Standard Foods (Taiwan) Market Value
| 1227 Stock | TWD 39.20 0.05 0.13% |
| Symbol | Standard |
Standard Foods '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 Standard Foods' 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 Standard Foods.
| 11/15/2022 |
| 10/05/2024 |
If you would invest 0.00 in Standard Foods on November 15, 2022 and sell it all today you would earn a total of 0.00 from holding Standard Foods Corp or generate 0.0% return on investment in Standard Foods over 690 days. Standard Foods is related to or competes with Ruentex Development, Leatec Fine, CTCI Corp, Information Technology, Kinko Optical, SYN Tech, and Giant Manufacturing. Standard Foods Corporation manufactures and markets nutritional foods, edible oil, milk products, and beverages in Taiwa... More
Standard Foods 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 Standard Foods' 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 Standard Foods Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.31 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.44 |
Standard Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Standard Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standard Foods' standard deviation. In reality, there are many statistical measures that can use Standard Foods historical prices to predict the future Standard Foods' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Standard Foods' 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.
Standard Foods Corp Backtested Returns
Standard Foods Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.099, which indicates the firm had a -0.099% return per unit of risk over the last 3 months. Standard Foods Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Standard Foods' Coefficient Of Variation of (1,072), variance of 1.27, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Standard Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Standard Foods is expected to be smaller as well. At this point, Standard Foods Corp has a negative expected return of -0.11%. Please make sure to validate Standard Foods' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Standard Foods Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Standard Foods Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Standard Foods time series from 15th of November 2022 to 26th of October 2023 and 26th of October 2023 to 5th of October 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 Standard Foods Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Standard Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 2.36 |
Standard Foods Corp lagged returns against current returns
Autocorrelation, which is Standard Foods 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 Standard Foods' stock expected returns. We can calculate the autocorrelation of Standard Foods returns to help us make a trade decision. For example, suppose you find that Standard Foods 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 |
Standard Foods 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 Standard Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Standard Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Standard Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Standard Foods Lagged Returns
When evaluating Standard Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Standard Foods stock have on its future price. Standard Foods 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, Standard Foods autocorrelation shows the relationship between Standard Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Standard Foods 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 Standard Stock Analysis
When running Standard Foods' price analysis, check to measure Standard Foods' 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 Standard Foods is operating at the current time. Most of Standard Foods' value examination focuses on studying past and present price action to predict the probability of Standard Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard Foods' price. Additionally, you may evaluate how the addition of Standard Foods to your portfolios can decrease your overall portfolio volatility.