Walsin Lihwa (Taiwan) Market Value
| 1605 Stock | TWD 26.60 0.85 3.30% |
| Symbol | Walsin |
Walsin Lihwa '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 Walsin Lihwa'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 Walsin Lihwa.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Walsin Lihwa on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Walsin Lihwa Corp or generate 0.0% return on investment in Walsin Lihwa over 90 days. Walsin Lihwa is related to or competes with TECO Electric, Far Eastern, Nan Ya, Winbond Electronics, and Taiwan Cement. Walsin Lihwa Corporation manufactures and sells bare copper wires, wires and cables, and specialty steel products in Asi... More
Walsin Lihwa 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 Walsin Lihwa'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 Walsin Lihwa Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.0791 | |||
| Maximum Drawdown | 13.41 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 3.47 |
Walsin Lihwa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Walsin Lihwa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Walsin Lihwa's standard deviation. In reality, there are many statistical measures that can use Walsin Lihwa historical prices to predict the future Walsin Lihwa's volatility.| Risk Adjusted Performance | 0.0396 | |||
| Jensen Alpha | 0.1212 | |||
| Total Risk Alpha | 0.3853 | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | 0.2308 |
Walsin Lihwa Corp Backtested Returns
At this stage we consider Walsin Stock to be very steady. Walsin Lihwa Corp shows Sharpe Ratio of 0.0738, which attests that the company had a 0.0738 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Walsin Lihwa Corp, which you can use to evaluate the volatility of the company. Please check out Walsin Lihwa's Market Risk Adjusted Performance of 0.2408, mean deviation of 1.8, and Downside Deviation of 2.22 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Walsin Lihwa has a performance score of 5 on a scale of 0 to 100. The firm maintains a market beta of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Walsin Lihwa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Walsin Lihwa is expected to be smaller as well. Walsin Lihwa Corp right now maintains a risk of 2.5%. Please check out Walsin Lihwa Corp semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Walsin Lihwa Corp will be following its historical returns.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Walsin Lihwa Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Walsin Lihwa 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 Walsin Lihwa Corp price movement. The serial correlation of -0.75 indicates that around 75.0% of current Walsin Lihwa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 4.21 |
Walsin Lihwa Corp lagged returns against current returns
Autocorrelation, which is Walsin Lihwa 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 Walsin Lihwa's stock expected returns. We can calculate the autocorrelation of Walsin Lihwa returns to help us make a trade decision. For example, suppose you find that Walsin Lihwa 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 |
Walsin Lihwa 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 Walsin Lihwa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Walsin Lihwa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Walsin Lihwa stock over time.
Current vs Lagged Prices |
| Timeline |
Walsin Lihwa Lagged Returns
When evaluating Walsin Lihwa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Walsin Lihwa stock have on its future price. Walsin Lihwa 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, Walsin Lihwa autocorrelation shows the relationship between Walsin Lihwa stock current value and its past values and can show if there is a momentum factor associated with investing in Walsin Lihwa Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Walsin Stock Analysis
When running Walsin Lihwa's price analysis, check to measure Walsin Lihwa'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 Walsin Lihwa is operating at the current time. Most of Walsin Lihwa's value examination focuses on studying past and present price action to predict the probability of Walsin Lihwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walsin Lihwa's price. Additionally, you may evaluate how the addition of Walsin Lihwa to your portfolios can decrease your overall portfolio volatility.