Far Eastern's market value is the price at which a share of Far Eastern trades on a public exchange. It measures the collective expectations of Far Eastern International investors about its performance. Far Eastern is selling for under 13.30 as of the 10th of January 2025; that is 0.37 percent decrease since the beginning of the trading day. The stock's lowest day price was 13.3. With this module, you can estimate the performance of a buy and hold strategy of Far Eastern International and determine expected loss or profit from investing in Far Eastern over a given investment horizon. Check out Far Eastern Correlation, Far Eastern Volatility and Far Eastern Alpha and Beta module to complement your research on Far Eastern.
Please note, there is a significant difference between Far Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Far Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Far Eastern'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.
Far Eastern '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 Far Eastern'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 Far Eastern.
0.00
12/11/2024
No Change 0.00
0.0
In 30 days
01/10/2025
0.00
If you would invest 0.00 in Far Eastern on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Far Eastern International or generate 0.0% return on investment in Far Eastern over 30 days. Far Eastern is related to or competes with Chang Hwa, Taiwan Business, Sinopac Financial, Taichung Commercial, and Taishin Financial. Far Eastern International Bank Ltd. provides individual and corporate banking services in Taiwan, rest of the Asia Pacif... More
Far Eastern 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 Far Eastern'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 Far Eastern International upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Far Eastern's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Far Eastern's standard deviation. In reality, there are many statistical measures that can use Far Eastern historical prices to predict the future Far Eastern's volatility.
At this stage we consider Far Stock to be very steady. Far Eastern International secures Sharpe Ratio (or Efficiency) of 0.0177, which denotes the company had a 0.0177% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Far Eastern International, which you can use to evaluate the volatility of the firm. Please confirm Far Eastern's Mean Deviation of 0.6563, standard deviation of 0.9102, and Variance of 0.8285 to check if the risk estimate we provide is consistent with the expected return of 0.016%. Far Eastern has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Far Eastern are expected to decrease at a much lower rate. During the bear market, Far Eastern is likely to outperform the market. Far Eastern International right now shows a risk of 0.9%. Please confirm Far Eastern International treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Far Eastern International will be following its price patterns.
Auto-correlation
-0.85
Excellent reverse predictability
Far Eastern International has excellent reverse predictability. Overlapping area represents the amount of predictability between Far Eastern time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 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 Far Eastern International price movement. The serial correlation of -0.85 indicates that around 85.0% of current Far Eastern price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.85
Spearman Rank Test
-0.45
Residual Average
0.0
Price Variance
0.01
Far Eastern International lagged returns against current returns
Autocorrelation, which is Far Eastern 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 Far Eastern's stock expected returns. We can calculate the autocorrelation of Far Eastern returns to help us make a trade decision. For example, suppose you find that Far Eastern 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
Far Eastern 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 Far Eastern stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Far Eastern stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Far Eastern stock over time.
Current vs Lagged Prices
Timeline
Far Eastern Lagged Returns
When evaluating Far Eastern's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Far Eastern stock have on its future price. Far Eastern 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, Far Eastern autocorrelation shows the relationship between Far Eastern stock current value and its past values and can show if there is a momentum factor associated with investing in Far Eastern International.
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.
When running Far Eastern's price analysis, check to measure Far Eastern'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 Far Eastern is operating at the current time. Most of Far Eastern's value examination focuses on studying past and present price action to predict the probability of Far Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far Eastern's price. Additionally, you may evaluate how the addition of Far Eastern to your portfolios can decrease your overall portfolio volatility.