationship between Grand Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in Grand Pacific Petrochemical.
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 Grand Stock Analysis
When running Grand Pacific's price analysis, check to measure Grand Pacific'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 Grand Pacific is operating at the current time. Most of Grand Pacific's value examination focuses on studying past and present price action to predict the probability of Grand Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Pacific's price. Additionally, you may evaluate how the addition of Grand Pacific to your portfolios can decrease your overall portfolio volatility.