Grape King (Taiwan) Market Value
| 1707 Stock | TWD 146.00 0.50 0.34% |
| Symbol | Grape |
Grape King '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 Grape King'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 Grape King.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Grape King on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Grape King Bio or generate 0.0% return on investment in Grape King over 90 days. Grape King is related to or competes with Standard Foods, Eclat Textile, Feng Tay, China Steel, and President Chain. Grape King Bio Ltd primarily produces and sells pharmaceutical preparations, patent medicines, liquid tonics, drinks, an... More
Grape King 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 Grape King'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 Grape King Bio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0145 | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.03 |
Grape King Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grape King's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grape King's standard deviation. In reality, there are many statistical measures that can use Grape King historical prices to predict the future Grape King's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0035 | |||
| Treynor Ratio | 0.9624 |
Grape King Bio Backtested Returns
Grape King Bio holds Efficiency (Sharpe) Ratio of -0.0778, which attests that the entity had a -0.0778 % return per unit of standard deviation over the last 3 months. Grape King Bio exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grape King's risk adjusted performance of (0.1), and Market Risk Adjusted Performance of 0.9724 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grape King are expected to decrease at a much lower rate. During the bear market, Grape King is likely to outperform the market. At this point, Grape King Bio has a negative expected return of -0.0617%. Please make sure to check out Grape King's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Grape King Bio performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Grape King Bio has insignificant predictability. Overlapping area represents the amount of predictability between Grape King time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Grape King Bio price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Grape King price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 1.58 |
Grape King Bio lagged returns against current returns
Autocorrelation, which is Grape King 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 Grape King's stock expected returns. We can calculate the autocorrelation of Grape King returns to help us make a trade decision. For example, suppose you find that Grape King 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 |
Grape King 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 Grape King stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grape King stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grape King stock over time.
Current vs Lagged Prices |
| Timeline |
Grape King Lagged Returns
When evaluating Grape King's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grape King stock have on its future price. Grape King 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, Grape King autocorrelation shows the relationship between Grape King stock current value and its past values and can show if there is a momentum factor associated with investing in Grape King Bio.
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 Grape Stock Analysis
When running Grape King's price analysis, check to measure Grape King'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 Grape King is operating at the current time. Most of Grape King's value examination focuses on studying past and present price action to predict the probability of Grape King's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grape King's price. Additionally, you may evaluate how the addition of Grape King to your portfolios can decrease your overall portfolio volatility.