Roo Hsing (Taiwan) Market Value
| 4414 Stock | TWD 3.79 0.02 0.52% |
| Symbol | Roo |
Roo Hsing '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 Roo Hsing'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 Roo Hsing.
| 02/08/2025 |
| 03/10/2025 |
If you would invest 0.00 in Roo Hsing on February 8, 2025 and sell it all today you would earn a total of 0.00 from holding Roo Hsing Co or generate 0.0% return on investment in Roo Hsing over 30 days. Roo Hsing is related to or competes with Great China, Camellia Metal, Thinking Electronic, Yao Sheng, LandMark Optoelectronics, Lelon Electronics, and C Media. Roo Hsing Co., Ltd manufactures and sells garments in Taiwan More
Roo Hsing 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 Roo Hsing'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 Roo Hsing Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.2109 | |||
| Maximum Drawdown | 11.8 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.11 |
Roo Hsing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roo Hsing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roo Hsing's standard deviation. In reality, there are many statistical measures that can use Roo Hsing historical prices to predict the future Roo Hsing's volatility.| Risk Adjusted Performance | 0.1402 | |||
| Jensen Alpha | 0.2766 | |||
| Total Risk Alpha | 0.4223 | |||
| Sortino Ratio | 0.2741 | |||
| Treynor Ratio | 2.18 |
Roo Hsing Backtested Returns
Roo Hsing appears to be slightly risky, given 3 months investment horizon. Roo Hsing maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Roo Hsing, which you can use to evaluate the volatility of the company. Please evaluate Roo Hsing's Risk Adjusted Performance of 0.1402, coefficient of variation of 585.93, and Semi Deviation of 0.973 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Roo Hsing holds a performance score of 14. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roo Hsing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roo Hsing is expected to be smaller as well. Please check Roo Hsing's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Roo Hsing's historical price patterns will revert.
Auto-correlation | -0.58 |
Good reverse predictability
Roo Hsing Co has good reverse predictability. Overlapping area represents the amount of predictability between Roo Hsing time series from 8th of February 2025 to 23rd of February 2025 and 23rd of February 2025 to 10th 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 Roo Hsing price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Roo Hsing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Roo Hsing lagged returns against current returns
Autocorrelation, which is Roo Hsing 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 Roo Hsing's stock expected returns. We can calculate the autocorrelation of Roo Hsing returns to help us make a trade decision. For example, suppose you find that Roo Hsing 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 |
Roo Hsing 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 Roo Hsing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roo Hsing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roo Hsing stock over time.
Current vs Lagged Prices |
| Timeline |
Roo Hsing Lagged Returns
When evaluating Roo Hsing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roo Hsing stock have on its future price. Roo Hsing 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, Roo Hsing autocorrelation shows the relationship between Roo Hsing stock current value and its past values and can show if there is a momentum factor associated with investing in Roo Hsing 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 Roo Stock Analysis
When running Roo Hsing's price analysis, check to measure Roo Hsing'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 Roo Hsing is operating at the current time. Most of Roo Hsing's value examination focuses on studying past and present price action to predict the probability of Roo Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roo Hsing's price. Additionally, you may evaluate how the addition of Roo Hsing to your portfolios can decrease your overall portfolio volatility.