Generalplus Technology (Taiwan) Market Value
| 4952 Stock | TWD 51.40 0.40 0.78% |
| Symbol | Generalplus |
Generalplus Technology '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 Generalplus Technology'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 Generalplus Technology.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Generalplus Technology on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Generalplus Technology or generate 0.0% return on investment in Generalplus Technology over 90 days. Generalplus Technology is related to or competes with Holtek Semiconductor, Nuvoton Technology, Sonix Technology, Global Unichip, and Sitronix Technology. Generalplus Technology Inc. researches, develops, tests, and sells integrated circuits worldwide More
Generalplus Technology 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 Generalplus Technology'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 Generalplus Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0608 | |||
| Maximum Drawdown | 12.0 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 3.55 |
Generalplus Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Generalplus Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Generalplus Technology's standard deviation. In reality, there are many statistical measures that can use Generalplus Technology historical prices to predict the future Generalplus Technology's volatility.| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | 0.0128 | |||
| Total Risk Alpha | 0.2372 | |||
| Sortino Ratio | 0.0589 | |||
| Treynor Ratio | (0.16) |
Generalplus Technology Backtested Returns
Generalplus Technology holds Efficiency (Sharpe) Ratio of -0.0846, which attests that the entity had a -0.0846 % return per unit of risk over the last 3 months. Generalplus Technology exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Generalplus Technology's Risk Adjusted Performance of 0.0234, market risk adjusted performance of (0.15), and Downside Deviation of 2.06 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Generalplus Technology are expected to decrease at a much lower rate. During the bear market, Generalplus Technology is likely to outperform the market. At this point, Generalplus Technology has a negative expected return of -0.14%. Please make sure to check out Generalplus Technology's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Generalplus Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Generalplus Technology has below average predictability. Overlapping area represents the amount of predictability between Generalplus Technology time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Generalplus Technology price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Generalplus Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 1.79 |
Generalplus Technology lagged returns against current returns
Autocorrelation, which is Generalplus Technology 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 Generalplus Technology's stock expected returns. We can calculate the autocorrelation of Generalplus Technology returns to help us make a trade decision. For example, suppose you find that Generalplus Technology 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 |
Generalplus Technology 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 Generalplus Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Generalplus Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Generalplus Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Generalplus Technology Lagged Returns
When evaluating Generalplus Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Generalplus Technology stock have on its future price. Generalplus Technology 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, Generalplus Technology autocorrelation shows the relationship between Generalplus Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Generalplus Technology.
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 Generalplus Stock Analysis
When running Generalplus Technology's price analysis, check to measure Generalplus Technology'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 Generalplus Technology is operating at the current time. Most of Generalplus Technology's value examination focuses on studying past and present price action to predict the probability of Generalplus Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generalplus Technology's price. Additionally, you may evaluate how the addition of Generalplus Technology to your portfolios can decrease your overall portfolio volatility.