Insyde Software (Taiwan) Market Value
| 6231 Stock | TWD 364.00 28.50 7.26% |
| Symbol | Insyde |
Insyde Software '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 Insyde Software'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 Insyde Software.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Insyde Software on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Insyde Software or generate 0.0% return on investment in Insyde Software over 30 days. Insyde Software is related to or competes with Tainet Communication, Solar Applied, Cheng Mei, Eternal Materials, Kenda Rubber, and Taiwan Mobile. Insyde Software Corp. provides system firmware and software engineering services for companies in the mobile, desktop, s... More
Insyde Software 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 Insyde Software'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 Insyde Software upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.96 | |||
| Value At Risk | (5.42) | |||
| Potential Upside | 6.17 |
Insyde Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Insyde Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Insyde Software's standard deviation. In reality, there are many statistical measures that can use Insyde Software historical prices to predict the future Insyde Software's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.46) |
Insyde Software Backtested Returns
Insyde Software holds Efficiency (Sharpe) Ratio of -0.0922, which attests that the entity had a -0.0922 % return per unit of risk over the last 3 months. Insyde Software exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Insyde Software's Standard Deviation of 3.22, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.45) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.91, which attests to possible diversification benefits within a given portfolio. Insyde Software returns are very sensitive to returns on the market. As the market goes up or down, Insyde Software is expected to follow. At this point, Insyde Software has a negative expected return of -0.31%. Please make sure to check out Insyde Software's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Insyde Software performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Insyde Software has insignificant reverse predictability. Overlapping area represents the amount of predictability between Insyde Software time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Insyde Software price movement. The serial correlation of -0.17 indicates that over 17.0% of current Insyde Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 262.41 |
Insyde Software lagged returns against current returns
Autocorrelation, which is Insyde Software 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 Insyde Software's stock expected returns. We can calculate the autocorrelation of Insyde Software returns to help us make a trade decision. For example, suppose you find that Insyde Software 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 |
Insyde Software 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 Insyde Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Insyde Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Insyde Software stock over time.
Current vs Lagged Prices |
| Timeline |
Insyde Software Lagged Returns
When evaluating Insyde Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Insyde Software stock have on its future price. Insyde Software 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, Insyde Software autocorrelation shows the relationship between Insyde Software stock current value and its past values and can show if there is a momentum factor associated with investing in Insyde Software.
Regressed Prices |
| Timeline |
Pair Trading with Insyde Software
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 Insyde Software 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 Insyde Software will appreciate offsetting losses from the drop in the long position's value.Moving together with Insyde Stock
Moving against Insyde Stock
| 0.71 | 2891C | CTBC Financial Holding Earnings Call This Week | PairCorr |
| 0.68 | 4991 | GCS Holdings | PairCorr |
| 0.68 | 6590 | Provision Information | PairCorr |
| 0.63 | 2881A | Fubon Financial Holding | PairCorr |
| 0.61 | 2882B | Cathay Financial Holding Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Insyde Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insyde Software 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 Insyde Software - 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 Insyde Software to buy it.
The correlation of Insyde Software 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 Insyde Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insyde Software 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 Insyde Software 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 Insyde Stock Analysis
When running Insyde Software's price analysis, check to measure Insyde Software'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 Insyde Software is operating at the current time. Most of Insyde Software's value examination focuses on studying past and present price action to predict the probability of Insyde Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insyde Software's price. Additionally, you may evaluate how the addition of Insyde Software to your portfolios can decrease your overall portfolio volatility.