Lingsen Precision (Taiwan) Market Value
| 2369 Stock | TWD 17.05 0.20 1.19% |
| Symbol | Lingsen |
Lingsen Precision '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 Lingsen Precision'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 Lingsen Precision.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Lingsen Precision on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Lingsen Precision Industries or generate 0.0% return on investment in Lingsen Precision over 90 days. Lingsen Precision is related to or competes with Wei Chuan, Galaxy Software, U Ming, Grand Ocean, Asia Metal, Lian Hwa, and Feng Ching. Lingsen Precision Industries, Ltd. operates in semiconductor industry in Taiwan, the United States, Europe, Japan, and C... More
Lingsen Precision 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 Lingsen Precision'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 Lingsen Precision Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0241 | |||
| Maximum Drawdown | 6.77 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 2.21 |
Lingsen Precision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lingsen Precision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lingsen Precision's standard deviation. In reality, there are many statistical measures that can use Lingsen Precision historical prices to predict the future Lingsen Precision's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.1199 | |||
| Treynor Ratio | (2.22) |
Lingsen Precision Backtested Returns
At this stage we consider Lingsen Stock to be very steady. Lingsen Precision has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Lingsen Precision, which you can use to evaluate the volatility of the firm. Please verify Lingsen Precision's Mean Deviation of 1.24, risk adjusted performance of (0.03), and Standard Deviation of 1.53 to check out if the risk estimate we provide is consistent with the expected return of 0.0013%. The company secures a Beta (Market Risk) of 0.0325, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lingsen Precision's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lingsen Precision is expected to be smaller as well. Lingsen Precision right now secures a risk of 1.54%. Please verify Lingsen Precision Industries total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Lingsen Precision Industries will be following its current price movements.
Auto-correlation | 0.31 |
Below average predictability
Lingsen Precision Industries has below average predictability. Overlapping area represents the amount of predictability between Lingsen Precision time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Lingsen Precision price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Lingsen Precision price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Lingsen Precision lagged returns against current returns
Autocorrelation, which is Lingsen Precision 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 Lingsen Precision's stock expected returns. We can calculate the autocorrelation of Lingsen Precision returns to help us make a trade decision. For example, suppose you find that Lingsen Precision 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 |
Lingsen Precision 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 Lingsen Precision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lingsen Precision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lingsen Precision stock over time.
Current vs Lagged Prices |
| Timeline |
Lingsen Precision Lagged Returns
When evaluating Lingsen Precision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lingsen Precision stock have on its future price. Lingsen Precision 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, Lingsen Precision autocorrelation shows the relationship between Lingsen Precision stock current value and its past values and can show if there is a momentum factor associated with investing in Lingsen Precision Industries.
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 Lingsen Stock Analysis
When running Lingsen Precision's price analysis, check to measure Lingsen Precision'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 Lingsen Precision is operating at the current time. Most of Lingsen Precision's value examination focuses on studying past and present price action to predict the probability of Lingsen Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lingsen Precision's price. Additionally, you may evaluate how the addition of Lingsen Precision to your portfolios can decrease your overall portfolio volatility.