China Container (Taiwan) Market Value
| 2613 Stock | TWD 32.40 0.40 1.25% |
| Symbol | China |
China Container '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 China Container'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 China Container.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in China Container on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding China Container Terminal or generate 0.0% return on investment in China Container over 90 days. China Container is related to or competes with Sincere Navigation, Evergreen International, Tze Shin, First Steamship, and Taiwan Tea. China Container Terminal Corp. provides cargo handling services in Taiwan More
China Container 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 China Container'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 China Container Terminal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0582 | |||
| Maximum Drawdown | 15.46 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.38 |
China Container Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Container's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Container's standard deviation. In reality, there are many statistical measures that can use China Container historical prices to predict the future China Container's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.2977 | |||
| Treynor Ratio | (0.50) |
China Container Terminal Backtested Returns
China Container Terminal secures Sharpe Ratio (or Efficiency) of -0.0488, which signifies that the company had a -0.0488 % return per unit of risk over the last 3 months. China Container Terminal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Container's Mean Deviation of 1.26, insignificant risk adjusted performance, and Standard Deviation of 1.94 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0587, which signifies not very significant fluctuations relative to the market. As returns on the market increase, China Container's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Container is expected to be smaller as well. At this point, China Container Terminal has a negative expected return of -0.0684%. Please make sure to confirm China Container's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if China Container Terminal performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
China Container Terminal has virtually no predictability. Overlapping area represents the amount of predictability between China Container time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 China Container Terminal price movement. The serial correlation of 0.07 indicates that barely 7.0% of current China Container price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 1.4 |
China Container Terminal lagged returns against current returns
Autocorrelation, which is China Container 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 China Container's stock expected returns. We can calculate the autocorrelation of China Container returns to help us make a trade decision. For example, suppose you find that China Container 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 |
China Container 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 China Container stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Container stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Container stock over time.
Current vs Lagged Prices |
| Timeline |
China Container Lagged Returns
When evaluating China Container's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Container stock have on its future price. China Container 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, China Container autocorrelation shows the relationship between China Container stock current value and its past values and can show if there is a momentum factor associated with investing in China Container Terminal.
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 China Stock Analysis
When running China Container's price analysis, check to measure China Container'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 China Container is operating at the current time. Most of China Container's value examination focuses on studying past and present price action to predict the probability of China Container's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Container's price. Additionally, you may evaluate how the addition of China Container to your portfolios can decrease your overall portfolio volatility.