Lihtai Construction (Taiwan) Market Value

5520 Stock  TWD 85.30  1.40  1.67%   
Lihtai Construction's market value is the price at which a share of Lihtai Construction trades on a public exchange. It measures the collective expectations of Lihtai Construction Enterprise investors about its performance. Lihtai Construction is selling for under 85.30 as of the 26th of February 2025; that is 1.67 percent increase since the beginning of the trading day. The stock's lowest day price was 83.9.
With this module, you can estimate the performance of a buy and hold strategy of Lihtai Construction Enterprise and determine expected loss or profit from investing in Lihtai Construction over a given investment horizon. Check out Lihtai Construction Correlation, Lihtai Construction Volatility and Lihtai Construction Alpha and Beta module to complement your research on Lihtai Construction.
Symbol

Please note, there is a significant difference between Lihtai Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lihtai Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lihtai Construction'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.

Lihtai Construction '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 Lihtai Construction'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 Lihtai Construction.
0.00
01/27/2025
No Change 0.00  0.0 
In 30 days
02/26/2025
0.00
If you would invest  0.00  in Lihtai Construction on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Lihtai Construction Enterprise or generate 0.0% return on investment in Lihtai Construction over 30 days. Lihtai Construction is related to or competes with Ruentex Development, Ruentex Industries, Ruentex Engineering, Feng Tay, and KNH Enterprise. Lih Tai Construction Enterprise Co., Ltd More

Lihtai Construction 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 Lihtai Construction'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 Lihtai Construction Enterprise upside and downside potential and time the market with a certain degree of confidence.

Lihtai Construction Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lihtai Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lihtai Construction's standard deviation. In reality, there are many statistical measures that can use Lihtai Construction historical prices to predict the future Lihtai Construction's volatility.
Hype
Prediction
LowEstimatedHigh
84.8085.3085.80
Details
Intrinsic
Valuation
LowRealHigh
76.7799.3999.89
Details
Naive
Forecast
LowNextHigh
84.2684.7685.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
81.6383.3585.07
Details

Lihtai Construction Backtested Returns

At this stage we consider Lihtai Stock to be very steady. Lihtai Construction has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Lihtai Construction, which you can use to evaluate the volatility of the firm. Please verify Lihtai Construction's Risk Adjusted Performance of 0.1313, mean deviation of 0.2986, and Downside Deviation of 0.5745 to check out if the risk estimate we provide is consistent with the expected return of 0.0804%. Lihtai Construction has a performance score of 12 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0127, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lihtai Construction's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lihtai Construction is expected to be smaller as well. Lihtai Construction right now secures a risk of 0.5%. Please verify Lihtai Construction Enterprise downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Lihtai Construction Enterprise will be following its current price movements.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Lihtai Construction Enterprise has modest reverse predictability. Overlapping area represents the amount of predictability between Lihtai Construction time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 Lihtai Construction price movement. The serial correlation of -0.48 indicates that about 48.0% of current Lihtai Construction price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.04

Lihtai Construction lagged returns against current returns

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

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

Lihtai Construction Lagged Returns

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

Pair Trading with Lihtai Construction

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lihtai Construction position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lihtai Construction will appreciate offsetting losses from the drop in the long position's value.

Moving against Lihtai Stock

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The ability to find closely correlated positions to Lihtai Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lihtai Construction when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lihtai Construction - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lihtai Construction Enterprise to buy it.
The correlation of Lihtai Construction is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lihtai Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lihtai Construction moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lihtai Construction can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Lihtai Stock Analysis

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