Kinpo Electronics (Taiwan) Market Value
| 2312 Stock | TWD 23.40 1.25 5.07% |
| Symbol | Kinpo |
Kinpo 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 Kinpo 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 Kinpo Electronics.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Kinpo Electronics on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Kinpo Electronics or generate 0.0% return on investment in Kinpo Electronics over 90 days. Kinpo Electronics is related to or competes with Compal Electronics, Inventec Corp, D Link, Silicon Integrated, and Lite On. Kinpo Electronics, Inc. manufactures, sells, and trades in consumer electronic products in Taiwan, rest of Asia, the Uni... More
Kinpo 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 Kinpo 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 Kinpo Electronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.4 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 2.43 |
Kinpo Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinpo Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinpo Electronics' standard deviation. In reality, there are many statistical measures that can use Kinpo Electronics historical prices to predict the future Kinpo Electronics' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 6.88 |
Kinpo Electronics Backtested Returns
Kinpo Electronics has Sharpe Ratio of -0.0982, which conveys that the firm had a -0.0982 % return per unit of risk over the last 3 months. Kinpo Electronics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kinpo Electronics' Mean Deviation of 1.35, standard deviation of 1.65, and Risk Adjusted Performance of (0.14) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0438, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kinpo Electronics are expected to decrease at a much lower rate. During the bear market, Kinpo Electronics is likely to outperform the market. At this point, Kinpo Electronics has a negative expected return of -0.16%. Please make sure to verify Kinpo Electronics' jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Kinpo Electronics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Kinpo Electronics has insignificant reverse predictability. Overlapping area represents the amount of predictability between Kinpo Electronics time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Kinpo Electronics price movement. The serial correlation of -0.18 indicates that over 18.0% of current Kinpo Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Kinpo Electronics lagged returns against current returns
Autocorrelation, which is Kinpo 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 Kinpo Electronics' stock expected returns. We can calculate the autocorrelation of Kinpo Electronics returns to help us make a trade decision. For example, suppose you find that Kinpo 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 |
Kinpo 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 Kinpo Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinpo Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinpo Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Kinpo Electronics Lagged Returns
When evaluating Kinpo Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinpo Electronics stock have on its future price. Kinpo 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, Kinpo Electronics autocorrelation shows the relationship between Kinpo Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Kinpo Electronics.
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 Kinpo Stock Analysis
When running Kinpo Electronics' price analysis, check to measure Kinpo 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 Kinpo Electronics is operating at the current time. Most of Kinpo Electronics' value examination focuses on studying past and present price action to predict the probability of Kinpo Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinpo Electronics' price. Additionally, you may evaluate how the addition of Kinpo Electronics to your portfolios can decrease your overall portfolio volatility.