Arbor Technology (Taiwan) Market Value
| 3594 Stock | TWD 48.50 0.55 1.15% |
| Symbol | Arbor |
Arbor 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 Arbor 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 Arbor Technology.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Arbor Technology on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Arbor Technology or generate 0.0% return on investment in Arbor Technology over 90 days. Arbor Technology is related to or competes with Shieh Yih, U Tech, Gamania Digital, C Media, Ruentex Engineering, Holiday Entertainment, and New Asia. ARBOR Technology Corp. provides industrial IoT computing and mobility solutions in Taiwan and internationally More
Arbor 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 Arbor 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 Arbor Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.0893 | |||
| Maximum Drawdown | 15.36 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.7 |
Arbor Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arbor Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arbor Technology's standard deviation. In reality, there are many statistical measures that can use Arbor Technology historical prices to predict the future Arbor Technology's volatility.| Risk Adjusted Performance | 0.1097 | |||
| Jensen Alpha | 0.3663 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1083 | |||
| Treynor Ratio | (0.88) |
Arbor Technology Backtested Returns
Arbor Technology appears to be very steady, given 3 months investment horizon. Arbor Technology secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Arbor Technology, which you can use to evaluate the volatility of the firm. Please makes use of Arbor Technology's mean deviation of 1.62, and Risk Adjusted Performance of 0.1097 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arbor Technology holds a performance score of 12. The firm shows a Beta (market volatility) of -0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Arbor Technology are expected to decrease at a much lower rate. During the bear market, Arbor Technology is likely to outperform the market. Please check Arbor Technology's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Arbor Technology's price patterns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Arbor Technology has insignificant reverse predictability. Overlapping area represents the amount of predictability between Arbor Technology time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Arbor Technology price movement. The serial correlation of -0.19 indicates that over 19.0% of current Arbor Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 11.36 |
Arbor Technology lagged returns against current returns
Autocorrelation, which is Arbor 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 Arbor Technology's stock expected returns. We can calculate the autocorrelation of Arbor Technology returns to help us make a trade decision. For example, suppose you find that Arbor 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 |
Arbor 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 Arbor Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arbor Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arbor Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Arbor Technology Lagged Returns
When evaluating Arbor Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arbor Technology stock have on its future price. Arbor 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, Arbor Technology autocorrelation shows the relationship between Arbor Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Arbor Technology.
Regressed Prices |
| Timeline |
Pair Trading with Arbor Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arbor Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arbor Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Arbor Stock
Moving against Arbor Stock
The ability to find closely correlated positions to Arbor Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arbor Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arbor Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arbor Technology to buy it.
The correlation of Arbor Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arbor Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arbor Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arbor Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Arbor Stock Analysis
When running Arbor Technology's price analysis, check to measure Arbor 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 Arbor Technology is operating at the current time. Most of Arbor Technology's value examination focuses on studying past and present price action to predict the probability of Arbor 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 Arbor Technology's price. Additionally, you may evaluate how the addition of Arbor Technology to your portfolios can decrease your overall portfolio volatility.