Long Bon (Taiwan) Market Value
| 2514 Stock | TWD 21.40 0.30 1.42% |
| Symbol | Long |
Long Bon '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 Long Bon'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 Long Bon.
| 03/10/2024 |
| 03/05/2025 |
If you would invest 0.00 in Long Bon on March 10, 2024 and sell it all today you would earn a total of 0.00 from holding Long Bon International or generate 0.0% return on investment in Long Bon over 360 days. Long Bon is related to or competes with Hung Sheng, Kee Tai, BES Engineering, Chainqui Construction, and EnTie Commercial. Long Bon International Co., Ltd., through its subsidiaries, engages in the financial investment, construction, and real ... More
Long Bon 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 Long Bon'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 Long Bon International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.1107 | |||
| Maximum Drawdown | 3.98 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.72 |
Long Bon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Long Bon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Long Bon's standard deviation. In reality, there are many statistical measures that can use Long Bon historical prices to predict the future Long Bon's volatility.| Risk Adjusted Performance | 0.028 | |||
| Jensen Alpha | 0.0216 | |||
| Total Risk Alpha | 0.1395 | |||
| Sortino Ratio | 0.1059 | |||
| Treynor Ratio | (1.02) |
Long Bon International Backtested Returns
At this stage we consider Long Stock to be very steady. Long Bon International has Sharpe Ratio of 0.0709, which conveys that the firm had a 0.0709 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Long Bon, which you can use to evaluate the volatility of the firm. Please verify Long Bon's Mean Deviation of 0.7522, risk adjusted performance of 0.028, and Downside Deviation of 1.06 to check out if the risk estimate we provide is consistent with the expected return of 0.0683%. Long Bon has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0232, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Long Bon are expected to decrease at a much lower rate. During the bear market, Long Bon is likely to outperform the market. Long Bon International right now secures a risk of 0.96%. Please verify Long Bon International downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Long Bon International will be following its current price movements.
Auto-correlation | -0.5 |
Modest reverse predictability
Long Bon International has modest reverse predictability. Overlapping area represents the amount of predictability between Long Bon time series from 10th of March 2024 to 6th of September 2024 and 6th of September 2024 to 5th 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 Long Bon International price movement. The serial correlation of -0.5 indicates that about 50.0% of current Long Bon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
Long Bon International lagged returns against current returns
Autocorrelation, which is Long Bon 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 Long Bon's stock expected returns. We can calculate the autocorrelation of Long Bon returns to help us make a trade decision. For example, suppose you find that Long Bon 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 |
Long Bon 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 Long Bon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Long Bon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Long Bon stock over time.
Current vs Lagged Prices |
| Timeline |
Long Bon Lagged Returns
When evaluating Long Bon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Long Bon stock have on its future price. Long Bon 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, Long Bon autocorrelation shows the relationship between Long Bon stock current value and its past values and can show if there is a momentum factor associated with investing in Long Bon International.
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 Long Stock Analysis
When running Long Bon's price analysis, check to measure Long Bon'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 Long Bon is operating at the current time. Most of Long Bon's value examination focuses on studying past and present price action to predict the probability of Long Bon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Long Bon's price. Additionally, you may evaluate how the addition of Long Bon to your portfolios can decrease your overall portfolio volatility.