Eurocharm Holdings (Taiwan) Market Value
| 5288 Stock | TWD 184.00 3.00 1.60% |
| Symbol | Eurocharm |
Eurocharm Holdings '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 Eurocharm Holdings' 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 Eurocharm Holdings.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Eurocharm Holdings on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Eurocharm Holdings Co or generate 0.0% return on investment in Eurocharm Holdings over 90 days. Eurocharm Holdings is related to or competes with Sinbon Electronics, Kung Long, Zeng Hsing, Rechi Precision, and Topco Scientific. Eurocharm Holdings Co., Ltd. manufactures and sells automotive components, motorcycle parts, and medical equipment in Ta... More
Eurocharm Holdings 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 Eurocharm Holdings' 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 Eurocharm Holdings Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0343 | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.43 |
Eurocharm Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eurocharm Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eurocharm Holdings' standard deviation. In reality, there are many statistical measures that can use Eurocharm Holdings historical prices to predict the future Eurocharm Holdings' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.1149 | |||
| Treynor Ratio | 1.87 |
Eurocharm Holdings Backtested Returns
Eurocharm Holdings secures Sharpe Ratio (or Efficiency) of -0.0571, which denotes the company had a -0.0571 % return per unit of risk over the last 3 months. Eurocharm Holdings Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eurocharm Holdings' Standard Deviation of 1.4, variance of 1.97, and Mean Deviation of 1.04 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0325, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eurocharm Holdings are expected to decrease at a much lower rate. During the bear market, Eurocharm Holdings is likely to outperform the market. At this point, Eurocharm Holdings has a negative expected return of -0.0765%. Please make sure to confirm Eurocharm Holdings' jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Eurocharm Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Eurocharm Holdings Co has very good reverse predictability. Overlapping area represents the amount of predictability between Eurocharm Holdings time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Eurocharm Holdings price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Eurocharm Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 31.95 |
Eurocharm Holdings lagged returns against current returns
Autocorrelation, which is Eurocharm Holdings 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 Eurocharm Holdings' stock expected returns. We can calculate the autocorrelation of Eurocharm Holdings returns to help us make a trade decision. For example, suppose you find that Eurocharm Holdings 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 |
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Eurocharm Holdings 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 Eurocharm Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eurocharm Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eurocharm Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Eurocharm Holdings Lagged Returns
When evaluating Eurocharm Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eurocharm Holdings stock have on its future price. Eurocharm Holdings 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, Eurocharm Holdings autocorrelation shows the relationship between Eurocharm Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Eurocharm Holdings Co.
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 Eurocharm Stock Analysis
When running Eurocharm Holdings' price analysis, check to measure Eurocharm Holdings' 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 Eurocharm Holdings is operating at the current time. Most of Eurocharm Holdings' value examination focuses on studying past and present price action to predict the probability of Eurocharm Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eurocharm Holdings' price. Additionally, you may evaluate how the addition of Eurocharm Holdings to your portfolios can decrease your overall portfolio volatility.