Mosa Industrial (Taiwan) Market Value
| 4564 Stock | TWD 21.35 0.10 0.47% |
| Symbol | Mosa |
Mosa Industrial '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 Mosa Industrial'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 Mosa Industrial.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Mosa Industrial on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Mosa Industrial Corp or generate 0.0% return on investment in Mosa Industrial over 720 days. Mosa Industrial is related to or competes with Hota Industrial, BizLink Holding, Cub Elecparts, Hu Lane, and WIN Semiconductors. Mosa Industrial Corporation manufactures and sells industrial and consumer products in Taiwan and internationally More
Mosa Industrial 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 Mosa Industrial'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 Mosa Industrial Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.61 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.06 |
Mosa Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mosa Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mosa Industrial's standard deviation. In reality, there are many statistical measures that can use Mosa Industrial historical prices to predict the future Mosa Industrial's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 4.87 |
Mosa Industrial Corp Backtested Returns
Mosa Industrial Corp has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Mosa Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mosa Industrial's Mean Deviation of 1.06, risk adjusted performance of (0.11), and Standard Deviation of 1.37 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0423, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mosa Industrial are expected to decrease at a much lower rate. During the bear market, Mosa Industrial is likely to outperform the market. At this point, Mosa Industrial Corp has a negative expected return of -0.22%. Please make sure to verify Mosa Industrial's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Mosa Industrial Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Mosa Industrial Corp has weak predictability. Overlapping area represents the amount of predictability between Mosa Industrial time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Mosa Industrial Corp price movement. The serial correlation of 0.22 indicates that over 22.0% of current Mosa Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 1.72 |
Mosa Industrial Corp lagged returns against current returns
Autocorrelation, which is Mosa Industrial 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 Mosa Industrial's stock expected returns. We can calculate the autocorrelation of Mosa Industrial returns to help us make a trade decision. For example, suppose you find that Mosa Industrial 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 |
Mosa Industrial 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 Mosa Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mosa Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mosa Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Mosa Industrial Lagged Returns
When evaluating Mosa Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mosa Industrial stock have on its future price. Mosa Industrial 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, Mosa Industrial autocorrelation shows the relationship between Mosa Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Mosa Industrial 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 Mosa Stock Analysis
When running Mosa Industrial's price analysis, check to measure Mosa Industrial'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 Mosa Industrial is operating at the current time. Most of Mosa Industrial's value examination focuses on studying past and present price action to predict the probability of Mosa Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mosa Industrial's price. Additionally, you may evaluate how the addition of Mosa Industrial to your portfolios can decrease your overall portfolio volatility.