Sakura Development (Taiwan) Market Value
| 2539 Stock | TWD 50.30 0.10 0.20% |
| Symbol | Sakura |
Sakura Development '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 Sakura Development'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 Sakura Development.
| 10/25/2023 |
| 12/18/2024 |
If you would invest 0.00 in Sakura Development on October 25, 2023 and sell it all today you would earn a total of 0.00 from holding Sakura Development Co or generate 0.0% return on investment in Sakura Development over 420 days. Sakura Development is related to or competes with Chong Hong, Ruentex Development, Symtek Automation, WiseChip Semiconductor, Novatek Microelectronics, Leader Electronics, and Advanced Ceramic. ,Ltd engages in the sale and lease of residential properties with focus on the Zhongzhangtou area in Taiwan More
Sakura Development 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 Sakura Development'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 Sakura Development Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.58 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 3.21 |
Sakura Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sakura Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sakura Development's standard deviation. In reality, there are many statistical measures that can use Sakura Development historical prices to predict the future Sakura Development's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.28) |
Sakura Development Backtested Returns
Sakura Development owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0585, which indicates the firm had a -0.0585% return per unit of risk over the last 3 months. Sakura Development Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sakura Development's Risk Adjusted Performance of (0.04), coefficient of variation of (1,874), and Variance of 5.16 to confirm the risk estimate we provide. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sakura Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sakura Development is expected to be smaller as well. At this point, Sakura Development has a negative expected return of -0.13%. Please make sure to validate Sakura Development's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Sakura Development performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.93 |
Near perfect reversele predictability
Sakura Development Co has near perfect reversele predictability. Overlapping area represents the amount of predictability between Sakura Development time series from 25th of October 2023 to 22nd of May 2024 and 22nd of May 2024 to 18th 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 Sakura Development price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current Sakura Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 127.31 |
Sakura Development lagged returns against current returns
Autocorrelation, which is Sakura Development 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 Sakura Development's stock expected returns. We can calculate the autocorrelation of Sakura Development returns to help us make a trade decision. For example, suppose you find that Sakura Development 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 |
Sakura Development 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 Sakura Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sakura Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sakura Development stock over time.
Current vs Lagged Prices |
| Timeline |
Sakura Development Lagged Returns
When evaluating Sakura Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sakura Development stock have on its future price. Sakura Development 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, Sakura Development autocorrelation shows the relationship between Sakura Development stock current value and its past values and can show if there is a momentum factor associated with investing in Sakura Development 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 Sakura Stock Analysis
When running Sakura Development's price analysis, check to measure Sakura Development'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 Sakura Development is operating at the current time. Most of Sakura Development's value examination focuses on studying past and present price action to predict the probability of Sakura Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sakura Development's price. Additionally, you may evaluate how the addition of Sakura Development to your portfolios can decrease your overall portfolio volatility.