Catcher Technology (Taiwan) Market Value
| 2474 Stock | TWD 206.00 0.50 0.24% |
| Symbol | Catcher |
Catcher Technology '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 Catcher Technology'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 Catcher Technology.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Catcher Technology on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Catcher Technology Co or generate 0.0% return on investment in Catcher Technology over 90 days. Catcher Technology is related to or competes with LARGAN Precision, Delta Electronics, Quanta Computer, Pegatron Corp, and Novatek Microelectronics. Catcher Technology Co., Ltd., together with its subsidiaries, manufactures and sells aluminum and magnesium extrusions, ... More
Catcher Technology 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 Catcher Technology'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 Catcher Technology Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.1227 | |||
| Maximum Drawdown | 4.79 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.6 |
Catcher Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Catcher Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Catcher Technology's standard deviation. In reality, there are many statistical measures that can use Catcher Technology historical prices to predict the future Catcher Technology's volatility.| Risk Adjusted Performance | 0.0303 | |||
| Jensen Alpha | 0.0138 | |||
| Total Risk Alpha | 0.1631 | |||
| Sortino Ratio | 0.1064 | |||
| Treynor Ratio | (0.24) |
Catcher Technology Backtested Returns
Catcher Technology appears to be very steady, given 3 months investment horizon. Catcher Technology secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Catcher Technology Co, which you can use to evaluate the volatility of the firm. Please makes use of Catcher Technology's Mean Deviation of 0.7863, risk adjusted performance of 0.0303, and Downside Deviation of 1.27 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Catcher Technology holds a performance score of 23. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Catcher Technology are expected to decrease at a much lower rate. During the bear market, Catcher Technology is likely to outperform the market. Please check Catcher Technology's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Catcher Technology's price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
Catcher Technology Co has very good predictability. Overlapping area represents the amount of predictability between Catcher Technology time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Catcher Technology price movement. The serial correlation of 0.83 indicates that around 83.0% of current Catcher Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 16.84 |
Catcher Technology lagged returns against current returns
Autocorrelation, which is Catcher Technology 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 Catcher Technology's stock expected returns. We can calculate the autocorrelation of Catcher Technology returns to help us make a trade decision. For example, suppose you find that Catcher Technology 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 |
Catcher Technology 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 Catcher Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Catcher Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Catcher Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Catcher Technology Lagged Returns
When evaluating Catcher Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Catcher Technology stock have on its future price. Catcher Technology 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, Catcher Technology autocorrelation shows the relationship between Catcher Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Catcher Technology Co.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Catcher Stock Analysis
When running Catcher Technology's price analysis, check to measure Catcher Technology'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 Catcher Technology is operating at the current time. Most of Catcher Technology's value examination focuses on studying past and present price action to predict the probability of Catcher Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Catcher Technology's price. Additionally, you may evaluate how the addition of Catcher Technology to your portfolios can decrease your overall portfolio volatility.