Mobiletron Electronics (Taiwan) Market Value
| 1533 Stock | TWD 40.60 0.40 1.00% |
| Symbol | Mobiletron |
Mobiletron Electronics '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 Mobiletron Electronics' 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 Mobiletron Electronics.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Mobiletron Electronics on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Mobiletron Electronics Co or generate 0.0% return on investment in Mobiletron Electronics over 720 days. Mobiletron Electronics is related to or competes with Feng Tay, Ruentex Development, WiseChip Semiconductor, Novatek Microelectronics, Leader Electronics, Information Technology, and Kinko Optical. Mobiletron Electronics Co., Ltd. designs, manufactures, and sells electronic components for the automotive industry worl... More
Mobiletron Electronics 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 Mobiletron Electronics' 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 Mobiletron Electronics Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 14.85 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 3.67 |
Mobiletron Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mobiletron Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mobiletron Electronics' standard deviation. In reality, there are many statistical measures that can use Mobiletron Electronics historical prices to predict the future Mobiletron Electronics' volatility.| Risk Adjusted Performance | 0.0364 | |||
| Jensen Alpha | 0.0417 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2502 |
Mobiletron Electronics Backtested Returns
Mobiletron Electronics has Sharpe Ratio of -0.0063, which conveys that the firm had a -0.0063% return per unit of risk over the last 3 months. Mobiletron Electronics exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mobiletron Electronics' Downside Deviation of 1.84, risk adjusted performance of 0.0364, and Mean Deviation of 1.43 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mobiletron Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mobiletron Electronics is expected to be smaller as well. At this point, Mobiletron Electronics has a negative expected return of -0.0108%. Please make sure to verify Mobiletron Electronics' market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Mobiletron Electronics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Mobiletron Electronics Co has modest reverse predictability. Overlapping area represents the amount of predictability between Mobiletron Electronics time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 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 Mobiletron Electronics price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Mobiletron Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 20.5 |
Mobiletron Electronics lagged returns against current returns
Autocorrelation, which is Mobiletron Electronics 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 Mobiletron Electronics' stock expected returns. We can calculate the autocorrelation of Mobiletron Electronics returns to help us make a trade decision. For example, suppose you find that Mobiletron Electronics 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 |
Mobiletron Electronics 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 Mobiletron Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mobiletron Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mobiletron Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Mobiletron Electronics Lagged Returns
When evaluating Mobiletron Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mobiletron Electronics stock have on its future price. Mobiletron Electronics 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, Mobiletron Electronics autocorrelation shows the relationship between Mobiletron Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Mobiletron Electronics 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 Mobiletron Stock Analysis
When running Mobiletron Electronics' price analysis, check to measure Mobiletron Electronics' 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 Mobiletron Electronics is operating at the current time. Most of Mobiletron Electronics' value examination focuses on studying past and present price action to predict the probability of Mobiletron Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mobiletron Electronics' price. Additionally, you may evaluate how the addition of Mobiletron Electronics to your portfolios can decrease your overall portfolio volatility.