Loop Telecommunicatio (Taiwan) Market Value
| 3025 Stock | TWD 63.00 0.50 0.80% |
| Symbol | Loop |
Loop Telecommunicatio '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 Loop Telecommunicatio'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 Loop Telecommunicatio.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Loop Telecommunicatio on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Loop Telecommunication International or generate 0.0% return on investment in Loop Telecommunicatio over 90 days. Loop Telecommunicatio is related to or competes with Edimax Technology, Billion Electric, CyberTAN Technology, Emerging Display, and Action Electronics. Loop Telecommunication International, Inc More
Loop Telecommunicatio 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 Loop Telecommunicatio'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 Loop Telecommunication International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 3.84 |
Loop Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loop Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loop Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Loop Telecommunicatio historical prices to predict the future Loop Telecommunicatio's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | 0.0416 | |||
| Treynor Ratio | 0.6097 |
Loop Telecommunication Backtested Returns
Loop Telecommunication has Sharpe Ratio of -0.0804, which conveys that the firm had a -0.0804 % return per unit of risk over the last 3 months. Loop Telecommunicatio exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Loop Telecommunicatio's Mean Deviation of 1.9, standard deviation of 2.85, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.52, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Loop Telecommunicatio are expected to decrease at a much lower rate. During the bear market, Loop Telecommunicatio is likely to outperform the market. At this point, Loop Telecommunication has a negative expected return of -0.23%. Please make sure to verify Loop Telecommunicatio's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Loop Telecommunication performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Loop Telecommunication International has good predictability. Overlapping area represents the amount of predictability between Loop Telecommunicatio 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 Loop Telecommunication price movement. The serial correlation of 0.66 indicates that around 66.0% of current Loop Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 4.58 |
Loop Telecommunication lagged returns against current returns
Autocorrelation, which is Loop Telecommunicatio 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 Loop Telecommunicatio's stock expected returns. We can calculate the autocorrelation of Loop Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Loop Telecommunicatio 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 |
Loop Telecommunicatio 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 Loop Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loop Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loop Telecommunicatio stock over time.
Current vs Lagged Prices |
| Timeline |
Loop Telecommunicatio Lagged Returns
When evaluating Loop Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loop Telecommunicatio stock have on its future price. Loop Telecommunicatio 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, Loop Telecommunicatio autocorrelation shows the relationship between Loop Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in Loop Telecommunication 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.Additional Tools for Loop Stock Analysis
When running Loop Telecommunicatio's price analysis, check to measure Loop Telecommunicatio'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 Loop Telecommunicatio is operating at the current time. Most of Loop Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Loop Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loop Telecommunicatio's price. Additionally, you may evaluate how the addition of Loop Telecommunicatio to your portfolios can decrease your overall portfolio volatility.