Tait Marketing (Taiwan) Market Value
| 5902 Stock | TWD 43.25 1.10 2.61% |
| Symbol | Tait |
Tait Marketing '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 Tait Marketing'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 Tait Marketing.
| 02/03/2025 |
| 03/05/2025 |
If you would invest 0.00 in Tait Marketing on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Tait Marketing Distribution or generate 0.0% return on investment in Tait Marketing over 30 days. Tait Marketing is related to or competes with Hotel Holiday, Cowealth Medical, First Hotel, Champion Building, Landis Taipei, Xxentria Technology, and BenQ Medical. More
Tait Marketing 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 Tait Marketing'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 Tait Marketing Distribution upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6062 | |||
| Information Ratio | 0.2968 | |||
| Maximum Drawdown | 3.87 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.36 |
Tait Marketing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tait Marketing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tait Marketing's standard deviation. In reality, there are many statistical measures that can use Tait Marketing historical prices to predict the future Tait Marketing's volatility.| Risk Adjusted Performance | 0.1476 | |||
| Jensen Alpha | 0.1258 | |||
| Total Risk Alpha | 0.2201 | |||
| Sortino Ratio | 0.3667 | |||
| Treynor Ratio | (1.42) |
Tait Marketing Distr Backtested Returns
At this stage we consider Tait Stock to be very steady. Tait Marketing Distr owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tait Marketing Distribution, which you can use to evaluate the volatility of the company. Please validate Tait Marketing's Semi Deviation of 0.2879, coefficient of variation of 519.72, and Risk Adjusted Performance of 0.1476 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Tait Marketing has a performance score of 15 on a scale of 0 to 100. The entity has a beta of -0.0942, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tait Marketing are expected to decrease at a much lower rate. During the bear market, Tait Marketing is likely to outperform the market. Tait Marketing Distr right now has a risk of 0.81%. Please validate Tait Marketing downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Tait Marketing will be following its existing price patterns.
Auto-correlation | 0.60 |
Good predictability
Tait Marketing Distribution has good predictability. Overlapping area represents the amount of predictability between Tait Marketing time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 Tait Marketing Distr price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Tait Marketing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Tait Marketing Distr lagged returns against current returns
Autocorrelation, which is Tait Marketing 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 Tait Marketing's stock expected returns. We can calculate the autocorrelation of Tait Marketing returns to help us make a trade decision. For example, suppose you find that Tait Marketing 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 |
Tait Marketing 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 Tait Marketing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tait Marketing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tait Marketing stock over time.
Current vs Lagged Prices |
| Timeline |
Tait Marketing Lagged Returns
When evaluating Tait Marketing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tait Marketing stock have on its future price. Tait Marketing 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, Tait Marketing autocorrelation shows the relationship between Tait Marketing stock current value and its past values and can show if there is a momentum factor associated with investing in Tait Marketing Distribution.
Regressed Prices |
| Timeline |
Pair Trading with Tait Marketing
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 Tait Marketing 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 Tait Marketing will appreciate offsetting losses from the drop in the long position's value.Moving together with Tait Stock
The ability to find closely correlated positions to Tait Marketing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tait Marketing 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 Tait Marketing - 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 Tait Marketing Distribution to buy it.
The correlation of Tait Marketing 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 Tait Marketing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tait Marketing Distr 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 Tait Marketing 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 Tait Stock Analysis
When running Tait Marketing's price analysis, check to measure Tait Marketing'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 Tait Marketing is operating at the current time. Most of Tait Marketing's value examination focuses on studying past and present price action to predict the probability of Tait Marketing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tait Marketing's price. Additionally, you may evaluate how the addition of Tait Marketing to your portfolios can decrease your overall portfolio volatility.