CTCI Corp (Taiwan) Market Value
| 9933 Stock | TWD 42.20 0.10 0.24% |
| Symbol | CTCI |
CTCI 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 CTCI 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 CTCI Corp.
| 03/07/2024 |
| 03/02/2025 |
If you would invest 0.00 in CTCI Corp on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding CTCI Corp or generate 0.0% return on investment in CTCI Corp over 360 days. CTCI Corp is related to or competes with Taiwan Secom, Pou Chen, Formosa Petrochemical, Cheng Shin, and China Steel. CTCI Corporation provides engineering, procurement, and construction services in Asia, the Middle East, and the Americas More
CTCI 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 CTCI 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 CTCI Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0132 | |||
| Maximum Drawdown | 4.36 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.41 |
CTCI Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CTCI Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CTCI Corp's standard deviation. In reality, there are many statistical measures that can use CTCI Corp historical prices to predict the future CTCI Corp's volatility.| Risk Adjusted Performance | (0.0006) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.014 | |||
| Treynor Ratio | 0.0554 |
CTCI Corp Backtested Returns
At this stage we consider CTCI Stock to be very steady. CTCI Corp retains Efficiency (Sharpe Ratio) of 0.0672, which signifies that the company had a 0.0672 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for CTCI Corp, which you can use to evaluate the volatility of the firm. Please confirm CTCI Corp's market risk adjusted performance of 0.0654, and Variance of 0.6917 to double-check if the risk estimate we provide is consistent with the expected return of 0.0562%. CTCI Corp has a performance score of 5 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CTCI Corp are expected to decrease at a much lower rate. During the bear market, CTCI Corp is likely to outperform the market. CTCI Corp now owns a risk of 0.84%. Please confirm CTCI Corp coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if CTCI Corp will be following its current price history.
Auto-correlation | -0.65 |
Very good reverse predictability
CTCI Corp has very good reverse predictability. Overlapping area represents the amount of predictability between CTCI Corp time series from 7th of March 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 CTCI Corp price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current CTCI Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 11.32 |
CTCI Corp lagged returns against current returns
Autocorrelation, which is CTCI 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 CTCI Corp's stock expected returns. We can calculate the autocorrelation of CTCI Corp returns to help us make a trade decision. For example, suppose you find that CTCI 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 |
CTCI 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 CTCI Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CTCI Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CTCI Corp stock over time.
Current vs Lagged Prices |
| Timeline |
CTCI Corp Lagged Returns
When evaluating CTCI Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CTCI Corp stock have on its future price. CTCI 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, CTCI Corp autocorrelation shows the relationship between CTCI Corp stock current value and its past values and can show if there is a momentum factor associated with investing in CTCI 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 CTCI Stock Analysis
When running CTCI Corp's price analysis, check to measure CTCI 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 CTCI Corp is operating at the current time. Most of CTCI Corp's value examination focuses on studying past and present price action to predict the probability of CTCI 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 CTCI Corp's price. Additionally, you may evaluate how the addition of CTCI Corp to your portfolios can decrease your overall portfolio volatility.