Eastech Holding (Taiwan) Market Value
| 5225 Stock | TWD 138.00 1.50 1.08% |
| Symbol | Eastech |
Eastech Holding '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 Eastech Holding'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 Eastech Holding.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Eastech Holding on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Eastech Holding Limited or generate 0.0% return on investment in Eastech Holding over 90 days. Eastech Holding is related to or competes with Zhen Ding, Unic Technology, and Xinhua Winshare. Eastech Holding Limited, together with its subsidiaries, manufactures and sells speaker systems and earphones in Cayman ... More
Eastech Holding 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 Eastech Holding'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 Eastech Holding Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.1144 | |||
| Maximum Drawdown | 7.93 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 2.88 |
Eastech Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastech Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eastech Holding's standard deviation. In reality, there are many statistical measures that can use Eastech Holding historical prices to predict the future Eastech Holding's volatility.| Risk Adjusted Performance | 0.0417 | |||
| Jensen Alpha | 0.1024 | |||
| Total Risk Alpha | 0.3397 | |||
| Sortino Ratio | 0.103 | |||
| Treynor Ratio | 0.2365 |
Eastech Holding Backtested Returns
At this stage we consider Eastech Stock to be very steady. Eastech Holding secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eastech Holding Limited, which you can use to evaluate the volatility of the firm. Please confirm Eastech Holding's Coefficient Of Variation of 2282.82, downside deviation of 1.92, and Mean Deviation of 1.31 to check if the risk estimate we provide is consistent with the expected return of 0.16%. Eastech Holding has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Eastech Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eastech Holding is expected to be smaller as well. Eastech Holding right now shows a risk of 1.59%. Please confirm Eastech Holding total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Eastech Holding will be following its price patterns.
Auto-correlation | -0.54 |
Good reverse predictability
Eastech Holding Limited has good reverse predictability. Overlapping area represents the amount of predictability between Eastech Holding time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Eastech Holding price movement. The serial correlation of -0.54 indicates that about 54.0% of current Eastech Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 16.44 |
Eastech Holding lagged returns against current returns
Autocorrelation, which is Eastech Holding 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 Eastech Holding's stock expected returns. We can calculate the autocorrelation of Eastech Holding returns to help us make a trade decision. For example, suppose you find that Eastech Holding 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 |
Eastech Holding 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 Eastech Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eastech Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eastech Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Eastech Holding Lagged Returns
When evaluating Eastech Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eastech Holding stock have on its future price. Eastech Holding 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, Eastech Holding autocorrelation shows the relationship between Eastech Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Eastech Holding Limited.
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 Eastech Stock Analysis
When running Eastech Holding's price analysis, check to measure Eastech Holding'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 Eastech Holding is operating at the current time. Most of Eastech Holding's value examination focuses on studying past and present price action to predict the probability of Eastech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastech Holding's price. Additionally, you may evaluate how the addition of Eastech Holding to your portfolios can decrease your overall portfolio volatility.