WUS Printed (Taiwan) Market Value
| 2316 Stock | TWD 49.20 1.05 2.18% |
| Symbol | WUS |
WUS Printed '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 WUS Printed'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 WUS Printed.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in WUS Printed on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding WUS Printed Circuit or generate 0.0% return on investment in WUS Printed over 30 days. WUS Printed is related to or competes with Compeq Manufacturing, Macronix International, CMC Magnetics, Winbond Electronics, and Qisda Corp. WUS Printed Circuit Co., Ltd. manufactures and sells printed circuit boards in Taiwan More
WUS Printed 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 WUS Printed'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 WUS Printed Circuit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.0276 | |||
| Maximum Drawdown | 13.82 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 4.02 |
WUS Printed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WUS Printed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WUS Printed's standard deviation. In reality, there are many statistical measures that can use WUS Printed historical prices to predict the future WUS Printed's volatility.| Risk Adjusted Performance | 0.0569 | |||
| Jensen Alpha | 0.0665 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | 0.1561 |
WUS Printed Circuit Backtested Returns
At this stage we consider WUS Stock to be very steady. WUS Printed Circuit shows Sharpe Ratio of 0.0439, which attests that the company had a 0.0439% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WUS Printed Circuit, which you can use to evaluate the volatility of the company. Please check out WUS Printed's Market Risk Adjusted Performance of 0.1661, downside deviation of 1.88, and Mean Deviation of 1.79 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. WUS Printed has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of 1.01, which attests to a somewhat significant risk relative to the market. WUS Printed returns are very sensitive to returns on the market. As the market goes up or down, WUS Printed is expected to follow. WUS Printed Circuit right now maintains a risk of 2.41%. Please check out WUS Printed Circuit jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if WUS Printed Circuit will be following its historical returns.
Auto-correlation | 0.59 |
Modest predictability
WUS Printed Circuit has modest predictability. Overlapping area represents the amount of predictability between WUS Printed time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 WUS Printed Circuit price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current WUS Printed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 2.07 |
WUS Printed Circuit lagged returns against current returns
Autocorrelation, which is WUS Printed 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 WUS Printed's stock expected returns. We can calculate the autocorrelation of WUS Printed returns to help us make a trade decision. For example, suppose you find that WUS Printed 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 |
WUS Printed 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 WUS Printed stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WUS Printed stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WUS Printed stock over time.
Current vs Lagged Prices |
| Timeline |
WUS Printed Lagged Returns
When evaluating WUS Printed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WUS Printed stock have on its future price. WUS Printed 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, WUS Printed autocorrelation shows the relationship between WUS Printed stock current value and its past values and can show if there is a momentum factor associated with investing in WUS Printed Circuit.
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 WUS Stock Analysis
When running WUS Printed's price analysis, check to measure WUS Printed'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 WUS Printed is operating at the current time. Most of WUS Printed's value examination focuses on studying past and present price action to predict the probability of WUS Printed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WUS Printed's price. Additionally, you may evaluate how the addition of WUS Printed to your portfolios can decrease your overall portfolio volatility.