Siward Crystal (Taiwan) Market Value
| 2484 Stock | TWD 25.70 0.15 0.59% |
| Symbol | Siward |
Siward Crystal '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 Siward Crystal'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 Siward Crystal.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Siward Crystal on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Siward Crystal Technology or generate 0.0% return on investment in Siward Crystal over 90 days. Siward Crystal is related to or competes with TXC Corp, Pan Jit, Weltrend Semiconductor, Zinwell, and Sunplus Technology. Siward Crystal Technology Co., Ltd. manufactures and sells crystal and oscillator solutions worldwide More
Siward Crystal 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 Siward Crystal'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 Siward Crystal Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.019 | |||
| Maximum Drawdown | 6.86 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.51 |
Siward Crystal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siward Crystal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siward Crystal's standard deviation. In reality, there are many statistical measures that can use Siward Crystal historical prices to predict the future Siward Crystal's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | 0.0698 | |||
| Treynor Ratio | 9.1 |
Siward Crystal Technology Backtested Returns
At this stage we consider Siward Stock to be very steady. Siward Crystal Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0177, which indicates the firm had a 0.0177 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Siward Crystal Technology, which you can use to evaluate the volatility of the company. Please validate Siward Crystal's Coefficient Of Variation of (1,643), risk adjusted performance of (0.05), and Variance of 1.54 to confirm if the risk estimate we provide is consistent with the expected return of 0.0201%. Siward Crystal has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.0094, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Siward Crystal are expected to decrease at a much lower rate. During the bear market, Siward Crystal is likely to outperform the market. Siward Crystal Technology right now has a risk of 1.14%. Please validate Siward Crystal value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Siward Crystal will be following its existing price patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
Siward Crystal Technology has weak reverse predictability. Overlapping area represents the amount of predictability between Siward Crystal time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Siward Crystal Technology price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Siward Crystal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Siward Crystal Technology lagged returns against current returns
Autocorrelation, which is Siward Crystal 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 Siward Crystal's stock expected returns. We can calculate the autocorrelation of Siward Crystal returns to help us make a trade decision. For example, suppose you find that Siward Crystal 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 |
Siward Crystal 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 Siward Crystal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siward Crystal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siward Crystal stock over time.
Current vs Lagged Prices |
| Timeline |
Siward Crystal Lagged Returns
When evaluating Siward Crystal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siward Crystal stock have on its future price. Siward Crystal 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, Siward Crystal autocorrelation shows the relationship between Siward Crystal stock current value and its past values and can show if there is a momentum factor associated with investing in Siward Crystal Technology.
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 Siward Stock Analysis
When running Siward Crystal's price analysis, check to measure Siward Crystal'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 Siward Crystal is operating at the current time. Most of Siward Crystal's value examination focuses on studying past and present price action to predict the probability of Siward Crystal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siward Crystal's price. Additionally, you may evaluate how the addition of Siward Crystal to your portfolios can decrease your overall portfolio volatility.