CviLux Corp's market value is the price at which a share of CviLux Corp trades on a public exchange. It measures the collective expectations of CviLux Corp investors about its performance. CviLux Corp is selling for under 47.90 as of the 9th of January 2025; that is 3.72% down since the beginning of the trading day. The stock's lowest day price was 47.9. With this module, you can estimate the performance of a buy and hold strategy of CviLux Corp and determine expected loss or profit from investing in CviLux Corp over a given investment horizon. Check out CviLux Corp Correlation, CviLux Corp Volatility and CviLux Corp Alpha and Beta module to complement your research on CviLux Corp.
Please note, there is a significant difference between CviLux Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CviLux Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CviLux Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
CviLux Corp '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 CviLux Corp'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 CviLux Corp.
0.00
01/20/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/09/2025
0.00
If you would invest 0.00 in CviLux Corp on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding CviLux Corp or generate 0.0% return on investment in CviLux Corp over 720 days. CviLux Corp is related to or competes with Hota Industrial, Sinbon Electronics, Tong Hsing, and Flexium Interconnect. CviLux Corporation manufactures and sells connectors, flat flexible cables , and wire harnesses in Taiwan and internatio... More
CviLux Corp 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 CviLux Corp'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 CviLux Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for CviLux Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CviLux Corp's standard deviation. In reality, there are many statistical measures that can use CviLux Corp historical prices to predict the future CviLux Corp's volatility.
CviLux Corp secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. CviLux Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CviLux Corp's Standard Deviation of 1.47, risk adjusted performance of (0.12), and Mean Deviation of 1.02 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CviLux Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding CviLux Corp is expected to be smaller as well. At this point, CviLux Corp has a negative expected return of -0.25%. Please make sure to confirm CviLux Corp's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if CviLux Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
0.32
Below average predictability
CviLux Corp has below average predictability. Overlapping area represents the amount of predictability between CviLux Corp time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 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 CviLux Corp price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current CviLux Corp price fluctuation can be explain by its past prices.
Correlation Coefficient
0.32
Spearman Rank Test
0.5
Residual Average
0.0
Price Variance
89.35
CviLux Corp lagged returns against current returns
Autocorrelation, which is CviLux Corp 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 CviLux Corp's stock expected returns. We can calculate the autocorrelation of CviLux Corp returns to help us make a trade decision. For example, suppose you find that CviLux Corp 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
CviLux Corp 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 CviLux Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CviLux Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CviLux Corp stock over time.
Current vs Lagged Prices
Timeline
CviLux Corp Lagged Returns
When evaluating CviLux Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CviLux Corp stock have on its future price. CviLux Corp 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, CviLux Corp autocorrelation shows the relationship between CviLux Corp stock current value and its past values and can show if there is a momentum factor associated with investing in CviLux 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.
When running CviLux Corp's price analysis, check to measure CviLux Corp'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 CviLux Corp is operating at the current time. Most of CviLux Corp's value examination focuses on studying past and present price action to predict the probability of CviLux Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CviLux Corp's price. Additionally, you may evaluate how the addition of CviLux Corp to your portfolios can decrease your overall portfolio volatility.