SuperAlloy Industrial (Taiwan) Market Value
| 1563 Stock | 69.50 0.80 1.16% |
| Symbol | SuperAlloy |
SuperAlloy Industrial '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 SuperAlloy Industrial'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 SuperAlloy Industrial.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in SuperAlloy Industrial on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding SuperAlloy Industrial Co, or generate 0.0% return on investment in SuperAlloy Industrial over 90 days.
SuperAlloy Industrial 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 SuperAlloy Industrial'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 SuperAlloy Industrial Co, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.204 | |||
| Maximum Drawdown | 12.96 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.1 |
SuperAlloy Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SuperAlloy Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SuperAlloy Industrial's standard deviation. In reality, there are many statistical measures that can use SuperAlloy Industrial historical prices to predict the future SuperAlloy Industrial's volatility.| Risk Adjusted Performance | 0.1342 | |||
| Jensen Alpha | 0.24 | |||
| Total Risk Alpha | 0.4763 | |||
| Sortino Ratio | 0.2252 | |||
| Treynor Ratio | (2.02) |
SuperAlloy Industrial Co, Backtested Returns
SuperAlloy Industrial appears to be very steady, given 3 months investment horizon. SuperAlloy Industrial Co, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27 % return per unit of risk over the last 3 months. We have found thirty technical indicators for SuperAlloy Industrial Co,, which you can use to evaluate the volatility of the company. Please review SuperAlloy Industrial's Coefficient Of Variation of 674.32, risk adjusted performance of 0.1342, and Semi Deviation of 1.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SuperAlloy Industrial holds a performance score of 20. The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SuperAlloy Industrial are expected to decrease at a much lower rate. During the bear market, SuperAlloy Industrial is likely to outperform the market. Please check SuperAlloy Industrial's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether SuperAlloy Industrial's existing price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
SuperAlloy Industrial Co, has modest predictability. Overlapping area represents the amount of predictability between SuperAlloy Industrial 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 SuperAlloy Industrial Co, price movement. The serial correlation of 0.55 indicates that about 55.0% of current SuperAlloy Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 10.4 |
SuperAlloy Industrial Co, lagged returns against current returns
Autocorrelation, which is SuperAlloy Industrial 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 SuperAlloy Industrial's stock expected returns. We can calculate the autocorrelation of SuperAlloy Industrial returns to help us make a trade decision. For example, suppose you find that SuperAlloy Industrial 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 |
SuperAlloy Industrial 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 SuperAlloy Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SuperAlloy Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SuperAlloy Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
SuperAlloy Industrial Lagged Returns
When evaluating SuperAlloy Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SuperAlloy Industrial stock have on its future price. SuperAlloy Industrial 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, SuperAlloy Industrial autocorrelation shows the relationship between SuperAlloy Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in SuperAlloy Industrial Co,.
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 SuperAlloy Stock Analysis
When running SuperAlloy Industrial's price analysis, check to measure SuperAlloy Industrial'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 SuperAlloy Industrial is operating at the current time. Most of SuperAlloy Industrial's value examination focuses on studying past and present price action to predict the probability of SuperAlloy Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SuperAlloy Industrial's price. Additionally, you may evaluate how the addition of SuperAlloy Industrial to your portfolios can decrease your overall portfolio volatility.