SanDi Properties (Taiwan) Market Value
| 1438 Stock | TWD 58.90 1.80 2.97% |
| Symbol | SanDi |
SanDi Properties '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 SanDi Properties' 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 SanDi Properties.
| 05/16/2024 |
| 12/12/2024 |
If you would invest 0.00 in SanDi Properties on May 16, 2024 and sell it all today you would earn a total of 0.00 from holding SanDi Properties Co or generate 0.0% return on investment in SanDi Properties over 210 days. SanDi Properties is related to or competes with Yang Ming, Wan Hai, U Ming, Taiwan Navigation, and China Airlines. Yu Foong International Corporation engages in the construction of commercial and industrial buildings More
SanDi Properties 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 SanDi Properties' 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 SanDi Properties Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 16.04 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 3.81 |
SanDi Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SanDi Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SanDi Properties' standard deviation. In reality, there are many statistical measures that can use SanDi Properties historical prices to predict the future SanDi Properties' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.47) |
SanDi Properties Backtested Returns
SanDi Properties owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. SanDi Properties Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SanDi Properties' Coefficient Of Variation of (1,049), risk adjusted performance of (0.06), and Variance of 8.56 to confirm the risk estimate we provide. The entity has a beta of 0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SanDi Properties' returns are expected to increase less than the market. However, during the bear market, the loss of holding SanDi Properties is expected to be smaller as well. At this point, SanDi Properties has a negative expected return of -0.31%. Please make sure to validate SanDi Properties' coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if SanDi Properties performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
SanDi Properties Co has almost perfect reverse predictability. Overlapping area represents the amount of predictability between SanDi Properties time series from 16th of May 2024 to 29th of August 2024 and 29th of August 2024 to 12th 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 SanDi Properties price movement. The serial correlation of -0.77 indicates that around 77.0% of current SanDi Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 56.2 |
SanDi Properties lagged returns against current returns
Autocorrelation, which is SanDi Properties 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 SanDi Properties' stock expected returns. We can calculate the autocorrelation of SanDi Properties returns to help us make a trade decision. For example, suppose you find that SanDi Properties 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 |
SanDi Properties 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 SanDi Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SanDi Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SanDi Properties stock over time.
Current vs Lagged Prices |
| Timeline |
SanDi Properties Lagged Returns
When evaluating SanDi Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SanDi Properties stock have on its future price. SanDi Properties 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, SanDi Properties autocorrelation shows the relationship between SanDi Properties stock current value and its past values and can show if there is a momentum factor associated with investing in SanDi Properties Co.
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 SanDi Stock Analysis
When running SanDi Properties' price analysis, check to measure SanDi Properties' 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 SanDi Properties is operating at the current time. Most of SanDi Properties' value examination focuses on studying past and present price action to predict the probability of SanDi Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SanDi Properties' price. Additionally, you may evaluate how the addition of SanDi Properties to your portfolios can decrease your overall portfolio volatility.