Yuan High (Taiwan) Market Value
| 5474 Stock | TWD 187.00 5.50 3.03% |
| Symbol | Yuan |
Yuan High '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 Yuan High'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 Yuan High.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Yuan High on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Yuan High Tech Development or generate 0.0% return on investment in Yuan High over 90 days. Yuan High is related to or competes with An Shin, EnTie Commercial, Shin Kong, Chailease Holding, Fortune Information, Taichung Commercial, and Quanta Storage. Yuan High-Tech Development Co., Ltd. provides videoaudio products worldwide More
Yuan High 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 Yuan High'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 Yuan High Tech Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | 0.1438 | |||
| Maximum Drawdown | 19.91 | |||
| Value At Risk | (7.00) | |||
| Potential Upside | 9.83 |
Yuan High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuan High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yuan High's standard deviation. In reality, there are many statistical measures that can use Yuan High historical prices to predict the future Yuan High's volatility.| Risk Adjusted Performance | 0.1135 | |||
| Jensen Alpha | 0.5454 | |||
| Total Risk Alpha | 1.07 | |||
| Sortino Ratio | 0.1518 | |||
| Treynor Ratio | 2.23 |
Yuan High Tech Backtested Returns
Yuan High appears to be very steady, given 3 months investment horizon. Yuan High Tech shows Sharpe Ratio of 0.12, which attests that the company had a 0.12 % return per unit of risk over the last 3 months. By examining Yuan High's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Yuan High's Market Risk Adjusted Performance of 2.24, mean deviation of 3.36, and Downside Deviation of 4.14 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yuan High holds a performance score of 9. The firm maintains a market beta of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yuan High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuan High is expected to be smaller as well. Please check Yuan High's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Yuan High's historical returns will revert.
Auto-correlation | 0.50 |
Modest predictability
Yuan High Tech Development has modest predictability. Overlapping area represents the amount of predictability between Yuan High time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Yuan High Tech price movement. The serial correlation of 0.5 indicates that about 50.0% of current Yuan High price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 125.4 |
Yuan High Tech lagged returns against current returns
Autocorrelation, which is Yuan High 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 Yuan High's stock expected returns. We can calculate the autocorrelation of Yuan High returns to help us make a trade decision. For example, suppose you find that Yuan High 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 |
Yuan High 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 Yuan High stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yuan High stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yuan High stock over time.
Current vs Lagged Prices |
| Timeline |
Yuan High Lagged Returns
When evaluating Yuan High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yuan High stock have on its future price. Yuan High 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, Yuan High autocorrelation shows the relationship between Yuan High stock current value and its past values and can show if there is a momentum factor associated with investing in Yuan High Tech Development.
Regressed Prices |
| Timeline |
Pair Trading with Yuan High
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Yuan High position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Yuan High will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Yuan High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yuan High when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Yuan High - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Yuan High Tech Development to buy it.
The correlation of Yuan High is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Yuan High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yuan High Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Yuan High can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Yuan Stock Analysis
When running Yuan High's price analysis, check to measure Yuan High'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 Yuan High is operating at the current time. Most of Yuan High's value examination focuses on studying past and present price action to predict the probability of Yuan High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yuan High's price. Additionally, you may evaluate how the addition of Yuan High to your portfolios can decrease your overall portfolio volatility.