Allis Electric (Taiwan) Market Value

1514 Stock  TWD 110.00  4.00  3.77%   
Allis Electric's market value is the price at which a share of Allis Electric trades on a public exchange. It measures the collective expectations of Allis Electric Co investors about its performance. Allis Electric is selling for under 110.00 as of the 15th of March 2025; that is 3.77 percent increase since the beginning of the trading day. The stock's lowest day price was 105.5.
With this module, you can estimate the performance of a buy and hold strategy of Allis Electric Co and determine expected loss or profit from investing in Allis Electric over a given investment horizon. Check out Allis Electric Correlation, Allis Electric Volatility and Allis Electric Alpha and Beta module to complement your research on Allis Electric.
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Please note, there is a significant difference between Allis Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allis Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allis Electric'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.

Allis Electric '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 Allis Electric'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 Allis Electric.
0.00
12/15/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/15/2025
0.00
If you would invest  0.00  in Allis Electric on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Allis Electric Co or generate 0.0% return on investment in Allis Electric over 90 days. Allis Electric is related to or competes with Chung Hsin, Fortune Electric, TECO Electric, Shihlin Electric, and Basso Industry. ,Ltd. engages in development, production, and sale of transformers, switching devices, and electronic products worldwide More

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

Allis Electric Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Allis Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allis Electric's standard deviation. In reality, there are many statistical measures that can use Allis Electric historical prices to predict the future Allis Electric's volatility.
Hype
Prediction
LowEstimatedHigh
107.50110.00112.50
Details
Intrinsic
Valuation
LowRealHigh
88.8091.30121.00
Details

Allis Electric Backtested Returns

Allis Electric appears to be very steady, given 3 months investment horizon. Allis Electric secures Sharpe Ratio (or Efficiency) of 0.0952, which signifies that the company had a 0.0952 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Allis Electric Co, which you can use to evaluate the volatility of the firm. Please makes use of Allis Electric's Mean Deviation of 1.73, standard deviation of 2.39, and Risk Adjusted Performance of 0.0013 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Allis Electric holds a performance score of 7. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Allis Electric's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allis Electric is expected to be smaller as well. Please check Allis Electric's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to make a quick decision on whether Allis Electric's price patterns will revert.

Auto-correlation

    
  -0.35  

Poor reverse predictability

Allis Electric Co has poor reverse predictability. Overlapping area represents the amount of predictability between Allis Electric time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Allis Electric price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Allis Electric price fluctuation can be explain by its past prices.
Correlation Coefficient-0.35
Spearman Rank Test-0.61
Residual Average0.0
Price Variance52.62

Allis Electric lagged returns against current returns

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

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

Allis Electric Lagged Returns

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

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Additional Tools for Allis Stock Analysis

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