Universal Textile (Taiwan) Market Value

1445 Stock  TWD 17.20  0.05  0.29%   
Universal Textile's market value is the price at which a share of Universal Textile trades on a public exchange. It measures the collective expectations of Universal Textile Co investors about its performance. Universal Textile is selling for under 17.20 as of the 5th of March 2025; that is 0.29 percent increase since the beginning of the trading day. The stock's lowest day price was 16.9.
With this module, you can estimate the performance of a buy and hold strategy of Universal Textile Co and determine expected loss or profit from investing in Universal Textile over a given investment horizon. Check out Universal Textile Correlation, Universal Textile Volatility and Universal Textile Alpha and Beta module to complement your research on Universal Textile.
Symbol

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

Universal Textile '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 Universal Textile'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 Universal Textile.
0.00
02/03/2025
No Change 0.00  0.0 
In 30 days
03/05/2025
0.00
If you would invest  0.00  in Universal Textile on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Universal Textile Co or generate 0.0% return on investment in Universal Textile over 30 days. Universal Textile is related to or competes with Taiwan Taffeta, Wisher Industrial, Yi Jinn, Tah Tong, and Lan Fa. Universal Textile Co., Ltd. manufactures and sells fabrics in Taiwan More

Universal Textile 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 Universal Textile'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 Universal Textile Co upside and downside potential and time the market with a certain degree of confidence.

Universal Textile Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Universal Textile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Universal Textile's standard deviation. In reality, there are many statistical measures that can use Universal Textile historical prices to predict the future Universal Textile's volatility.
Hype
Prediction
LowEstimatedHigh
15.9917.2018.41
Details
Intrinsic
Valuation
LowRealHigh
15.8617.0718.29
Details
Naive
Forecast
LowNextHigh
15.9217.1318.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.3616.8917.43
Details

Universal Textile Backtested Returns

At this stage we consider Universal Stock to be very steady. Universal Textile owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0369, which indicates the firm had a 0.0369 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Universal Textile Co, which you can use to evaluate the volatility of the company. Please validate Universal Textile's Coefficient Of Variation of 2713.07, semi deviation of 0.9489, and Risk Adjusted Performance of 0.032 to confirm if the risk estimate we provide is consistent with the expected return of 0.0445%. Universal Textile has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Universal Textile are expected to decrease at a much lower rate. During the bear market, Universal Textile is likely to outperform the market. Universal Textile right now has a risk of 1.21%. Please validate Universal Textile downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Universal Textile will be following its existing price patterns.

Auto-correlation

    
  0.78  

Good predictability

Universal Textile Co has good predictability. Overlapping area represents the amount of predictability between Universal Textile time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 Universal Textile price movement. The serial correlation of 0.78 indicates that around 78.0% of current Universal Textile price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.65
Residual Average0.0
Price Variance0.04

Universal Textile lagged returns against current returns

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

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

Universal Textile Lagged Returns

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

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Additional Tools for Universal Stock Analysis

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