Episil Precision (Taiwan) Market Value
| 3016 Stock | TWD 40.15 1.40 3.37% |
| Symbol | Episil |
Episil Precision '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 Episil Precision'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 Episil Precision.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Episil Precision on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Episil Precision or generate 0.0% return on investment in Episil Precision over 90 days. Episil Precision is related to or competes with Episil Holding, Formosa Sumco, Pan Jit, Visual Photonics, and Unimicron Technology. Episil-Precision Inc. engages in the research, development, production, and sale of epitaxial SiSiCGaN wafers in Taiwan More
Episil Precision 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 Episil Precision'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 Episil Precision upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 15.43 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 4.85 |
Episil Precision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Episil Precision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Episil Precision's standard deviation. In reality, there are many statistical measures that can use Episil Precision historical prices to predict the future Episil Precision's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.1261 | |||
| Treynor Ratio | (0.73) |
Episil Precision Backtested Returns
Episil Precision secures Sharpe Ratio (or Efficiency) of -0.093, which denotes the company had a -0.093 % return per unit of risk over the last 3 months. Episil Precision exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Episil Precision's Standard Deviation of 2.7, variance of 7.27, and Mean Deviation of 1.97 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, Episil Precision's returns are expected to increase less than the market. However, during the bear market, the loss of holding Episil Precision is expected to be smaller as well. At this point, Episil Precision has a negative expected return of -0.26%. Please make sure to confirm Episil Precision's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Episil Precision performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Episil Precision has poor predictability. Overlapping area represents the amount of predictability between Episil Precision time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Episil Precision price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Episil Precision price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 2.5 |
Episil Precision lagged returns against current returns
Autocorrelation, which is Episil Precision 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 Episil Precision's stock expected returns. We can calculate the autocorrelation of Episil Precision returns to help us make a trade decision. For example, suppose you find that Episil Precision 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 |
Episil Precision 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 Episil Precision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Episil Precision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Episil Precision stock over time.
Current vs Lagged Prices |
| Timeline |
Episil Precision Lagged Returns
When evaluating Episil Precision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Episil Precision stock have on its future price. Episil Precision 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, Episil Precision autocorrelation shows the relationship between Episil Precision stock current value and its past values and can show if there is a momentum factor associated with investing in Episil Precision.
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 Episil Stock Analysis
When running Episil Precision's price analysis, check to measure Episil Precision'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 Episil Precision is operating at the current time. Most of Episil Precision's value examination focuses on studying past and present price action to predict the probability of Episil Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Episil Precision's price. Additionally, you may evaluate how the addition of Episil Precision to your portfolios can decrease your overall portfolio volatility.