VIA Technologies (Taiwan) Market Value

2388 Stock  TWD 108.00  5.00  4.85%   
VIA Technologies' market value is the price at which a share of VIA Technologies trades on a public exchange. It measures the collective expectations of VIA Technologies investors about its performance. VIA Technologies is selling for under 108.00 as of the 5th of December 2024; that is 4.85 percent increase since the beginning of the trading day. The stock's lowest day price was 104.0.
With this module, you can estimate the performance of a buy and hold strategy of VIA Technologies and determine expected loss or profit from investing in VIA Technologies over a given investment horizon. Check out VIA Technologies Correlation, VIA Technologies Volatility and VIA Technologies Alpha and Beta module to complement your research on VIA Technologies.
Symbol

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

VIA Technologies '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 VIA Technologies' 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 VIA Technologies.
0.00
06/08/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/05/2024
0.00
If you would invest  0.00  in VIA Technologies on June 8, 2024 and sell it all today you would earn a total of 0.00 from holding VIA Technologies or generate 0.0% return on investment in VIA Technologies over 180 days. VIA Technologies is related to or competes with United Microelectronics, Silicon Integrated, Winbond Electronics, Macronix International, and Realtek Semiconductor. VIA Technologies, Inc. develops integrated embedded platform and system solutions for artificial intelligence , Internet... More

VIA Technologies 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 VIA Technologies' 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 VIA Technologies upside and downside potential and time the market with a certain degree of confidence.

VIA Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for VIA Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VIA Technologies' standard deviation. In reality, there are many statistical measures that can use VIA Technologies historical prices to predict the future VIA Technologies' volatility.
Hype
Prediction
LowEstimatedHigh
104.68108.00111.32
Details
Intrinsic
Valuation
LowRealHigh
87.4090.72118.80
Details
Naive
Forecast
LowNextHigh
106.88110.20113.52
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
103.01105.56108.10
Details

VIA Technologies Backtested Returns

VIA Technologies retains Efficiency (Sharpe Ratio) of -0.0347, which indicates the firm had a -0.0347% return per unit of volatility over the last 3 months. VIA Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VIA Technologies' standard deviation of 3.33, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VIA Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding VIA Technologies is expected to be smaller as well. At this point, VIA Technologies has a negative expected return of -0.11%. Please make sure to validate VIA Technologies' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if VIA Technologies performance from the past will be repeated in the future.

Auto-correlation

    
  -0.12  

Insignificant reverse predictability

VIA Technologies has insignificant reverse predictability. Overlapping area represents the amount of predictability between VIA Technologies time series from 8th of June 2024 to 6th of September 2024 and 6th of September 2024 to 5th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of VIA Technologies price movement. The serial correlation of -0.12 indicates that less than 12.0% of current VIA Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient-0.12
Spearman Rank Test-0.2
Residual Average0.0
Price Variance137.89

VIA Technologies lagged returns against current returns

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

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

VIA Technologies Lagged Returns

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

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Additional Tools for VIA Stock Analysis

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