Kerry TJ (Taiwan) Market Value

2608 Stock  TWD 38.55  0.25  0.64%   
Kerry TJ's market value is the price at which a share of Kerry TJ trades on a public exchange. It measures the collective expectations of Kerry TJ Logistics investors about its performance. Kerry TJ is selling for under 38.55 as of the 4th of March 2025; that is 0.64 percent decrease since the beginning of the trading day. The stock's lowest day price was 38.2.
With this module, you can estimate the performance of a buy and hold strategy of Kerry TJ Logistics and determine expected loss or profit from investing in Kerry TJ over a given investment horizon. Check out Kerry TJ Correlation, Kerry TJ Volatility and Kerry TJ Alpha and Beta module to complement your research on Kerry TJ.
Symbol

Please note, there is a significant difference between Kerry TJ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kerry TJ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kerry TJ's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Kerry TJ '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 Kerry TJ'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 Kerry TJ.
0.00
02/02/2025
No Change 0.00  0.0 
In 31 days
03/04/2025
0.00
If you would invest  0.00  in Kerry TJ on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Kerry TJ Logistics or generate 0.0% return on investment in Kerry TJ over 30 days. Kerry TJ is related to or competes with U Ming, Evergreen International, Yang Ming, President Chain, and Wan Hai. Kerry TJ Logistics Company Limited provides integrated logistics services worldwide More

Kerry TJ 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 Kerry TJ'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 Kerry TJ Logistics upside and downside potential and time the market with a certain degree of confidence.

Kerry TJ Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kerry TJ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kerry TJ's standard deviation. In reality, there are many statistical measures that can use Kerry TJ historical prices to predict the future Kerry TJ's volatility.
Hype
Prediction
LowEstimatedHigh
38.0038.5539.10
Details
Intrinsic
Valuation
LowRealHigh
38.1538.7039.25
Details
Naive
Forecast
LowNextHigh
37.9838.5339.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
37.7638.7339.70
Details

Kerry TJ Logistics Backtested Returns

Kerry TJ Logistics has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1 % return per unit of risk over the last 3 months. Kerry TJ exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kerry TJ's Mean Deviation of 0.4375, standard deviation of 0.5622, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0461, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kerry TJ are expected to decrease at a much lower rate. During the bear market, Kerry TJ is likely to outperform the market. At this point, Kerry TJ Logistics has a negative expected return of -0.0555%. Please make sure to verify Kerry TJ's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Kerry TJ Logistics performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.40  

Average predictability

Kerry TJ Logistics has average predictability. Overlapping area represents the amount of predictability between Kerry TJ time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Kerry TJ Logistics price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Kerry TJ price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test0.45
Residual Average0.0
Price Variance0.02

Kerry TJ Logistics lagged returns against current returns

Autocorrelation, which is Kerry TJ 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 Kerry TJ's stock expected returns. We can calculate the autocorrelation of Kerry TJ returns to help us make a trade decision. For example, suppose you find that Kerry TJ 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  

Kerry TJ 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 Kerry TJ stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kerry TJ stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kerry TJ stock over time.
   Current vs Lagged Prices   
       Timeline  

Kerry TJ Lagged Returns

When evaluating Kerry TJ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kerry TJ stock have on its future price. Kerry TJ 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, Kerry TJ autocorrelation shows the relationship between Kerry TJ stock current value and its past values and can show if there is a momentum factor associated with investing in Kerry TJ Logistics.
   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 Kerry Stock Analysis

When running Kerry TJ's price analysis, check to measure Kerry TJ'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 Kerry TJ is operating at the current time. Most of Kerry TJ's value examination focuses on studying past and present price action to predict the probability of Kerry TJ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kerry TJ's price. Additionally, you may evaluate how the addition of Kerry TJ to your portfolios can decrease your overall portfolio volatility.