Shin Tai (Taiwan) Market Value
| 1235 Stock | TWD 97.20 7.10 7.88% |
| Symbol | Shin |
Shin Tai '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 Shin Tai'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 Shin Tai.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Shin Tai on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Shin Tai Industry or generate 0.0% return on investment in Shin Tai over 90 days. Shin Tai is related to or competes with Fwusow Industry, TTET Union, Lian Hwa, Formosa Oilseed, and Hey Song. Shin Tai Industry Co., Ltd. provides various animal feeds in Taiwan More
Shin Tai 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 Shin Tai'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 Shin Tai Industry upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 17.53 | |||
| Value At Risk | (7.57) | |||
| Potential Upside | 6.09 |
Shin Tai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shin Tai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shin Tai's standard deviation. In reality, there are many statistical measures that can use Shin Tai historical prices to predict the future Shin Tai's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.40) |
Shin Tai Industry Backtested Returns
Shin Tai Industry owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0257, which indicates the firm had a -0.0257 % return per unit of risk over the last 3 months. Shin Tai Industry exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shin Tai's Coefficient Of Variation of (750.69), variance of 16.59, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 1.37, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shin Tai will likely underperform. At this point, Shin Tai Industry has a negative expected return of -0.1%. Please make sure to validate Shin Tai's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Shin Tai Industry performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Shin Tai Industry has good reverse predictability. Overlapping area represents the amount of predictability between Shin Tai time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Shin Tai Industry price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Shin Tai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 54.15 |
Shin Tai Industry lagged returns against current returns
Autocorrelation, which is Shin Tai 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 Shin Tai's stock expected returns. We can calculate the autocorrelation of Shin Tai returns to help us make a trade decision. For example, suppose you find that Shin Tai 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 |
Shin Tai 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 Shin Tai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shin Tai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shin Tai stock over time.
Current vs Lagged Prices |
| Timeline |
Shin Tai Lagged Returns
When evaluating Shin Tai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shin Tai stock have on its future price. Shin Tai 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, Shin Tai autocorrelation shows the relationship between Shin Tai stock current value and its past values and can show if there is a momentum factor associated with investing in Shin Tai Industry.
Regressed Prices |
| Timeline |
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When running Shin Tai's price analysis, check to measure Shin Tai'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 Shin Tai is operating at the current time. Most of Shin Tai's value examination focuses on studying past and present price action to predict the probability of Shin Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Tai's price. Additionally, you may evaluate how the addition of Shin Tai to your portfolios can decrease your overall portfolio volatility.