Walsin Technology (Taiwan) Market Value
| 2492 Stock | TWD 96.60 0.60 0.62% |
| Symbol | Walsin |
Walsin Technology '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 Walsin Technology'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 Walsin Technology.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Walsin Technology on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Walsin Technology Corp or generate 0.0% return on investment in Walsin Technology over 30 days. Walsin Technology is related to or competes with Yageo Corp, Nanya Technology, Holy Stone, Novatek Microelectronics, and Winbond Electronics. Walsin Technology Corporation manufactures and sells passive components worldwide More
Walsin Technology 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 Walsin Technology'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 Walsin Technology Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.0461 | |||
| Maximum Drawdown | 8.99 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 3.24 |
Walsin Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Walsin Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Walsin Technology's standard deviation. In reality, there are many statistical measures that can use Walsin Technology historical prices to predict the future Walsin Technology's volatility.| Risk Adjusted Performance | 0.0412 | |||
| Jensen Alpha | 0.071 | |||
| Total Risk Alpha | 0.0882 | |||
| Sortino Ratio | 0.0549 | |||
| Treynor Ratio | (0.23) |
Walsin Technology Corp Backtested Returns
At this stage we consider Walsin Stock to be very steady. Walsin Technology Corp shows Sharpe Ratio of 0.0344, which attests that the company had a 0.0344 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Walsin Technology Corp, which you can use to evaluate the volatility of the company. Please check out Walsin Technology's Mean Deviation of 1.34, downside deviation of 1.45, and Market Risk Adjusted Performance of (0.22) to validate if the risk estimate we provide is consistent with the expected return of 0.0596%. Walsin Technology has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Walsin Technology are expected to decrease at a much lower rate. During the bear market, Walsin Technology is likely to outperform the market. Walsin Technology Corp right now maintains a risk of 1.73%. Please check out Walsin Technology Corp coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Walsin Technology Corp will be following its historical returns.
Auto-correlation | 0.59 |
Modest predictability
Walsin Technology Corp has modest predictability. Overlapping area represents the amount of predictability between Walsin Technology time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Walsin Technology Corp price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Walsin Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
Walsin Technology Corp lagged returns against current returns
Autocorrelation, which is Walsin Technology 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 Walsin Technology's stock expected returns. We can calculate the autocorrelation of Walsin Technology returns to help us make a trade decision. For example, suppose you find that Walsin Technology 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 |
Walsin Technology 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 Walsin Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Walsin Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Walsin Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Walsin Technology Lagged Returns
When evaluating Walsin Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Walsin Technology stock have on its future price. Walsin Technology 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, Walsin Technology autocorrelation shows the relationship between Walsin Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Walsin Technology Corp.
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 Walsin Stock Analysis
When running Walsin Technology's price analysis, check to measure Walsin Technology'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 Walsin Technology is operating at the current time. Most of Walsin Technology's value examination focuses on studying past and present price action to predict the probability of Walsin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walsin Technology's price. Additionally, you may evaluate how the addition of Walsin Technology to your portfolios can decrease your overall portfolio volatility.