Team Young (Taiwan) Market Value
5345 Stock | TWD 11.85 0.05 0.42% |
Symbol | Team |
Team Young '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 Team Young'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 Team Young.
05/16/2022 |
| 05/05/2024 |
If you would invest 0.00 in Team Young on May 16, 2022 and sell it all today you would earn a total of 0.00 from holding Team Young Advanced or generate 0.0% return on investment in Team Young over 720 days. Team Young is related to or competes with Jetway Information, Quanta Storage, Mercuries Data, Chinese Maritime, U Ming, Transcend Information, and Sporton International. Team Young Advanced Technology Co., Ltd. engages in the research and development of electrical analogy systems in Taiwan... More
Team Young 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 Team Young'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 Team Young Advanced upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.0 | |||
Information Ratio | 0.0661 | |||
Maximum Drawdown | 14.13 | |||
Value At Risk | (3.30) | |||
Potential Upside | 4.82 |
Team Young Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Team Young's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Team Young's standard deviation. In reality, there are many statistical measures that can use Team Young historical prices to predict the future Team Young's volatility.Risk Adjusted Performance | 0.0709 | |||
Jensen Alpha | 0.2086 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | 0.0756 | |||
Treynor Ratio | 1.27 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Team Young's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Team Young Advanced Backtested Returns
Team Young appears to be not too volatile, given 3 months investment horizon. Team Young Advanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Team Young Advanced, which you can use to evaluate the volatility of the company. Please review Team Young's Risk Adjusted Performance of 0.0709, coefficient of variation of 991.75, and Semi Deviation of 1.49 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Team Young holds a performance score of 8. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Team Young's returns are expected to increase less than the market. However, during the bear market, the loss of holding Team Young is expected to be smaller as well. Please check Team Young's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Team Young's existing price patterns will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
Team Young Advanced has weak reverse predictability. Overlapping area represents the amount of predictability between Team Young time series from 16th of May 2022 to 11th of May 2023 and 11th of May 2023 to 5th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Team Young Advanced price movement. The serial correlation of -0.24 indicates that over 24.0% of current Team Young price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.24 | |
Spearman Rank Test | -0.13 | |
Residual Average | 0.0 | |
Price Variance | 4.59 |
Team Young Advanced lagged returns against current returns
Autocorrelation, which is Team Young 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 Team Young's stock expected returns. We can calculate the autocorrelation of Team Young returns to help us make a trade decision. For example, suppose you find that Team Young 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 |
Team Young 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 Team Young stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Team Young stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Team Young stock over time.
Current vs Lagged Prices |
Timeline |
Team Young Lagged Returns
When evaluating Team Young's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Team Young stock have on its future price. Team Young 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, Team Young autocorrelation shows the relationship between Team Young stock current value and its past values and can show if there is a momentum factor associated with investing in Team Young Advanced.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Team Young in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Team Young's short interest history, or implied volatility extrapolated from Team Young options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Team Young Correlation, Team Young Volatility and Team Young Alpha and Beta module to complement your research on Team Young. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Team Stock analysis
When running Team Young's price analysis, check to measure Team Young'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 Team Young is operating at the current time. Most of Team Young's value examination focuses on studying past and present price action to predict the probability of Team Young's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Team Young's price. Additionally, you may evaluate how the addition of Team Young to your portfolios can decrease your overall portfolio volatility.
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Team Young technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.