Oriental Union (Taiwan) Market Value

1710 Stock  TWD 16.05  0.05  0.31%   
Oriental Union's market value is the price at which a share of Oriental Union trades on a public exchange. It measures the collective expectations of Oriental Union Chemical investors about its performance. Oriental Union is selling for under 16.05 as of the 16th of March 2025; that is 0.31% down since the beginning of the trading day. The stock's lowest day price was 15.85.
With this module, you can estimate the performance of a buy and hold strategy of Oriental Union Chemical and determine expected loss or profit from investing in Oriental Union over a given investment horizon. Check out Oriental Union Correlation, Oriental Union Volatility and Oriental Union Alpha and Beta module to complement your research on Oriental Union.
Symbol

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

Oriental Union '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 Oriental Union'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 Oriental Union.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Oriental Union on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Oriental Union Chemical or generate 0.0% return on investment in Oriental Union over 90 days. Oriental Union is related to or competes with China Man, Taiwan Styrene, USI Corp, China Petrochemical, and Yulon. Oriental Union Chemical Corporation provides ethylene glycol and ethylene oxide derivatives primarily in Asia More

Oriental Union 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 Oriental Union'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 Oriental Union Chemical upside and downside potential and time the market with a certain degree of confidence.

Oriental Union Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oriental Union's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oriental Union's standard deviation. In reality, there are many statistical measures that can use Oriental Union historical prices to predict the future Oriental Union's volatility.
Hype
Prediction
LowEstimatedHigh
13.8416.0518.26
Details
Intrinsic
Valuation
LowRealHigh
13.4815.6917.90
Details
Naive
Forecast
LowNextHigh
13.6515.8618.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.3015.3117.31
Details

Oriental Union Chemical Backtested Returns

Oriental Union appears to be not too volatile, given 3 months investment horizon. Oriental Union Chemical maintains Sharpe Ratio (i.e., Efficiency) of 0.097, which implies the firm had a 0.097 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Oriental Union Chemical, which you can use to evaluate the volatility of the company. Please evaluate Oriental Union's Semi Deviation of 1.73, risk adjusted performance of 0.0247, and Coefficient Of Variation of 4640.51 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oriental Union holds a performance score of 7. The company holds a Beta of 0.004, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oriental Union's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oriental Union is expected to be smaller as well. Please check Oriental Union's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Oriental Union's historical price patterns will revert.

Auto-correlation

    
  0.14  

Insignificant predictability

Oriental Union Chemical has insignificant predictability. Overlapping area represents the amount of predictability between Oriental Union time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Oriental Union Chemical price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Oriental Union price fluctuation can be explain by its past prices.
Correlation Coefficient0.14
Spearman Rank Test0.2
Residual Average0.0
Price Variance0.82

Oriental Union Chemical lagged returns against current returns

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

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

Oriental Union Lagged Returns

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

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Additional Tools for Oriental Stock Analysis

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