Qisda Corp (Taiwan) Market Value
| 2352 Stock | TWD 31.20 0.65 2.04% |
| Symbol | Qisda |
Qisda Corp '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 Qisda Corp'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 Qisda Corp.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Qisda Corp on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Qisda Corp or generate 0.0% return on investment in Qisda Corp over 90 days. Qisda Corp is related to or competes with Compal Electronics, Quanta Computer, AU Optronics, Acer, and Winbond Electronics. Qisda Corporation provides ODMOEM services for electronic products and hardware-software integration for consumer, comme... More
Qisda Corp 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 Qisda Corp'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 Qisda Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.26 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.1 |
Qisda Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qisda Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qisda Corp's standard deviation. In reality, there are many statistical measures that can use Qisda Corp historical prices to predict the future Qisda Corp's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 0.0412 | |||
| Treynor Ratio | (0.57) |
Qisda Corp Backtested Returns
Qisda Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12 % return per unit of risk over the last 3 months. Qisda Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qisda Corp's Variance of 2.86, coefficient of variation of (819.08), and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The company holds a Beta of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Qisda Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Qisda Corp is expected to be smaller as well. At this point, Qisda Corp has a negative expected return of -0.21%. Please make sure to check Qisda Corp's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Qisda Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Qisda Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Qisda Corp time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Qisda Corp price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Qisda Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 1.73 |
Qisda Corp lagged returns against current returns
Autocorrelation, which is Qisda Corp 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 Qisda Corp's stock expected returns. We can calculate the autocorrelation of Qisda Corp returns to help us make a trade decision. For example, suppose you find that Qisda Corp 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 |
Qisda Corp 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 Qisda Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qisda Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qisda Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Qisda Corp Lagged Returns
When evaluating Qisda Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qisda Corp stock have on its future price. Qisda Corp 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, Qisda Corp autocorrelation shows the relationship between Qisda Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Qisda Corp.
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 Qisda Stock Analysis
When running Qisda Corp's price analysis, check to measure Qisda Corp'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 Qisda Corp is operating at the current time. Most of Qisda Corp's value examination focuses on studying past and present price action to predict the probability of Qisda Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qisda Corp's price. Additionally, you may evaluate how the addition of Qisda Corp to your portfolios can decrease your overall portfolio volatility.