Shin Tai (Taiwan) Market Value

1235 Stock  TWD 92.30  0.30  0.33%   
Shin Tai's market value is the price at which a share of Shin Tai trades on a public exchange. It measures the collective expectations of Shin Tai Industry investors about its performance. Shin Tai is selling for under 92.30 as of the 4th of March 2025; that is 0.33 percent increase since the beginning of the trading day. The stock's lowest day price was 90.7.
With this module, you can estimate the performance of a buy and hold strategy of Shin Tai Industry and determine expected loss or profit from investing in Shin Tai over a given investment horizon. Check out Shin Tai Correlation, Shin Tai Volatility and Shin Tai Alpha and Beta module to complement your research on Shin Tai.
Symbol

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

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.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/04/2025
0.00
If you would invest  0.00  in Shin Tai on March 15, 2023 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 720 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.

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.
Hype
Prediction
LowEstimatedHigh
87.9392.0096.07
Details
Intrinsic
Valuation
LowRealHigh
79.9984.06101.20
Details
Naive
Forecast
LowNextHigh
81.7785.8489.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
49.5592.86136.16
Details

Shin Tai Industry Backtested Returns

Shin Tai Industry owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15 % return per unit of risk over the last 3 months. Shin Tai Industry exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shin Tai's Risk Adjusted Performance of (0.12), coefficient of variation of (580.12), and Variance of 15.03 to confirm the risk estimate we provide. The entity has a beta of 1.0, which indicates a somewhat significant risk relative to the market. Shin Tai returns are very sensitive to returns on the market. As the market goes up or down, Shin Tai is expected to follow. At this point, Shin Tai Industry has a negative expected return of -0.59%. Please make sure to validate Shin Tai's mean deviation, standard deviation, total risk alpha, as well as 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

    
  0.34  

Below average predictability

Shin Tai Industry has below average predictability. Overlapping area represents the amount of predictability between Shin Tai time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th 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 0.34 indicates that nearly 34.0% of current Shin Tai price fluctuation can be explain by its past prices.
Correlation Coefficient0.34
Spearman Rank Test-0.14
Residual Average0.0
Price Variance765.65

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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Additional Tools for Shin Stock Analysis

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.