Nan Pao (Taiwan) Market Value
| 4766 Stock | 325.50 2.50 0.76% |
| Symbol | Nan |
Nan Pao '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 Nan Pao'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 Nan Pao.
| 09/05/2024 |
| 03/04/2025 |
If you would invest 0.00 in Nan Pao on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding Nan Pao Resins or generate 0.0% return on investment in Nan Pao over 180 days. Nan Pao is related to or competes with Feature Integration, Tai Tung, Voltronic Power, Arbor Technology, Sitronix Technology, CVC Technologies, and STL Technology. More
Nan Pao 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 Nan Pao'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 Nan Pao Resins upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.0637 | |||
| Maximum Drawdown | 8.09 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.93 |
Nan Pao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nan Pao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nan Pao's standard deviation. In reality, there are many statistical measures that can use Nan Pao historical prices to predict the future Nan Pao's volatility.| Risk Adjusted Performance | 0.028 | |||
| Jensen Alpha | 0.0495 | |||
| Total Risk Alpha | 0.1604 | |||
| Sortino Ratio | 0.0672 | |||
| Treynor Ratio | 0.1748 |
Nan Pao Resins Backtested Returns
Nan Pao Resins has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Nan Pao exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nan Pao's Mean Deviation of 1.2, downside deviation of 1.45, and Risk Adjusted Performance of 0.028 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nan Pao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nan Pao is expected to be smaller as well. At this point, Nan Pao Resins has a negative expected return of -0.008%. Please make sure to verify Nan Pao's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Nan Pao Resins performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Nan Pao Resins has poor reverse predictability. Overlapping area represents the amount of predictability between Nan Pao time series from 5th of September 2024 to 4th of December 2024 and 4th of December 2024 to 4th 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 Nan Pao Resins price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Nan Pao price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 143.5 |
Nan Pao Resins lagged returns against current returns
Autocorrelation, which is Nan Pao 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 Nan Pao's stock expected returns. We can calculate the autocorrelation of Nan Pao returns to help us make a trade decision. For example, suppose you find that Nan Pao 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 |
Nan Pao 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 Nan Pao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nan Pao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nan Pao stock over time.
Current vs Lagged Prices |
| Timeline |
Nan Pao Lagged Returns
When evaluating Nan Pao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nan Pao stock have on its future price. Nan Pao 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, Nan Pao autocorrelation shows the relationship between Nan Pao stock current value and its past values and can show if there is a momentum factor associated with investing in Nan Pao Resins.
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 Nan Stock Analysis
When running Nan Pao's price analysis, check to measure Nan Pao'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 Nan Pao is operating at the current time. Most of Nan Pao's value examination focuses on studying past and present price action to predict the probability of Nan Pao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nan Pao's price. Additionally, you may evaluate how the addition of Nan Pao to your portfolios can decrease your overall portfolio volatility.