Great China (Taiwan) Market Value
| 9905 Stock | TWD 24.05 0.30 1.26% |
| Symbol | Great |
Great China '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 Great China'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 Great China.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Great China on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Great China Metal or generate 0.0% return on investment in Great China over 90 days. Great China is related to or competes with Taiwan Hon, Taiwan Secom, Taiwan Fu, Taiwan Shin, and Sinyi Realty. Co., Ltd. manufactures and supplies food and beverage packaging containers in Taiwan and internationally More
Great China 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 Great China'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 Great China Metal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4814 | |||
| Information Ratio | 0.4164 | |||
| Maximum Drawdown | 2.52 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.8602 |
Great China Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great China's standard deviation. In reality, there are many statistical measures that can use Great China historical prices to predict the future Great China's volatility.| Risk Adjusted Performance | 0.0962 | |||
| Jensen Alpha | 0.0337 | |||
| Total Risk Alpha | 0.1225 | |||
| Sortino Ratio | 0.3915 | |||
| Treynor Ratio | (0.52) |
Great China Metal Backtested Returns
At this stage we consider Great Stock to be very steady. Great China Metal holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Great China Metal, which you can use to evaluate the volatility of the firm. Please check out Great China's Downside Deviation of 0.4814, risk adjusted performance of 0.0962, and Market Risk Adjusted Performance of (0.51) to validate if the risk estimate we provide is consistent with the expected return of 0.0888%. Great China has a performance score of 13 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0885, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Great China are expected to decrease at a much lower rate. During the bear market, Great China is likely to outperform the market. Great China Metal right now retains a risk of 0.51%. Please check out Great China market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Great China will be following its current trending patterns.
Auto-correlation | 0.28 |
Poor predictability
Great China Metal has poor predictability. Overlapping area represents the amount of predictability between Great China 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 Great China Metal price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Great China price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Great China Metal lagged returns against current returns
Autocorrelation, which is Great China 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 Great China's stock expected returns. We can calculate the autocorrelation of Great China returns to help us make a trade decision. For example, suppose you find that Great China 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 |
Great China 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 Great China stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great China stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Great China stock over time.
Current vs Lagged Prices |
| Timeline |
Great China Lagged Returns
When evaluating Great China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great China stock have on its future price. Great China 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, Great China autocorrelation shows the relationship between Great China stock current value and its past values and can show if there is a momentum factor associated with investing in Great China Metal.
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.Additional Tools for Great Stock Analysis
When running Great China's price analysis, check to measure Great China'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 Great China is operating at the current time. Most of Great China's value examination focuses on studying past and present price action to predict the probability of Great China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great China's price. Additionally, you may evaluate how the addition of Great China to your portfolios can decrease your overall portfolio volatility.