Fulgent Sun (Taiwan) Market Value
| 9802 Stock | TWD 135.00 1.00 0.74% |
| Symbol | Fulgent |
Fulgent Sun '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 Fulgent Sun'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 Fulgent Sun.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Fulgent Sun on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Fulgent Sun International or generate 0.0% return on investment in Fulgent Sun over 90 days. Fulgent Sun is related to or competes with Feng Tay, Pou Chen, Taiwan Paiho, Merida Industry, and Lotes. Fulgent Sun International Co., Ltd. engages in the foundry production and distribution of sports shoes and outdoor shoes More
Fulgent Sun 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 Fulgent Sun'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 Fulgent Sun International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.72 | |||
| Information Ratio | 0.1484 | |||
| Maximum Drawdown | 16.34 | |||
| Value At Risk | (3.97) | |||
| Potential Upside | 4.93 |
Fulgent Sun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fulgent Sun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fulgent Sun's standard deviation. In reality, there are many statistical measures that can use Fulgent Sun historical prices to predict the future Fulgent Sun's volatility.| Risk Adjusted Performance | 0.11 | |||
| Jensen Alpha | 0.3673 | |||
| Total Risk Alpha | 0.7791 | |||
| Sortino Ratio | 0.1768 | |||
| Treynor Ratio | (7.70) |
Fulgent Sun International Backtested Returns
Fulgent Sun appears to be very steady, given 3 months investment horizon. Fulgent Sun International secures Sharpe Ratio (or Efficiency) of 0.0928, which denotes the company had a 0.0928 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Fulgent Sun International, which you can use to evaluate the volatility of the firm. Please utilize Fulgent Sun's Downside Deviation of 2.72, coefficient of variation of 848.15, and Mean Deviation of 2.44 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fulgent Sun holds a performance score of 7. The firm shows a Beta (market volatility) of -0.0484, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fulgent Sun are expected to decrease at a much lower rate. During the bear market, Fulgent Sun is likely to outperform the market. Please check Fulgent Sun's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Fulgent Sun's price patterns will revert.
Auto-correlation | -0.68 |
Very good reverse predictability
Fulgent Sun International has very good reverse predictability. Overlapping area represents the amount of predictability between Fulgent Sun time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Fulgent Sun International price movement. The serial correlation of -0.68 indicates that around 68.0% of current Fulgent Sun price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 44.49 |
Fulgent Sun International lagged returns against current returns
Autocorrelation, which is Fulgent Sun 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 Fulgent Sun's stock expected returns. We can calculate the autocorrelation of Fulgent Sun returns to help us make a trade decision. For example, suppose you find that Fulgent Sun 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 |
Fulgent Sun 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 Fulgent Sun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fulgent Sun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fulgent Sun stock over time.
Current vs Lagged Prices |
| Timeline |
Fulgent Sun Lagged Returns
When evaluating Fulgent Sun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fulgent Sun stock have on its future price. Fulgent Sun 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, Fulgent Sun autocorrelation shows the relationship between Fulgent Sun stock current value and its past values and can show if there is a momentum factor associated with investing in Fulgent Sun International.
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 Fulgent Stock Analysis
When running Fulgent Sun's price analysis, check to measure Fulgent Sun'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 Fulgent Sun is operating at the current time. Most of Fulgent Sun's value examination focuses on studying past and present price action to predict the probability of Fulgent Sun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulgent Sun's price. Additionally, you may evaluate how the addition of Fulgent Sun to your portfolios can decrease your overall portfolio volatility.