Gordon Auto (Taiwan) Market Value
| 1524 Stock | TWD 41.35 1.35 3.38% |
| Symbol | Gordon |
Gordon Auto '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 Gordon Auto'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 Gordon Auto.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Gordon Auto on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Gordon Auto Body or generate 0.0% return on investment in Gordon Auto over 90 days. Gordon Auto is related to or competes with Kaulin Mfg, Tex Ray, De Licacy, Kwong Fong, and Sunko Ink. Gordon Auto Body Parts Co., Ltd. manufactures and sells automotive sheet metal replacement crash parts worldwide More
Gordon Auto 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 Gordon Auto'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 Gordon Auto Body upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.1006 | |||
| Maximum Drawdown | 16.37 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 4.56 |
Gordon Auto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gordon Auto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gordon Auto's standard deviation. In reality, there are many statistical measures that can use Gordon Auto historical prices to predict the future Gordon Auto's volatility.| Risk Adjusted Performance | 0.058 | |||
| Jensen Alpha | 0.0814 | |||
| Total Risk Alpha | 0.4323 | |||
| Sortino Ratio | 0.1183 | |||
| Treynor Ratio | (0.28) |
Gordon Auto Body Backtested Returns
At this stage we consider Gordon Stock to be very steady. Gordon Auto Body holds Efficiency (Sharpe) Ratio of 0.0701, which attests that the entity had a 0.0701 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Gordon Auto Body, which you can use to evaluate the volatility of the firm. Please check out Gordon Auto's Market Risk Adjusted Performance of (0.27), downside deviation of 2.04, and Risk Adjusted Performance of 0.058 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Gordon Auto has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gordon Auto are expected to decrease at a much lower rate. During the bear market, Gordon Auto is likely to outperform the market. Gordon Auto Body right now retains a risk of 2.38%. Please check out Gordon Auto coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Gordon Auto will be following its current trending patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Gordon Auto Body has no correlation between past and present. Overlapping area represents the amount of predictability between Gordon Auto time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Gordon Auto Body price movement. The serial correlation of 0.0 indicates that just 0.0% of current Gordon Auto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.01 |
Gordon Auto Body lagged returns against current returns
Autocorrelation, which is Gordon Auto 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 Gordon Auto's stock expected returns. We can calculate the autocorrelation of Gordon Auto returns to help us make a trade decision. For example, suppose you find that Gordon Auto 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 |
Gordon Auto 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 Gordon Auto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gordon Auto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gordon Auto stock over time.
Current vs Lagged Prices |
| Timeline |
Gordon Auto Lagged Returns
When evaluating Gordon Auto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gordon Auto stock have on its future price. Gordon Auto 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, Gordon Auto autocorrelation shows the relationship between Gordon Auto stock current value and its past values and can show if there is a momentum factor associated with investing in Gordon Auto Body.
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 Gordon Stock Analysis
When running Gordon Auto's price analysis, check to measure Gordon Auto'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 Gordon Auto is operating at the current time. Most of Gordon Auto's value examination focuses on studying past and present price action to predict the probability of Gordon Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gordon Auto's price. Additionally, you may evaluate how the addition of Gordon Auto to your portfolios can decrease your overall portfolio volatility.