Kuo Yang (Taiwan) Market Value
| 2505 Stock | TWD 21.30 0.85 3.84% |
| Symbol | Kuo |
Kuo Yang '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 Kuo Yang'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 Kuo Yang.
| 12/28/2022 |
| 12/17/2024 |
If you would invest 0.00 in Kuo Yang on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding Kuo Yang Construction or generate 0.0% return on investment in Kuo Yang over 720 days. Kuo Yang is related to or competes with Chong Hong, Ruentex Development, Symtek Automation, WiseChip Semiconductor, Novatek Microelectronics, Leader Electronics, and Advanced Ceramic. Kuo Yang Construction Co., Ltd engages in the real estate development business in Taiwan More
Kuo Yang 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 Kuo Yang'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 Kuo Yang Construction upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.78 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 2.33 |
Kuo Yang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kuo Yang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kuo Yang's standard deviation. In reality, there are many statistical measures that can use Kuo Yang historical prices to predict the future Kuo Yang's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.39) |
Kuo Yang Construction Backtested Returns
Kuo Yang Construction has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Kuo Yang exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kuo Yang's Mean Deviation of 1.22, standard deviation of 1.66, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.52, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kuo Yang's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kuo Yang is expected to be smaller as well. At this point, Kuo Yang Construction has a negative expected return of -0.22%. Please make sure to verify Kuo Yang's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Kuo Yang Construction performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.09 |
Very weak reverse predictability
Kuo Yang Construction has very weak reverse predictability. Overlapping area represents the amount of predictability between Kuo Yang time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th 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 Kuo Yang Construction price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Kuo Yang price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 8.13 |
Kuo Yang Construction lagged returns against current returns
Autocorrelation, which is Kuo Yang 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 Kuo Yang's stock expected returns. We can calculate the autocorrelation of Kuo Yang returns to help us make a trade decision. For example, suppose you find that Kuo Yang 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 |
Kuo Yang 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 Kuo Yang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kuo Yang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kuo Yang stock over time.
Current vs Lagged Prices |
| Timeline |
Kuo Yang Lagged Returns
When evaluating Kuo Yang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kuo Yang stock have on its future price. Kuo Yang 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, Kuo Yang autocorrelation shows the relationship between Kuo Yang stock current value and its past values and can show if there is a momentum factor associated with investing in Kuo Yang Construction.
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 Kuo Stock Analysis
When running Kuo Yang's price analysis, check to measure Kuo Yang'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 Kuo Yang is operating at the current time. Most of Kuo Yang's value examination focuses on studying past and present price action to predict the probability of Kuo Yang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kuo Yang's price. Additionally, you may evaluate how the addition of Kuo Yang to your portfolios can decrease your overall portfolio volatility.