Lingsen Precision (Taiwan) Market Value

2369 Stock  TWD 17.75  0.35  2.01%   
Lingsen Precision's market value is the price at which a share of Lingsen Precision trades on a public exchange. It measures the collective expectations of Lingsen Precision Industries investors about its performance. Lingsen Precision is selling for under 17.75 as of the 3rd of March 2025; that is 2.01 percent increase since the beginning of the trading day. The stock's lowest day price was 17.0.
With this module, you can estimate the performance of a buy and hold strategy of Lingsen Precision Industries and determine expected loss or profit from investing in Lingsen Precision over a given investment horizon. Check out Lingsen Precision Correlation, Lingsen Precision Volatility and Lingsen Precision Alpha and Beta module to complement your research on Lingsen Precision.
Symbol

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

Lingsen Precision '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 Lingsen Precision'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 Lingsen Precision.
0.00
02/01/2025
No Change 0.00  0.0 
In 31 days
03/03/2025
0.00
If you would invest  0.00  in Lingsen Precision on February 1, 2025 and sell it all today you would earn a total of 0.00 from holding Lingsen Precision Industries or generate 0.0% return on investment in Lingsen Precision over 30 days. Lingsen Precision is related to or competes with Emerging Display, Hannstar Display, Silicon Power, Chief Telecom, Professional Computer, Far EasTone, and Wonderful. Lingsen Precision Industries, Ltd. operates in semiconductor industry in Taiwan, the United States, Europe, Japan, and C... More

Lingsen Precision 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 Lingsen Precision'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 Lingsen Precision Industries upside and downside potential and time the market with a certain degree of confidence.

Lingsen Precision Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lingsen Precision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lingsen Precision's standard deviation. In reality, there are many statistical measures that can use Lingsen Precision historical prices to predict the future Lingsen Precision's volatility.
Hype
Prediction
LowEstimatedHigh
15.8517.4018.95
Details
Intrinsic
Valuation
LowRealHigh
12.5214.0719.14
Details
Naive
Forecast
LowNextHigh
15.2316.7918.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.3117.4118.51
Details

Lingsen Precision Backtested Returns

Lingsen Precision has Sharpe Ratio of -0.0142, which conveys that the firm had a -0.0142 % return per unit of risk over the last 3 months. Lingsen Precision exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lingsen Precision's Mean Deviation of 1.28, standard deviation of 1.56, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lingsen Precision are expected to decrease at a much lower rate. During the bear market, Lingsen Precision is likely to outperform the market. At this point, Lingsen Precision has a negative expected return of -0.0222%. Please make sure to verify Lingsen Precision's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Lingsen Precision performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.64  

Very good reverse predictability

Lingsen Precision Industries has very good reverse predictability. Overlapping area represents the amount of predictability between Lingsen Precision time series from 1st of February 2025 to 16th of February 2025 and 16th 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 Lingsen Precision price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Lingsen Precision price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.46
Residual Average0.0
Price Variance0.12

Lingsen Precision lagged returns against current returns

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

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

Lingsen Precision Lagged Returns

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

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Additional Tools for Lingsen Stock Analysis

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