Unizyx Holding (Taiwan) Market Value
| 3704 Stock | TWD 36.05 0.95 2.57% |
| Symbol | Unizyx |
Unizyx Holding '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 Unizyx Holding'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 Unizyx Holding.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Unizyx Holding on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Unizyx Holding Corp or generate 0.0% return on investment in Unizyx Holding over 90 days. Unizyx Holding is related to or competes with Arcadyan Technology, Gemtek Technology, D Link, Wistron NeWeb, and Alpha Networks. Unizyx Holding Corporation, together with its subsidiaries, provides networking solutions for telecom operators, corpora... More
Unizyx Holding 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 Unizyx Holding'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 Unizyx Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0272 | |||
| Maximum Drawdown | 12.56 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 3.84 |
Unizyx Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unizyx Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unizyx Holding's standard deviation. In reality, there are many statistical measures that can use Unizyx Holding historical prices to predict the future Unizyx Holding's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.3068 | |||
| Treynor Ratio | (0.32) |
Unizyx Holding Corp Backtested Returns
Unizyx Holding Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0406, which indicates the firm had a -0.0406 % return per unit of risk over the last 3 months. Unizyx Holding Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unizyx Holding's Risk Adjusted Performance of (0.01), variance of 5.83, and Coefficient Of Variation of (4,731) to confirm the risk estimate we provide. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Unizyx Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Unizyx Holding is expected to be smaller as well. At this point, Unizyx Holding Corp has a negative expected return of -0.0904%. Please make sure to validate Unizyx Holding's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Unizyx Holding Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Unizyx Holding Corp has very weak predictability. Overlapping area represents the amount of predictability between Unizyx Holding time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Unizyx Holding Corp price movement. The serial correlation of 0.19 indicates that over 19.0% of current Unizyx Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 2.34 |
Unizyx Holding Corp lagged returns against current returns
Autocorrelation, which is Unizyx Holding 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 Unizyx Holding's stock expected returns. We can calculate the autocorrelation of Unizyx Holding returns to help us make a trade decision. For example, suppose you find that Unizyx Holding 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 |
Unizyx Holding 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 Unizyx Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unizyx Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unizyx Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Unizyx Holding Lagged Returns
When evaluating Unizyx Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unizyx Holding stock have on its future price. Unizyx Holding 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, Unizyx Holding autocorrelation shows the relationship between Unizyx Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Unizyx Holding Corp.
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 Unizyx Stock Analysis
When running Unizyx Holding's price analysis, check to measure Unizyx Holding'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 Unizyx Holding is operating at the current time. Most of Unizyx Holding's value examination focuses on studying past and present price action to predict the probability of Unizyx Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unizyx Holding's price. Additionally, you may evaluate how the addition of Unizyx Holding to your portfolios can decrease your overall portfolio volatility.