Getac Technology (Taiwan) Market Value
| 3005 Stock | TWD 113.50 1.50 1.30% |
| Symbol | Getac |
Getac Technology '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 Getac Technology'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 Getac Technology.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Getac Technology on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Getac Technology Corp or generate 0.0% return on investment in Getac Technology over 90 days. Getac Technology is related to or competes with Chicony Electronics, Inventec Corp, Synnex Technology, Micro Star, and MiTAC Holdings. Getac Technology Corporation, together with its subsidiaries, engages in the research, development, manufacture, and sal... More
Getac Technology 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 Getac Technology'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 Getac Technology Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.1768 | |||
| Maximum Drawdown | 9.51 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.76 |
Getac Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Getac Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Getac Technology's standard deviation. In reality, there are many statistical measures that can use Getac Technology historical prices to predict the future Getac Technology's volatility.| Risk Adjusted Performance | 0.0803 | |||
| Jensen Alpha | 0.1058 | |||
| Total Risk Alpha | 0.3828 | |||
| Sortino Ratio | 0.1492 | |||
| Treynor Ratio | (0.87) |
Getac Technology Corp Backtested Returns
At this stage we consider Getac Stock to be very steady. Getac Technology Corp holds Efficiency (Sharpe) Ratio of 0.0891, which attests that the entity had a 0.0891 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Getac Technology Corp, which you can use to evaluate the volatility of the firm. Please check out Getac Technology's Market Risk Adjusted Performance of (0.86), risk adjusted performance of 0.0803, and Downside Deviation of 1.8 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Getac Technology has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Getac Technology are expected to decrease at a much lower rate. During the bear market, Getac Technology is likely to outperform the market. Getac Technology Corp right now retains a risk of 1.61%. Please check out Getac Technology standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Getac Technology will be following its current trending patterns.
Auto-correlation | -0.51 |
Good reverse predictability
Getac Technology Corp has good reverse predictability. Overlapping area represents the amount of predictability between Getac Technology 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 Getac Technology Corp price movement. The serial correlation of -0.51 indicates that about 51.0% of current Getac Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 12.54 |
Getac Technology Corp lagged returns against current returns
Autocorrelation, which is Getac Technology 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 Getac Technology's stock expected returns. We can calculate the autocorrelation of Getac Technology returns to help us make a trade decision. For example, suppose you find that Getac Technology 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 |
Getac Technology 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 Getac Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Getac Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Getac Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Getac Technology Lagged Returns
When evaluating Getac Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Getac Technology stock have on its future price. Getac Technology 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, Getac Technology autocorrelation shows the relationship between Getac Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Getac Technology Corp.
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.Additional Tools for Getac Stock Analysis
When running Getac Technology's price analysis, check to measure Getac Technology'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 Getac Technology is operating at the current time. Most of Getac Technology's value examination focuses on studying past and present price action to predict the probability of Getac Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getac Technology's price. Additionally, you may evaluate how the addition of Getac Technology to your portfolios can decrease your overall portfolio volatility.