Capital Futures (Taiwan) Market Value
| 6024 Stock | TWD 57.60 0.60 1.03% |
| Symbol | Capital |
Capital Futures '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 Capital Futures' 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 Capital Futures.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Capital Futures on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Capital Futures Corp or generate 0.0% return on investment in Capital Futures over 30 days. Capital Futures is related to or competes with IBF Financial, Capital Securities, President Securities, China Bills, Yuanta Futures, Concord Securities, and Tachan Securities. Capital Futures Corporation provides futures brokerage services in Taiwan More
Capital Futures 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 Capital Futures' 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 Capital Futures Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | 0.0109 | |||
| Maximum Drawdown | 5.85 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.69 |
Capital Futures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capital Futures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capital Futures' standard deviation. In reality, there are many statistical measures that can use Capital Futures historical prices to predict the future Capital Futures' volatility.| Risk Adjusted Performance | 0.0757 | |||
| Jensen Alpha | 0.069 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0087 | |||
| Treynor Ratio | 0.3886 |
Capital Futures Corp Backtested Returns
At this stage we consider Capital Stock to be very steady. Capital Futures Corp secures Sharpe Ratio (or Efficiency) of 0.0629, which signifies that the company had a 0.0629% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Capital Futures Corp, which you can use to evaluate the volatility of the firm. Please confirm Capital Futures' Downside Deviation of 1.19, mean deviation of 0.6549, and Risk Adjusted Performance of 0.0757 to double-check if the risk estimate we provide is consistent with the expected return of 0.059%. Capital Futures has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Capital Futures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Capital Futures is expected to be smaller as well. Capital Futures Corp right now shows a risk of 0.94%. Please confirm Capital Futures Corp coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Capital Futures Corp will be following its price patterns.
Auto-correlation | -0.42 |
Modest reverse predictability
Capital Futures Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Capital Futures time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Capital Futures Corp price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Capital Futures price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Capital Futures Corp lagged returns against current returns
Autocorrelation, which is Capital Futures 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 Capital Futures' stock expected returns. We can calculate the autocorrelation of Capital Futures returns to help us make a trade decision. For example, suppose you find that Capital Futures 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 |
Capital Futures 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 Capital Futures stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capital Futures stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capital Futures stock over time.
Current vs Lagged Prices |
| Timeline |
Capital Futures Lagged Returns
When evaluating Capital Futures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capital Futures stock have on its future price. Capital Futures 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, Capital Futures autocorrelation shows the relationship between Capital Futures stock current value and its past values and can show if there is a momentum factor associated with investing in Capital Futures Corp.
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.Additional Tools for Capital Stock Analysis
When running Capital Futures' price analysis, check to measure Capital Futures' 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 Capital Futures is operating at the current time. Most of Capital Futures' value examination focuses on studying past and present price action to predict the probability of Capital Futures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capital Futures' price. Additionally, you may evaluate how the addition of Capital Futures to your portfolios can decrease your overall portfolio volatility.