Standard Chemical (Taiwan) Market Value

1720 Stock  TWD 62.80  0.30  0.48%   
Standard Chemical's market value is the price at which a share of Standard Chemical trades on a public exchange. It measures the collective expectations of Standard Chemical Pharmaceutical investors about its performance. Standard Chemical is selling for under 62.80 as of the 16th of March 2025; that is 0.48 percent increase since the beginning of the trading day. The stock's lowest day price was 62.6.
With this module, you can estimate the performance of a buy and hold strategy of Standard Chemical Pharmaceutical and determine expected loss or profit from investing in Standard Chemical over a given investment horizon. Check out Standard Chemical Correlation, Standard Chemical Volatility and Standard Chemical Alpha and Beta module to complement your research on Standard Chemical.
Symbol

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

Standard Chemical '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 Standard Chemical'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 Standard Chemical.
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 Standard Chemical on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Standard Chemical Pharmaceutical or generate 0.0% return on investment in Standard Chemical over 90 days. Standard Chemical is related to or competes with Sinphar Pharmaceutical, Grape King, Apex Biotechnology, and Maywufa. Standard Chem Pharm CO., LTD. engages in the manufacture and sale of pharmaceutical products in Taiwan and international... More

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

Standard Chemical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Standard Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standard Chemical's standard deviation. In reality, there are many statistical measures that can use Standard Chemical historical prices to predict the future Standard Chemical's volatility.
Hype
Prediction
LowEstimatedHigh
62.0862.8063.52
Details
Intrinsic
Valuation
LowRealHigh
61.9862.7063.42
Details

Standard Chemical Backtested Returns

At this stage we consider Standard Stock to be very steady. Standard Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0348, which indicates the firm had a 0.0348 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Standard Chemical Pharmaceutical, which you can use to evaluate the volatility of the company. Please validate Standard Chemical's Variance of 0.552, coefficient of variation of (1,751), and Risk Adjusted Performance of (0.05) to confirm if the risk estimate we provide is consistent with the expected return of 0.025%. Standard Chemical has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.0406, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Standard Chemical are expected to decrease at a much lower rate. During the bear market, Standard Chemical is likely to outperform the market. Standard Chemical right now has a risk of 0.72%. Please validate Standard Chemical coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Standard Chemical will be following its existing price patterns.

Auto-correlation

    
  -0.58  

Good reverse predictability

Standard Chemical Pharmaceutical has good reverse predictability. Overlapping area represents the amount of predictability between Standard Chemical 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 Standard Chemical price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Standard Chemical price fluctuation can be explain by its past prices.
Correlation Coefficient-0.58
Spearman Rank Test-0.35
Residual Average0.0
Price Variance0.48

Standard Chemical lagged returns against current returns

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

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

Standard Chemical Lagged Returns

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

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Additional Tools for Standard Stock Analysis

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