HannStar Board (Taiwan) Market Value

5469 Stock  TWD 55.20  0.30  0.54%   
HannStar Board's market value is the price at which a share of HannStar Board trades on a public exchange. It measures the collective expectations of HannStar Board Corp investors about its performance. HannStar Board is selling for under 55.20 as of the 17th of February 2025; that is 0.54% down since the beginning of the trading day. The stock's lowest day price was 55.0.
With this module, you can estimate the performance of a buy and hold strategy of HannStar Board Corp and determine expected loss or profit from investing in HannStar Board over a given investment horizon. Check out HannStar Board Correlation, HannStar Board Volatility and HannStar Board Alpha and Beta module to complement your research on HannStar Board.
Symbol

Please note, there is a significant difference between HannStar Board's value and its price as these two are different measures arrived at by different means. Investors typically determine if HannStar Board is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HannStar Board's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

HannStar Board '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 HannStar Board'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 HannStar Board.
0.00
02/28/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
02/17/2025
0.00
If you would invest  0.00  in HannStar Board on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding HannStar Board Corp or generate 0.0% return on investment in HannStar Board over 720 days. HannStar Board is related to or competes with Tripod Technology, Hannstar Display, Compeq Manufacturing, Unimicron Technology, and Global Brands. HannStar Board Corporation fabricates and sells print circuit boards in Taiwan More

HannStar Board 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 HannStar Board'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 HannStar Board Corp upside and downside potential and time the market with a certain degree of confidence.

HannStar Board Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HannStar Board's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HannStar Board's standard deviation. In reality, there are many statistical measures that can use HannStar Board historical prices to predict the future HannStar Board's volatility.
Hype
Prediction
LowEstimatedHigh
53.7555.2056.65
Details
Intrinsic
Valuation
LowRealHigh
45.5446.9960.72
Details
Naive
Forecast
LowNextHigh
56.4757.9259.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
49.5853.2856.97
Details

HannStar Board Corp Backtested Returns

At this stage we consider HannStar Stock to be very steady. HannStar Board Corp holds Efficiency (Sharpe) Ratio of 0.0793, which attests that the entity had a 0.0793 % return per unit of risk over the last 3 months. We have found thirty technical indicators for HannStar Board Corp, which you can use to evaluate the volatility of the firm. Please check out HannStar Board's Market Risk Adjusted Performance of 0.1351, risk adjusted performance of 0.0169, and Downside Deviation of 1.47 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. HannStar Board has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HannStar Board's returns are expected to increase less than the market. However, during the bear market, the loss of holding HannStar Board is expected to be smaller as well. HannStar Board Corp right now retains a risk of 1.45%. Please check out HannStar Board standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if HannStar Board will be following its current trending patterns.

Auto-correlation

    
  -0.61  

Very good reverse predictability

HannStar Board Corp has very good reverse predictability. Overlapping area represents the amount of predictability between HannStar Board time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th 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 HannStar Board Corp price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current HannStar Board price fluctuation can be explain by its past prices.
Correlation Coefficient-0.61
Spearman Rank Test-0.46
Residual Average0.0
Price Variance12.09

HannStar Board Corp lagged returns against current returns

Autocorrelation, which is HannStar Board 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 HannStar Board's stock expected returns. We can calculate the autocorrelation of HannStar Board returns to help us make a trade decision. For example, suppose you find that HannStar Board 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  

HannStar Board 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 HannStar Board stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HannStar Board stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HannStar Board stock over time.
   Current vs Lagged Prices   
       Timeline  

HannStar Board Lagged Returns

When evaluating HannStar Board's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HannStar Board stock have on its future price. HannStar Board 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, HannStar Board autocorrelation shows the relationship between HannStar Board stock current value and its past values and can show if there is a momentum factor associated with investing in HannStar Board 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 HannStar Stock Analysis

When running HannStar Board's price analysis, check to measure HannStar Board'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 HannStar Board is operating at the current time. Most of HannStar Board's value examination focuses on studying past and present price action to predict the probability of HannStar Board's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HannStar Board's price. Additionally, you may evaluate how the addition of HannStar Board to your portfolios can decrease your overall portfolio volatility.