Leadtek Research (Taiwan) Market Value

2465 Stock  TWD 82.00  5.90  7.75%   
Leadtek Research's market value is the price at which a share of Leadtek Research trades on a public exchange. It measures the collective expectations of Leadtek Research investors about its performance. Leadtek Research is selling for under 82.00 as of the 5th of December 2024; that is 7.75 percent increase since the beginning of the trading day. The stock's lowest day price was 74.4.
With this module, you can estimate the performance of a buy and hold strategy of Leadtek Research and determine expected loss or profit from investing in Leadtek Research over a given investment horizon. Check out Leadtek Research Correlation, Leadtek Research Volatility and Leadtek Research Alpha and Beta module to complement your research on Leadtek Research.
Symbol

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

Leadtek Research '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 Leadtek Research'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 Leadtek Research.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Leadtek Research on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Leadtek Research or generate 0.0% return on investment in Leadtek Research over 30 days. Leadtek Research is related to or competes with Taiwan Semiconductor, Yang Ming, AU Optronics, Nan Ya, and Chunghwa Telecom. Leadtek Research Inc. develops, manufactures, and sells graphics cards worldwide More

Leadtek Research 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 Leadtek Research'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 Leadtek Research upside and downside potential and time the market with a certain degree of confidence.

Leadtek Research Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Leadtek Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leadtek Research's standard deviation. In reality, there are many statistical measures that can use Leadtek Research historical prices to predict the future Leadtek Research's volatility.
Hype
Prediction
LowEstimatedHigh
78.5082.0085.50
Details
Intrinsic
Valuation
LowRealHigh
75.0578.5582.05
Details

Leadtek Research Backtested Returns

Leadtek Research has Sharpe Ratio of -0.0144, which conveys that the firm had a -0.0144% return per unit of risk over the last 3 months. Leadtek Research exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leadtek Research's Standard Deviation of 3.47, mean deviation of 2.35, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Leadtek Research's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leadtek Research is expected to be smaller as well. At this point, Leadtek Research has a negative expected return of -0.0504%. Please make sure to verify Leadtek Research's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Leadtek Research performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.04  

Very weak reverse predictability

Leadtek Research has very weak reverse predictability. Overlapping area represents the amount of predictability between Leadtek Research time series from 5th of November 2024 to 20th of November 2024 and 20th of November 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 Leadtek Research price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Leadtek Research price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test-0.11
Residual Average0.0
Price Variance12.89

Leadtek Research lagged returns against current returns

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

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

Leadtek Research Lagged Returns

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

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Additional Tools for Leadtek Stock Analysis

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