Syscom Computer (Taiwan) Market Value
| 2453 Stock | TWD 57.50 2.10 3.52% |
| Symbol | Syscom |
Syscom Computer '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 Syscom Computer'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 Syscom Computer.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Syscom Computer on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Syscom Computer Engineering or generate 0.0% return on investment in Syscom Computer over 30 days. Syscom Computer is related to or competes with Ares International, Stark Technology, Audix Corp, Fortune Information, and Everspring Industry. Syscom Computer Engineering Co. provides information technology services worldwide More
Syscom Computer 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 Syscom Computer'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 Syscom Computer Engineering upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.035 | |||
| Maximum Drawdown | 16.09 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.53 |
Syscom Computer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Syscom Computer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Syscom Computer's standard deviation. In reality, there are many statistical measures that can use Syscom Computer historical prices to predict the future Syscom Computer's volatility.| Risk Adjusted Performance | 0.061 | |||
| Jensen Alpha | 0.1574 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0398 | |||
| Treynor Ratio | 0.7264 |
Syscom Computer Engi Backtested Returns
At this stage we consider Syscom Stock to be very steady. Syscom Computer Engi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0527, which indicates the firm had a 0.0527% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Syscom Computer Engineering, which you can use to evaluate the volatility of the company. Please validate Syscom Computer's Semi Deviation of 1.89, coefficient of variation of 1348.04, and Risk Adjusted Performance of 0.061 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Syscom Computer has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Syscom Computer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Syscom Computer is expected to be smaller as well. Syscom Computer Engi right now has a risk of 2.58%. Please validate Syscom Computer jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Syscom Computer will be following its existing price patterns.
Auto-correlation | 0.36 |
Below average predictability
Syscom Computer Engineering has below average predictability. Overlapping area represents the amount of predictability between Syscom Computer time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Syscom Computer Engi price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Syscom Computer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 12.16 |
Syscom Computer Engi lagged returns against current returns
Autocorrelation, which is Syscom Computer 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 Syscom Computer's stock expected returns. We can calculate the autocorrelation of Syscom Computer returns to help us make a trade decision. For example, suppose you find that Syscom Computer 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 |
Syscom Computer 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 Syscom Computer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Syscom Computer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Syscom Computer stock over time.
Current vs Lagged Prices |
| Timeline |
Syscom Computer Lagged Returns
When evaluating Syscom Computer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Syscom Computer stock have on its future price. Syscom Computer 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, Syscom Computer autocorrelation shows the relationship between Syscom Computer stock current value and its past values and can show if there is a momentum factor associated with investing in Syscom Computer Engineering.
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 Syscom Stock Analysis
When running Syscom Computer's price analysis, check to measure Syscom Computer'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 Syscom Computer is operating at the current time. Most of Syscom Computer's value examination focuses on studying past and present price action to predict the probability of Syscom Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syscom Computer's price. Additionally, you may evaluate how the addition of Syscom Computer to your portfolios can decrease your overall portfolio volatility.