Compeq Manufacturing (Taiwan) Market Value

2313 Stock  TWD 65.00  0.70  1.07%   
Compeq Manufacturing's market value is the price at which a share of Compeq Manufacturing trades on a public exchange. It measures the collective expectations of Compeq Manufacturing Co investors about its performance. Compeq Manufacturing is selling for under 65.00 as of the 13th of March 2025; that is 1.07 percent decrease since the beginning of the trading day. The stock's lowest day price was 65.0.
With this module, you can estimate the performance of a buy and hold strategy of Compeq Manufacturing Co and determine expected loss or profit from investing in Compeq Manufacturing over a given investment horizon. Check out Compeq Manufacturing Correlation, Compeq Manufacturing Volatility and Compeq Manufacturing Alpha and Beta module to complement your research on Compeq Manufacturing.
Symbol

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

Compeq Manufacturing '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 Compeq Manufacturing'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 Compeq Manufacturing.
0.00
12/13/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/13/2025
0.00
If you would invest  0.00  in Compeq Manufacturing on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Compeq Manufacturing Co or generate 0.0% return on investment in Compeq Manufacturing over 90 days. Compeq Manufacturing is related to or competes with Compal Electronics, Winbond Electronics, Qisda Corp, Macronix International, and Unimicron Technology. Compeq Manufacturing Co., Ltd. manufactures and sells printed-circuit boards in Taiwan, the United States, Asia, Europe,... More

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

Compeq Manufacturing Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Compeq Manufacturing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compeq Manufacturing's standard deviation. In reality, there are many statistical measures that can use Compeq Manufacturing historical prices to predict the future Compeq Manufacturing's volatility.
Hype
Prediction
LowEstimatedHigh
63.2565.0066.75
Details
Intrinsic
Valuation
LowRealHigh
64.0365.7867.53
Details

Compeq Manufacturing Backtested Returns

Compeq Manufacturing secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Compeq Manufacturing Co exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Compeq Manufacturing's Risk Adjusted Performance of 0.0719, downside deviation of 2.11, and Mean Deviation of 1.3 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Compeq Manufacturing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Compeq Manufacturing is expected to be smaller as well. At this point, Compeq Manufacturing has a negative expected return of -0.0146%. Please make sure to confirm Compeq Manufacturing's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Compeq Manufacturing performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.71  

Good predictability

Compeq Manufacturing Co has good predictability. Overlapping area represents the amount of predictability between Compeq Manufacturing time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Compeq Manufacturing price movement. The serial correlation of 0.71 indicates that around 71.0% of current Compeq Manufacturing price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.17
Residual Average0.0
Price Variance2.29

Compeq Manufacturing lagged returns against current returns

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

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

Compeq Manufacturing Lagged Returns

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

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Additional Tools for Compeq Stock Analysis

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