Shihlin Electric (Taiwan) Technical Analysis
| 1503 Stock | TWD 196.50 -1.50 -0.76% |
As of the 7th of May, Shihlin Electric maintains a quoted price of 196.50 per share. Short-term indicators show Variance of 9.21, risk adjusted performance of -0.02, and Coefficient Of Variation of -3,349. The model measures trend continuation and reversal probability using historical patterns. Comparative analytics measure deviation from sector averages.
Shihlin Electric Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shihlin Electric, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Shihlin ElectricShihlin Electric |
What-If Analysis
What-if analysis for Shihlin Electric Engineering is essentially a historical sensitivity test that shows how changes in the investment horizon could have altered realized return, drawdown, and timing outcomes. This becomes more informative when investors use the backtest to challenge timing assumptions rather than to search for a perfect historical entry point.
| 02/06/2026 |
| 05/07/2026 |
Starting with 0.00 in Shihlin Electric on February 6, 2026 and exiting today would produce 0.00 in net return. This reflects a 0.0% total return in Shihlin Electric net across 90 days. Shihlin Electric's competitive landscape includes Advanced Energy, Voltronic Power, LK Engineering, Acter, Walsin Lihwa, China Airlines, and Simplo Technology. Shihlin Electric Engineering Corporation engages in the manufacture and sale of heavy electrical equipment, electrical m... More
Shihlin Electric Momentum Range Indicators Overview
Upside and downside signals that contextualize Shihlin Electric price behavior are highlighted below. Current price is compared to recent trend direction and momentum readings.
| Information Ratio | -0.04 | |||
| Maximum Drawdown | 13.13 | |||
| Value At Risk | -5.91 | |||
| Potential Upside | 5.56 |
Volatility and Risk Indicators for Shihlin Electric Overview
Historical risk measures for Shihlin Electric describe how the price has varied across observation periods. Comparing realized volatility to implied volatility (where available) reveals whether the market expects conditions to change.| Risk Adjusted Performance | -0.02 | |||
| Jensen Alpha | -0.1 | |||
| Total Risk Alpha | -0.13 | |||
| Treynor Ratio | 0.6673 |
Mean reversion analysis in Shihlin Electric's involves identifying price extremes that diverge materially from the historical norm. High prices relative to historical norms contrast with unusually low prices, where recovery expectations may emerge. Mean reversion in Shihlin Electric is distinct from trend following, which rides momentum rather than betting on reversals. Momentum identifies the trend while mean reversion identifies when it has extended beyond sustainable levels.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.02 | |||
| Market Risk Adjusted Performance | 0.6773 | |||
| Mean Deviation | 2.31 | |||
| Coefficient Of Variation | -3,349 | |||
| Standard Deviation | 3.04 | |||
| Variance | 9.21 | |||
| Information Ratio | -0.04 | |||
| Jensen Alpha | -0.1 | |||
| Total Risk Alpha | -0.13 | |||
| Treynor Ratio | 0.6673 | |||
| Maximum Drawdown | 13.13 | |||
| Value At Risk | -5.91 | |||
| Potential Upside | 5.56 | |||
| Skewness | -0.22 | |||
| Kurtosis | 0.1284 |
Shihlin Electric Backtested Returns
Shihlin Electric shows a very low volatility profile relative to the chosen timeframe. It maintains a Sharpe Ratio (Efficiency) of close to zero, representing adjusted performance consistency. We identified twenty-three technical indicators influencing the company's volatility profile. Please evaluate metrics such as Variance of 9.21, risk-adjusted performance of -0.02, and Coefficient Of Variation of -3,349 to review standard deviation behavior. The firm maintains a Beta (Market Sensitivity) of -0.15, which conveys very low measured sensitivity to broad market movements. Returns on Shihlin Electric tend to move against the broader market, though the counter-movement is modest relative to the index. Shihlin Electric right now maintains a risk of 2.99%.
Auto-correlation | -0.64 |
Very good reverse predictability
Comparing Shihlin Electric's price behavior from 6th of February 2026 to 23rd of March 2026 with the period from 23rd of March 2026 to 7th of May 2026 produces very good reverse predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of Shihlin Electric may be projected. The coefficient of -0.64 links roughly 64.0% of Shihlin Electric's present price action to its own historical movements. Given that Shihlin Electric Engineering has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 36.83 |
The framework analyzes Shihlin Electric using price and volume data. The analysis uses tools that capture trend and momentum behavior.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Shihlin Electric volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Shihlin Electric evaluates price structure, momentum, and volatility clustering. Trend alignment improves interpretability of cross-signal confirmation. Shihlin Electric has a market cap of 35.27 billion, P/E of 13.86, ROE of 7.97%.
Shihlin Electric Engineering metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison.
Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board
Technical Indicators
Technical indicators tied to Shihlin Electric Engineering help investors translate chart behavior into a more structured framework for entry, exit, and risk control. When applied, technical indicators support timing and risk control but warrant validation against broader market and business context.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.02 | |||
| Market Risk Adjusted Performance | 0.6773 | |||
| Mean Deviation | 2.31 | |||
| Coefficient Of Variation | -3,349 | |||
| Standard Deviation | 3.04 | |||
| Variance | 9.21 | |||
| Information Ratio | -0.04 | |||
| Jensen Alpha | -0.1 | |||
| Total Risk Alpha | -0.13 | |||
| Treynor Ratio | 0.6673 | |||
| Maximum Drawdown | 13.13 | |||
| Value At Risk | -5.91 | |||
| Potential Upside | 5.56 | |||
| Skewness | -0.22 | |||
| Kurtosis | 0.1284 |
May 7, 2026 Daily Trend Indicators
Technical indicators tied to Shihlin Electric Engineering help investors translate chart behavior into a more structured framework for entry, exit, and risk control. When applied, technical indicators support timing and risk control but warrant validation against broader market and business context.
| Accumulation Distribution | 67,958 | ||
| Daily Balance Of Power | -0.23 | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 198.25 | ||
| Day Typical Price | 197.67 | ||
| Price Action Indicator | -2.50 |
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