Associated Industries (Taiwan) Market Value
| 9912 Stock | TWD 12.85 0.10 0.77% |
| Symbol | Associated |
Associated Industries '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 Associated Industries' 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 Associated Industries.
| 09/06/2024 |
| 03/05/2025 |
If you would invest 0.00 in Associated Industries on September 6, 2024 and sell it all today you would earn a total of 0.00 from holding Associated Industries China or generate 0.0% return on investment in Associated Industries over 180 days. Associated Industries is related to or competes with In Win, Chenming Mold, Min Aik, Promise Technology, and Ton Yi. Associated Industries China, Inc. researches, develops, and sells LCD monitors and related components for professional and consumer markets in Europe, Americas, Taiwan, and internationally. More
Associated Industries 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 Associated Industries' 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 Associated Industries China upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.1471 | |||
| Maximum Drawdown | 8.59 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.96 |
Associated Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Associated Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Associated Industries' standard deviation. In reality, there are many statistical measures that can use Associated Industries historical prices to predict the future Associated Industries' volatility.| Risk Adjusted Performance | 0.0704 | |||
| Jensen Alpha | 0.098 | |||
| Total Risk Alpha | 0.249 | |||
| Sortino Ratio | 0.0948 | |||
| Treynor Ratio | (2.74) |
Associated Industries Backtested Returns
At this stage we consider Associated Stock to be not too volatile. Associated Industries secures Sharpe Ratio (or Efficiency) of 0.0789, which signifies that the company had a 0.0789 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Associated Industries China, which you can use to evaluate the volatility of the firm. Please confirm Associated Industries' Downside Deviation of 2.0, mean deviation of 0.8179, and Risk Adjusted Performance of 0.0704 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Associated Industries has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.037, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Associated Industries are expected to decrease at a much lower rate. During the bear market, Associated Industries is likely to outperform the market. Associated Industries right now shows a risk of 1.38%. Please confirm Associated Industries total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Associated Industries will be following its price patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
Associated Industries China has modest reverse predictability. Overlapping area represents the amount of predictability between Associated Industries time series from 6th of September 2024 to 5th of December 2024 and 5th of December 2024 to 5th 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 Associated Industries price movement. The serial correlation of -0.5 indicates that about 50.0% of current Associated Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Associated Industries lagged returns against current returns
Autocorrelation, which is Associated Industries 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 Associated Industries' stock expected returns. We can calculate the autocorrelation of Associated Industries returns to help us make a trade decision. For example, suppose you find that Associated Industries 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 |
Associated Industries 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 Associated Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Associated Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Associated Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Associated Industries Lagged Returns
When evaluating Associated Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Associated Industries stock have on its future price. Associated Industries 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, Associated Industries autocorrelation shows the relationship between Associated Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Associated Industries China.
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 Associated Stock Analysis
When running Associated Industries' price analysis, check to measure Associated Industries' 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 Associated Industries is operating at the current time. Most of Associated Industries' value examination focuses on studying past and present price action to predict the probability of Associated Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Industries' price. Additionally, you may evaluate how the addition of Associated Industries to your portfolios can decrease your overall portfolio volatility.