FocalTech Systems (Taiwan) Market Value
| 3545 Stock | TWD 75.40 0.40 0.53% |
| Symbol | FocalTech |
FocalTech Systems '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 FocalTech Systems' 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 FocalTech Systems.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in FocalTech Systems on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding FocalTech Systems Co or generate 0.0% return on investment in FocalTech Systems over 90 days. FocalTech Systems is related to or competes with Novatek Microelectronics, Sitronix Technology, Elan Microelectronics, Global Unichip, and Holtek Semiconductor. FocalTech Systems Co., Ltd. provides LCD display driver solutions worldwide More
FocalTech Systems 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 FocalTech Systems' 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 FocalTech Systems Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.58 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 2.19 |
FocalTech Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FocalTech Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FocalTech Systems' standard deviation. In reality, there are many statistical measures that can use FocalTech Systems historical prices to predict the future FocalTech Systems' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | 0.1133 | |||
| Treynor Ratio | (0.50) |
FocalTech Systems Backtested Returns
FocalTech Systems secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11 % return per unit of standard deviation over the last 3 months. FocalTech Systems Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FocalTech Systems' Coefficient Of Variation of (926.62), standard deviation of 2.04, and Mean Deviation of 1.49 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, FocalTech Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding FocalTech Systems is expected to be smaller as well. At this point, FocalTech Systems has a negative expected return of -0.23%. Please make sure to confirm FocalTech Systems' standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if FocalTech Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
FocalTech Systems Co has good reverse predictability. Overlapping area represents the amount of predictability between FocalTech Systems 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 FocalTech Systems price movement. The serial correlation of -0.53 indicates that about 53.0% of current FocalTech Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 4.96 |
FocalTech Systems lagged returns against current returns
Autocorrelation, which is FocalTech Systems 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 FocalTech Systems' stock expected returns. We can calculate the autocorrelation of FocalTech Systems returns to help us make a trade decision. For example, suppose you find that FocalTech Systems 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 |
FocalTech Systems 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 FocalTech Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FocalTech Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FocalTech Systems stock over time.
Current vs Lagged Prices |
| Timeline |
FocalTech Systems Lagged Returns
When evaluating FocalTech Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FocalTech Systems stock have on its future price. FocalTech Systems 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, FocalTech Systems autocorrelation shows the relationship between FocalTech Systems stock current value and its past values and can show if there is a momentum factor associated with investing in FocalTech Systems Co.
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 FocalTech Stock Analysis
When running FocalTech Systems' price analysis, check to measure FocalTech Systems' 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 FocalTech Systems is operating at the current time. Most of FocalTech Systems' value examination focuses on studying past and present price action to predict the probability of FocalTech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FocalTech Systems' price. Additionally, you may evaluate how the addition of FocalTech Systems to your portfolios can decrease your overall portfolio volatility.