Darwin Precisions (Taiwan) Market Value
| 6120 Stock | TWD 13.65 0.15 1.09% |
| Symbol | Darwin |
Darwin Precisions '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 Darwin Precisions' 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 Darwin Precisions.
| 12/03/2024 |
| 03/03/2025 |
If you would invest 0.00 in Darwin Precisions on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding Darwin Precisions Corp or generate 0.0% return on investment in Darwin Precisions over 90 days. Darwin Precisions is related to or competes with United Renewable, Gigastorage Corp, Ability Enterprise, Amtran Technology, and Zinwell. Darwin Precisions Corporation manufactures and sells backlight module technology in Taiwan More
Darwin Precisions 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 Darwin Precisions' 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 Darwin Precisions Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | 0.0608 | |||
| Maximum Drawdown | 10.4 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 3.64 |
Darwin Precisions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Darwin Precisions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Darwin Precisions' standard deviation. In reality, there are many statistical measures that can use Darwin Precisions historical prices to predict the future Darwin Precisions' volatility.| Risk Adjusted Performance | 0.0346 | |||
| Jensen Alpha | 0.0571 | |||
| Total Risk Alpha | 0.2476 | |||
| Sortino Ratio | 0.0676 | |||
| Treynor Ratio | (0.30) |
Darwin Precisions Corp Backtested Returns
At this stage we consider Darwin Stock to be not too volatile. Darwin Precisions Corp secures Sharpe Ratio (or Efficiency) of 0.0375, which denotes the company had a 0.0375 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Darwin Precisions Corp, which you can use to evaluate the volatility of the firm. Please confirm Darwin Precisions' Coefficient Of Variation of 2663.68, downside deviation of 1.96, and Mean Deviation of 1.49 to check if the risk estimate we provide is consistent with the expected return of 0.0816%. Darwin Precisions has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Darwin Precisions are expected to decrease at a much lower rate. During the bear market, Darwin Precisions is likely to outperform the market. Darwin Precisions Corp right now shows a risk of 2.17%. Please confirm Darwin Precisions Corp total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Darwin Precisions Corp will be following its price patterns.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Darwin Precisions Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Darwin Precisions time series from 3rd of December 2024 to 17th of January 2025 and 17th of January 2025 to 3rd 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 Darwin Precisions Corp price movement. The serial correlation of -0.77 indicates that around 77.0% of current Darwin Precisions price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Darwin Precisions Corp lagged returns against current returns
Autocorrelation, which is Darwin Precisions 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 Darwin Precisions' stock expected returns. We can calculate the autocorrelation of Darwin Precisions returns to help us make a trade decision. For example, suppose you find that Darwin Precisions 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 |
Darwin Precisions 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 Darwin Precisions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Darwin Precisions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Darwin Precisions stock over time.
Current vs Lagged Prices |
| Timeline |
Darwin Precisions Lagged Returns
When evaluating Darwin Precisions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Darwin Precisions stock have on its future price. Darwin Precisions 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, Darwin Precisions autocorrelation shows the relationship between Darwin Precisions stock current value and its past values and can show if there is a momentum factor associated with investing in Darwin Precisions Corp.
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 Darwin Stock Analysis
When running Darwin Precisions' price analysis, check to measure Darwin Precisions' 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 Darwin Precisions is operating at the current time. Most of Darwin Precisions' value examination focuses on studying past and present price action to predict the probability of Darwin Precisions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Darwin Precisions' price. Additionally, you may evaluate how the addition of Darwin Precisions to your portfolios can decrease your overall portfolio volatility.