Qualipoly Chemical (Taiwan) Market Value
| 4722 Stock | TWD 62.30 1.00 1.58% |
| Symbol | Qualipoly |
Qualipoly Chemical '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 Qualipoly Chemical'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 Qualipoly Chemical.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Qualipoly Chemical on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Qualipoly Chemical Corp or generate 0.0% return on investment in Qualipoly Chemical over 30 days. Qualipoly Chemical is related to or competes with Generalplus Technology, Formosan Union, Taiwan Fu, PCL Technologies, and San Fu. Qualipoly Chemical Corporationration supplies resins under the Qualipoly and QualiCure brand names. More
Qualipoly Chemical 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 Qualipoly Chemical'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 Qualipoly Chemical Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.2338 | |||
| Maximum Drawdown | 16.51 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 5.65 |
Qualipoly Chemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qualipoly Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qualipoly Chemical's standard deviation. In reality, there are many statistical measures that can use Qualipoly Chemical historical prices to predict the future Qualipoly Chemical's volatility.| Risk Adjusted Performance | 0.1753 | |||
| Jensen Alpha | 0.5367 | |||
| Total Risk Alpha | 0.6338 | |||
| Sortino Ratio | 0.2832 | |||
| Treynor Ratio | (0.65) |
Qualipoly Chemical Corp Backtested Returns
Qualipoly Chemical appears to be very steady, given 3 months investment horizon. Qualipoly Chemical Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the firm had a 0.24 % return per unit of risk over the last 3 months. By analyzing Qualipoly Chemical's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please evaluate Qualipoly Chemical's Risk Adjusted Performance of 0.1753, coefficient of variation of 437.6, and Semi Deviation of 1.25 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Qualipoly Chemical holds a performance score of 18. The company holds a Beta of -0.86, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Qualipoly Chemical are expected to decrease slowly. On the other hand, during market turmoil, Qualipoly Chemical is expected to outperform it slightly. Please check Qualipoly Chemical's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Qualipoly Chemical's historical price patterns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Qualipoly Chemical Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Qualipoly Chemical time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Qualipoly Chemical Corp price movement. The serial correlation of -0.19 indicates that over 19.0% of current Qualipoly Chemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 4.51 |
Qualipoly Chemical Corp lagged returns against current returns
Autocorrelation, which is Qualipoly Chemical 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 Qualipoly Chemical's stock expected returns. We can calculate the autocorrelation of Qualipoly Chemical returns to help us make a trade decision. For example, suppose you find that Qualipoly Chemical 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 |
Qualipoly Chemical 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 Qualipoly Chemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qualipoly Chemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qualipoly Chemical stock over time.
Current vs Lagged Prices |
| Timeline |
Qualipoly Chemical Lagged Returns
When evaluating Qualipoly Chemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qualipoly Chemical stock have on its future price. Qualipoly Chemical 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, Qualipoly Chemical autocorrelation shows the relationship between Qualipoly Chemical stock current value and its past values and can show if there is a momentum factor associated with investing in Qualipoly Chemical 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 Qualipoly Stock Analysis
When running Qualipoly Chemical's price analysis, check to measure Qualipoly Chemical'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 Qualipoly Chemical is operating at the current time. Most of Qualipoly Chemical's value examination focuses on studying past and present price action to predict the probability of Qualipoly Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualipoly Chemical's price. Additionally, you may evaluate how the addition of Qualipoly Chemical to your portfolios can decrease your overall portfolio volatility.