AVerMedia Technologies (Taiwan) Market Value
| 2417 Stock | TWD 49.25 1.35 2.82% |
| Symbol | AVerMedia |
AVerMedia Technologies '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 AVerMedia Technologies' 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 AVerMedia Technologies.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in AVerMedia Technologies on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding AVerMedia Technologies or generate 0.0% return on investment in AVerMedia Technologies over 90 days. AVerMedia Technologies is related to or competes with Clevo, Zinwell, Gigastorage Corp, Shuttle, and Ability Enterprise. AVerMedia Technologies, Inc. designs, manufactures, and markets multimedia, Internet TV, and consumer electronic product... More
AVerMedia Technologies 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 AVerMedia Technologies' 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 AVerMedia Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.1281 | |||
| Maximum Drawdown | 16.03 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 6.58 |
AVerMedia Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AVerMedia Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AVerMedia Technologies' standard deviation. In reality, there are many statistical measures that can use AVerMedia Technologies historical prices to predict the future AVerMedia Technologies' volatility.| Risk Adjusted Performance | 0.0811 | |||
| Jensen Alpha | 0.2436 | |||
| Total Risk Alpha | 0.8204 | |||
| Sortino Ratio | 0.1437 | |||
| Treynor Ratio | (1.31) |
AVerMedia Technologies Backtested Returns
AVerMedia Technologies appears to be very steady, given 3 months investment horizon. AVerMedia Technologies secures Sharpe Ratio (or Efficiency) of 0.0963, which signifies that the company had a 0.0963 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for AVerMedia Technologies, which you can use to evaluate the volatility of the firm. Please makes use of AVerMedia Technologies' risk adjusted performance of 0.0811, and Mean Deviation of 2.34 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AVerMedia Technologies holds a performance score of 7. The firm shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AVerMedia Technologies are expected to decrease at a much lower rate. During the bear market, AVerMedia Technologies is likely to outperform the market. Please check AVerMedia Technologies' market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether AVerMedia Technologies' price patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
AVerMedia Technologies has poor predictability. Overlapping area represents the amount of predictability between AVerMedia Technologies time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 AVerMedia Technologies price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current AVerMedia Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 5.56 |
AVerMedia Technologies lagged returns against current returns
Autocorrelation, which is AVerMedia Technologies 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 AVerMedia Technologies' stock expected returns. We can calculate the autocorrelation of AVerMedia Technologies returns to help us make a trade decision. For example, suppose you find that AVerMedia Technologies 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 |
AVerMedia Technologies 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 AVerMedia Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AVerMedia Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AVerMedia Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
AVerMedia Technologies Lagged Returns
When evaluating AVerMedia Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AVerMedia Technologies stock have on its future price. AVerMedia Technologies 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, AVerMedia Technologies autocorrelation shows the relationship between AVerMedia Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in AVerMedia Technologies.
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 AVerMedia Stock Analysis
When running AVerMedia Technologies' price analysis, check to measure AVerMedia Technologies' 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 AVerMedia Technologies is operating at the current time. Most of AVerMedia Technologies' value examination focuses on studying past and present price action to predict the probability of AVerMedia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AVerMedia Technologies' price. Additionally, you may evaluate how the addition of AVerMedia Technologies to your portfolios can decrease your overall portfolio volatility.