Foxconn Technology (Taiwan) Market Value

2354 Stock  TWD 76.30  1.90  2.43%   
Foxconn Technology's market value is the price at which a share of Foxconn Technology trades on a public exchange. It measures the collective expectations of Foxconn Technology Co investors about its performance. Foxconn Technology is selling for under 76.30 as of the 3rd of March 2025; that is 2.43 percent decrease since the beginning of the trading day. The stock's lowest day price was 76.2.
With this module, you can estimate the performance of a buy and hold strategy of Foxconn Technology Co and determine expected loss or profit from investing in Foxconn Technology over a given investment horizon. Check out Foxconn Technology Correlation, Foxconn Technology Volatility and Foxconn Technology Alpha and Beta module to complement your research on Foxconn Technology.
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Please note, there is a significant difference between Foxconn Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foxconn Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foxconn Technology'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.

Foxconn Technology '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 Foxconn Technology'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 Foxconn Technology.
0.00
01/02/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/03/2025
0.00
If you would invest  0.00  in Foxconn Technology on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Foxconn Technology Co or generate 0.0% return on investment in Foxconn Technology over 60 days. Foxconn Technology is related to or competes with Hon Hai, Pegatron Corp, MediaTek, and Hon Hai. Foxconn Technology Co., Ltd. produces and sells metal casings, parts, and components More

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

Foxconn Technology Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Foxconn Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foxconn Technology's standard deviation. In reality, there are many statistical measures that can use Foxconn Technology historical prices to predict the future Foxconn Technology's volatility.
Hype
Prediction
LowEstimatedHigh
74.1476.3078.46
Details
Intrinsic
Valuation
LowRealHigh
63.2665.4183.93
Details
Naive
Forecast
LowNextHigh
77.2679.4281.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
72.2175.9479.66
Details

Foxconn Technology Backtested Returns

Foxconn Technology secures Sharpe Ratio (or Efficiency) of -0.0322, which denotes the company had a -0.0322 % return per unit of risk over the last 3 months. Foxconn Technology Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foxconn Technology's Variance of 4.67, standard deviation of 2.16, and Mean Deviation of 1.67 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0556, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Foxconn Technology are expected to decrease at a much lower rate. During the bear market, Foxconn Technology is likely to outperform the market. At this point, Foxconn Technology has a negative expected return of -0.0702%. Please make sure to confirm Foxconn Technology's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Foxconn Technology performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.30  

Below average predictability

Foxconn Technology Co has below average predictability. Overlapping area represents the amount of predictability between Foxconn Technology time series from 2nd of January 2025 to 1st of February 2025 and 1st of February 2025 to 3rd 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 Foxconn Technology price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Foxconn Technology price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test0.36
Residual Average0.0
Price Variance3.93

Foxconn Technology lagged returns against current returns

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

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

Foxconn Technology Lagged Returns

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

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Additional Tools for Foxconn Stock Analysis

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