GeoVision (Taiwan) Market Value
| 3356 Stock | TWD 57.50 0.40 0.69% |
| Symbol | GeoVision |
GeoVision '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 GeoVision'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 GeoVision.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in GeoVision on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding GeoVision or generate 0.0% return on investment in GeoVision over 90 days. GeoVision is related to or competes with Flytech Technology, Vivotek, Kinsus Interconnect, Asia Optical, and AV Tech. GeoVision Inc., together with its subsidiaries, operates as a digital and networked video surveillance company worldwide More
GeoVision 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 GeoVision'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 GeoVision upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.117 | |||
| Maximum Drawdown | 8.37 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.64 |
GeoVision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GeoVision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GeoVision's standard deviation. In reality, there are many statistical measures that can use GeoVision historical prices to predict the future GeoVision's volatility.| Risk Adjusted Performance | 0.055 | |||
| Jensen Alpha | 0.1009 | |||
| Total Risk Alpha | 0.2954 | |||
| Sortino Ratio | 0.125 | |||
| Treynor Ratio | 0.6454 |
GeoVision Backtested Returns
At this stage we consider GeoVision Stock to be very steady. GeoVision holds Efficiency (Sharpe) Ratio of 0.0577, which attests that the entity had a 0.0577 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for GeoVision, which you can use to evaluate the volatility of the firm. Please check out GeoVision's Downside Deviation of 1.56, market risk adjusted performance of 0.6554, and Risk Adjusted Performance of 0.055 to validate if the risk estimate we provide is consistent with the expected return of 0.0963%. GeoVision has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GeoVision's returns are expected to increase less than the market. However, during the bear market, the loss of holding GeoVision is expected to be smaller as well. GeoVision right now retains a risk of 1.67%. Please check out GeoVision downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if GeoVision will be following its current trending patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
GeoVision has modest reverse predictability. Overlapping area represents the amount of predictability between GeoVision 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 GeoVision price movement. The serial correlation of -0.43 indicates that just about 43.0% of current GeoVision price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 2.13 |
GeoVision lagged returns against current returns
Autocorrelation, which is GeoVision 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 GeoVision's stock expected returns. We can calculate the autocorrelation of GeoVision returns to help us make a trade decision. For example, suppose you find that GeoVision 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 |
GeoVision 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 GeoVision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GeoVision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GeoVision stock over time.
Current vs Lagged Prices |
| Timeline |
GeoVision Lagged Returns
When evaluating GeoVision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GeoVision stock have on its future price. GeoVision 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, GeoVision autocorrelation shows the relationship between GeoVision stock current value and its past values and can show if there is a momentum factor associated with investing in GeoVision.
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 GeoVision Stock Analysis
When running GeoVision's price analysis, check to measure GeoVision'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 GeoVision is operating at the current time. Most of GeoVision's value examination focuses on studying past and present price action to predict the probability of GeoVision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GeoVision's price. Additionally, you may evaluate how the addition of GeoVision to your portfolios can decrease your overall portfolio volatility.