Yuanta Financial (Taiwan) Market Value
| 2885 Stock | TWD 35.15 0.45 1.30% |
| Symbol | Yuanta |
Yuanta Financial '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 Yuanta Financial'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 Yuanta Financial.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Yuanta Financial on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Yuanta Financial Holdings or generate 0.0% return on investment in Yuanta Financial over 30 days. Yuanta Financial is related to or competes with Central Reinsurance, Huaku Development, Fubon Financial, Chailease Holding, and CTBC Financial. Yuanta Financial Holding Co., Ltd. operates as a financial services company primarily in Taiwan More
Yuanta Financial 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 Yuanta Financial'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 Yuanta Financial Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9557 | |||
| Information Ratio | 0.1219 | |||
| Maximum Drawdown | 4.99 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 2.52 |
Yuanta Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanta Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yuanta Financial's standard deviation. In reality, there are many statistical measures that can use Yuanta Financial historical prices to predict the future Yuanta Financial's volatility.| Risk Adjusted Performance | 0.1642 | |||
| Jensen Alpha | 0.2322 | |||
| Total Risk Alpha | 0.0813 | |||
| Sortino Ratio | 0.1436 | |||
| Treynor Ratio | 3.53 |
Yuanta Financial Holdings Backtested Returns
Yuanta Financial appears to be very steady, given 3 months investment horizon. Yuanta Financial Holdings shows Sharpe Ratio of 0.21, which attests that the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yuanta Financial Holdings, which you can use to evaluate the volatility of the company. Please utilize Yuanta Financial's Downside Deviation of 0.9557, mean deviation of 0.889, and Market Risk Adjusted Performance of 3.54 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yuanta Financial holds a performance score of 16. The firm maintains a market beta of 0.0678, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yuanta Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuanta Financial is expected to be smaller as well. Please check Yuanta Financial's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Yuanta Financial's historical returns will revert.
Auto-correlation | 0.71 |
Good predictability
Yuanta Financial Holdings has good predictability. Overlapping area represents the amount of predictability between Yuanta Financial time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Yuanta Financial Holdings price movement. The serial correlation of 0.71 indicates that around 71.0% of current Yuanta Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Yuanta Financial Holdings lagged returns against current returns
Autocorrelation, which is Yuanta Financial 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 Yuanta Financial's stock expected returns. We can calculate the autocorrelation of Yuanta Financial returns to help us make a trade decision. For example, suppose you find that Yuanta Financial 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 |
Yuanta Financial 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 Yuanta Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yuanta Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yuanta Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Yuanta Financial Lagged Returns
When evaluating Yuanta Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yuanta Financial stock have on its future price. Yuanta Financial 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, Yuanta Financial autocorrelation shows the relationship between Yuanta Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Yuanta Financial Holdings.
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 Yuanta Stock Analysis
When running Yuanta Financial's price analysis, check to measure Yuanta Financial'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 Yuanta Financial is operating at the current time. Most of Yuanta Financial's value examination focuses on studying past and present price action to predict the probability of Yuanta Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yuanta Financial's price. Additionally, you may evaluate how the addition of Yuanta Financial to your portfolios can decrease your overall portfolio volatility.