BenQ Materials (Taiwan) Market Value
| 8215 Stock | TWD 28.20 0.20 0.71% |
| Symbol | BenQ |
BenQ Materials '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 BenQ Materials' 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 BenQ Materials.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in BenQ Materials on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding BenQ Materials Corp or generate 0.0% return on investment in BenQ Materials over 90 days. BenQ Materials is related to or competes with Acbel Polytech, Gigastorage Corp, Darfon Electronics, Walton Advanced, and Pan International. BenQ Materials Corporation manufactures and sells material science products in Taiwan and internationally More
BenQ Materials 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 BenQ Materials' 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 BenQ Materials Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.72 |
BenQ Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BenQ Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BenQ Materials' standard deviation. In reality, there are many statistical measures that can use BenQ Materials historical prices to predict the future BenQ Materials' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (2.66) |
BenQ Materials Corp Backtested Returns
BenQ Materials Corp secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14 % return per unit of risk over the last 3 months. BenQ Materials Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BenQ Materials' Risk Adjusted Performance of (0.15), mean deviation of 0.9469, and Standard Deviation of 1.21 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0825, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BenQ Materials' returns are expected to increase less than the market. However, during the bear market, the loss of holding BenQ Materials is expected to be smaller as well. At this point, BenQ Materials Corp has a negative expected return of -0.15%. Please make sure to confirm BenQ Materials' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if BenQ Materials Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
BenQ Materials Corp has average predictability. Overlapping area represents the amount of predictability between BenQ Materials time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 BenQ Materials Corp price movement. The serial correlation of 0.4 indicates that just about 40.0% of current BenQ Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
BenQ Materials Corp lagged returns against current returns
Autocorrelation, which is BenQ Materials 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 BenQ Materials' stock expected returns. We can calculate the autocorrelation of BenQ Materials returns to help us make a trade decision. For example, suppose you find that BenQ Materials 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 |
BenQ Materials 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 BenQ Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BenQ Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BenQ Materials stock over time.
Current vs Lagged Prices |
| Timeline |
BenQ Materials Lagged Returns
When evaluating BenQ Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BenQ Materials stock have on its future price. BenQ Materials 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, BenQ Materials autocorrelation shows the relationship between BenQ Materials stock current value and its past values and can show if there is a momentum factor associated with investing in BenQ Materials 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 BenQ Stock Analysis
When running BenQ Materials' price analysis, check to measure BenQ Materials' 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 BenQ Materials is operating at the current time. Most of BenQ Materials' value examination focuses on studying past and present price action to predict the probability of BenQ Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BenQ Materials' price. Additionally, you may evaluate how the addition of BenQ Materials to your portfolios can decrease your overall portfolio volatility.