Amulaire Thermal (Taiwan) Market Value
| 2241 Stock | TWD 29.65 1.05 3.42% |
| Symbol | Amulaire |
Amulaire Thermal '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 Amulaire Thermal'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 Amulaire Thermal.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Amulaire Thermal on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Amulaire Thermal Technology or generate 0.0% return on investment in Amulaire Thermal over 30 days. Amulaire Thermal is related to or competes with E Lead, Jentech Precision, Yusin Holding, Laster Tech, and Turvo International. Amulaire Thermal Technology, Inc. provides cooling fins for green electronic devices in Taiwan, Europe, North America, a... More
Amulaire Thermal 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 Amulaire Thermal'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 Amulaire Thermal Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0194 | |||
| Maximum Drawdown | 14.61 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 3.92 |
Amulaire Thermal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amulaire Thermal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amulaire Thermal's standard deviation. In reality, there are many statistical measures that can use Amulaire Thermal historical prices to predict the future Amulaire Thermal's volatility.| Risk Adjusted Performance | 0.0051 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | 0.1734 | |||
| Treynor Ratio | 0.0127 |
Amulaire Thermal Tec Backtested Returns
Amulaire Thermal Tec secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Amulaire Thermal Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amulaire Thermal's Mean Deviation of 1.6, standard deviation of 2.33, and Risk Adjusted Performance of 0.0051 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.21, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Amulaire Thermal are expected to decrease by larger amounts. On the other hand, during market turmoil, Amulaire Thermal is expected to outperform it. At this point, Amulaire Thermal Tec has a negative expected return of -0.024%. Please make sure to confirm Amulaire Thermal's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Amulaire Thermal Tec performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Amulaire Thermal Technology has weak reverse predictability. Overlapping area represents the amount of predictability between Amulaire Thermal time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Amulaire Thermal Tec price movement. The serial correlation of -0.25 indicates that over 25.0% of current Amulaire Thermal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
Amulaire Thermal Tec lagged returns against current returns
Autocorrelation, which is Amulaire Thermal 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 Amulaire Thermal's stock expected returns. We can calculate the autocorrelation of Amulaire Thermal returns to help us make a trade decision. For example, suppose you find that Amulaire Thermal 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 |
Amulaire Thermal 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 Amulaire Thermal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amulaire Thermal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amulaire Thermal stock over time.
Current vs Lagged Prices |
| Timeline |
Amulaire Thermal Lagged Returns
When evaluating Amulaire Thermal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amulaire Thermal stock have on its future price. Amulaire Thermal 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, Amulaire Thermal autocorrelation shows the relationship between Amulaire Thermal stock current value and its past values and can show if there is a momentum factor associated with investing in Amulaire Thermal Technology.
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 Amulaire Stock Analysis
When running Amulaire Thermal's price analysis, check to measure Amulaire Thermal'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 Amulaire Thermal is operating at the current time. Most of Amulaire Thermal's value examination focuses on studying past and present price action to predict the probability of Amulaire Thermal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amulaire Thermal's price. Additionally, you may evaluate how the addition of Amulaire Thermal to your portfolios can decrease your overall portfolio volatility.