Young Fast (Taiwan) Market Value
| 3622 Stock | TWD 58.90 0.60 1.01% |
| Symbol | Young |
Young Fast '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 Young Fast'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 Young Fast.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Young Fast on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Young Fast Optoelectronics or generate 0.0% return on investment in Young Fast over 90 days. Young Fast is related to or competes with TPK Holding, Innolux Corp, Everlight Electronics, Powertech Technology, and HannsTouch Solution. Young Fast Optoelectronics Co., Ltd. manufactures and markets small to mediumsized touch panel sensor solutions ranging from 1.2 to 12 inches in Taiwan and internationally. More
Young Fast 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 Young Fast'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 Young Fast Optoelectronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 3.01 |
Young Fast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Young Fast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Young Fast's standard deviation. In reality, there are many statistical measures that can use Young Fast historical prices to predict the future Young Fast's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | 0.0206 | |||
| Treynor Ratio | 9.46 |
Young Fast Optoelect Backtested Returns
Young Fast Optoelect shows Sharpe Ratio of -0.0227, which attests that the company had a -0.0227 % return per unit of risk over the last 3 months. Young Fast Optoelect exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Young Fast's Standard Deviation of 2.14, market risk adjusted performance of 9.47, and Mean Deviation of 1.39 to validate the risk estimate we provide. The firm maintains a market beta of -0.0262, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Young Fast are expected to decrease at a much lower rate. During the bear market, Young Fast is likely to outperform the market. At this point, Young Fast Optoelect has a negative expected return of -0.0407%. Please make sure to check out Young Fast's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Young Fast Optoelect performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Young Fast Optoelectronics has insignificant reverse predictability. Overlapping area represents the amount of predictability between Young Fast time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Young Fast Optoelect price movement. The serial correlation of -0.17 indicates that over 17.0% of current Young Fast price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 8.32 |
Young Fast Optoelect lagged returns against current returns
Autocorrelation, which is Young Fast 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 Young Fast's stock expected returns. We can calculate the autocorrelation of Young Fast returns to help us make a trade decision. For example, suppose you find that Young Fast 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 |
Young Fast 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 Young Fast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Young Fast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Young Fast stock over time.
Current vs Lagged Prices |
| Timeline |
Young Fast Lagged Returns
When evaluating Young Fast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Young Fast stock have on its future price. Young Fast 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, Young Fast autocorrelation shows the relationship between Young Fast stock current value and its past values and can show if there is a momentum factor associated with investing in Young Fast Optoelectronics.
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 Young Stock Analysis
When running Young Fast's price analysis, check to measure Young Fast'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 Young Fast is operating at the current time. Most of Young Fast's value examination focuses on studying past and present price action to predict the probability of Young Fast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Young Fast's price. Additionally, you may evaluate how the addition of Young Fast to your portfolios can decrease your overall portfolio volatility.