Chien Kuo (Taiwan) Market Value
| 5515 Stock | TWD 29.65 1.40 4.96% |
| Symbol | Chien |
Chien Kuo '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 Chien Kuo'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 Chien Kuo.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Chien Kuo on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Chien Kuo Construction or generate 0.0% return on investment in Chien Kuo over 90 days. Chien Kuo is related to or competes with BES Engineering, Continental Holdings, Kee Tai, Hung Sheng, and Kung Sing. Chien Kuo Construction Co., Ltd. engages in the construction business in Taiwan and China More
Chien Kuo 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 Chien Kuo'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 Chien Kuo Construction upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.1406 | |||
| Maximum Drawdown | 7.34 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 2.71 |
Chien Kuo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chien Kuo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chien Kuo's standard deviation. In reality, there are many statistical measures that can use Chien Kuo historical prices to predict the future Chien Kuo's volatility.| Risk Adjusted Performance | 0.0427 | |||
| Jensen Alpha | 0.0547 | |||
| Total Risk Alpha | 0.2896 | |||
| Sortino Ratio | 0.1564 | |||
| Treynor Ratio | 12.89 |
Chien Kuo Construction Backtested Returns
At this stage we consider Chien Stock to be very steady. Chien Kuo Construction secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Chien Kuo Construction, which you can use to evaluate the volatility of the firm. Please confirm Chien Kuo's Risk Adjusted Performance of 0.0427, mean deviation of 0.9933, and Downside Deviation of 1.26 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Chien Kuo has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0042, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chien Kuo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chien Kuo is expected to be smaller as well. Chien Kuo Construction right now shows a risk of 1.41%. Please confirm Chien Kuo Construction downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Chien Kuo Construction will be following its price patterns.
Auto-correlation | 0.43 |
Average predictability
Chien Kuo Construction has average predictability. Overlapping area represents the amount of predictability between Chien Kuo 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 Chien Kuo Construction price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Chien Kuo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Chien Kuo Construction lagged returns against current returns
Autocorrelation, which is Chien Kuo 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 Chien Kuo's stock expected returns. We can calculate the autocorrelation of Chien Kuo returns to help us make a trade decision. For example, suppose you find that Chien Kuo 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 |
Chien Kuo 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 Chien Kuo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chien Kuo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chien Kuo stock over time.
Current vs Lagged Prices |
| Timeline |
Chien Kuo Lagged Returns
When evaluating Chien Kuo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chien Kuo stock have on its future price. Chien Kuo 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, Chien Kuo autocorrelation shows the relationship between Chien Kuo stock current value and its past values and can show if there is a momentum factor associated with investing in Chien Kuo Construction.
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 Chien Stock Analysis
When running Chien Kuo's price analysis, check to measure Chien Kuo'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 Chien Kuo is operating at the current time. Most of Chien Kuo's value examination focuses on studying past and present price action to predict the probability of Chien Kuo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chien Kuo's price. Additionally, you may evaluate how the addition of Chien Kuo to your portfolios can decrease your overall portfolio volatility.