Topco Scientific's market value is the price at which a share of Topco Scientific trades on a public exchange. It measures the collective expectations of Topco Scientific Co investors about its performance. Topco Scientific is selling for under 283.00 as of the 28th of March 2025; that is 0.18 percent decrease since the beginning of the trading day. The stock's lowest day price was 278.5.
With this module, you can estimate the performance of a buy and hold strategy of Topco Scientific Co and determine expected loss or profit from investing in Topco Scientific over a given investment horizon. Check out Topco Scientific Correlation, Topco Scientific Volatility and Topco Scientific Alpha and Beta module to complement your research on Topco Scientific.
Please note, there is a significant difference between Topco Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Topco Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Topco Scientific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Topco Scientific '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 Topco Scientific'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 Topco Scientific.
0.00
12/28/2024
No Change 0.00
0.0
In 2 months and 31 days
03/28/2025
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If you would invest 0.00 in Topco Scientific on December 28, 2024 and sell it all today you would earn a total of 0.00 from holding Topco Scientific Co or generate 0.0% return on investment in Topco Scientific over 90 days. Topco Scientific is related to or competes with Yieh United, Thinking Electronic, Evergreen Steel, Tung Ho, Forest Water, ECOVE Environment, and Tsang Yow. ,Ltd. provides materials and equipment for advanced semiconductor processes and optoelectronic industry More
Topco Scientific 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 Topco Scientific'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 Topco Scientific Co upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Topco Scientific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Topco Scientific's standard deviation. In reality, there are many statistical measures that can use Topco Scientific historical prices to predict the future Topco Scientific's volatility.
Topco Scientific owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0222, which indicates the firm had a -0.0222 % return per unit of risk over the last 3 months. Topco Scientific Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Topco Scientific's Risk Adjusted Performance of (0.06), variance of 1.34, and Coefficient Of Variation of (1,414) to confirm the risk estimate we provide. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Topco Scientific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Topco Scientific is expected to be smaller as well. At this point, Topco Scientific has a negative expected return of -0.0274%. Please make sure to validate Topco Scientific's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Topco Scientific performance from the past will be repeated at some point in the near future.
Auto-correlation
0.06
Virtually no predictability
Topco Scientific Co has virtually no predictability. Overlapping area represents the amount of predictability between Topco Scientific time series from 28th of December 2024 to 11th of February 2025 and 11th of February 2025 to 28th 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 Topco Scientific price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Topco Scientific price fluctuation can be explain by its past prices.
Correlation Coefficient
0.06
Spearman Rank Test
-0.26
Residual Average
0.0
Price Variance
38.32
Topco Scientific lagged returns against current returns
Autocorrelation, which is Topco Scientific 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 Topco Scientific's stock expected returns. We can calculate the autocorrelation of Topco Scientific returns to help us make a trade decision. For example, suppose you find that Topco Scientific 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
Topco Scientific 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 Topco Scientific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Topco Scientific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Topco Scientific stock over time.
Current vs Lagged Prices
Timeline
Topco Scientific Lagged Returns
When evaluating Topco Scientific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Topco Scientific stock have on its future price. Topco Scientific 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, Topco Scientific autocorrelation shows the relationship between Topco Scientific stock current value and its past values and can show if there is a momentum factor associated with investing in Topco Scientific Co.
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.
When running Topco Scientific's price analysis, check to measure Topco Scientific'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 Topco Scientific is operating at the current time. Most of Topco Scientific's value examination focuses on studying past and present price action to predict the probability of Topco Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topco Scientific's price. Additionally, you may evaluate how the addition of Topco Scientific to your portfolios can decrease your overall portfolio volatility.