Leofoo Development (Taiwan) Market Value
| 2705 Stock | TWD 17.85 0.05 0.28% |
| Symbol | Leofoo |
Leofoo 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 Leofoo 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 Leofoo Development.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Leofoo Development on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Leofoo Development Co or generate 0.0% return on investment in Leofoo Development over 90 days. Leofoo Development is related to or competes with First Hotel, Hotel Holiday, Taiwan Tea, Far Eastern, and China Container. Leofoo Development Co., Ltd. engages in the tourism and travel industry in Taiwan More
Leofoo 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 Leofoo 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 Leofoo Development Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.1537 | |||
| Maximum Drawdown | 9.37 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.43 |
Leofoo Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leofoo Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leofoo Development's standard deviation. In reality, there are many statistical measures that can use Leofoo Development historical prices to predict the future Leofoo Development's volatility.| Risk Adjusted Performance | 0.0457 | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | 0.269 | |||
| Sortino Ratio | 0.1864 | |||
| Treynor Ratio | (0.38) |
Leofoo Development Backtested Returns
At this stage we consider Leofoo Stock to be very steady. Leofoo Development has Sharpe Ratio of 0.0521, which conveys that the firm had a 0.0521 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Leofoo Development, which you can use to evaluate the volatility of the firm. Please verify Leofoo Development's Mean Deviation of 0.7658, downside deviation of 1.05, and Risk Adjusted Performance of 0.0457 to check out if the risk estimate we provide is consistent with the expected return of 0.0696%. Leofoo Development has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Leofoo Development are expected to decrease at a much lower rate. During the bear market, Leofoo Development is likely to outperform the market. Leofoo Development right now secures a risk of 1.34%. Please verify Leofoo Development Co downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Leofoo Development Co will be following its current price movements.
Auto-correlation | -0.32 |
Poor reverse predictability
Leofoo Development Co has poor reverse predictability. Overlapping area represents the amount of predictability between Leofoo Development 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 Leofoo Development price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Leofoo Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Leofoo Development lagged returns against current returns
Autocorrelation, which is Leofoo 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 Leofoo Development's stock expected returns. We can calculate the autocorrelation of Leofoo Development returns to help us make a trade decision. For example, suppose you find that Leofoo 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 |
Leofoo 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 Leofoo Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leofoo Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leofoo Development stock over time.
Current vs Lagged Prices |
| Timeline |
Leofoo Development Lagged Returns
When evaluating Leofoo Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leofoo Development stock have on its future price. Leofoo 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, Leofoo Development autocorrelation shows the relationship between Leofoo Development stock current value and its past values and can show if there is a momentum factor associated with investing in Leofoo Development Co.
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 Leofoo Stock Analysis
When running Leofoo Development's price analysis, check to measure Leofoo 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 Leofoo Development is operating at the current time. Most of Leofoo Development's value examination focuses on studying past and present price action to predict the probability of Leofoo 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 Leofoo Development's price. Additionally, you may evaluate how the addition of Leofoo Development to your portfolios can decrease your overall portfolio volatility.