TA I (Taiwan) Market Value

2478 Stock   46.35  0.65  1.38%   
TA I's market value is the price at which a share of TA I trades on a public exchange. It measures the collective expectations of TA I Technology Co investors about its performance. TA I is selling for under 46.35 as of the 15th of December 2024; that is 1.38 percent decrease since the beginning of the trading day. The stock's lowest day price was 46.0.
With this module, you can estimate the performance of a buy and hold strategy of TA I Technology Co and determine expected loss or profit from investing in TA I over a given investment horizon. Check out TA I Correlation, TA I Volatility and TA I Alpha and Beta module to complement your research on TA I.
Symbol

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

TA I '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 TA I'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 TA I.
0.00
11/15/2024
No Change 0.00  0.0 
In 31 days
12/15/2024
0.00
If you would invest  0.00  in TA I on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding TA I Technology Co or generate 0.0% return on investment in TA I over 30 days. TA I is related to or competes with Walsin Technology, Lelon Electronics, Yageo Corp, Pan Jit, and Greatek Electronics. TAI Technology Co., Ltd. manufactures and supplies chip resistors in Taiwan and internationally. More

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

TA I Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TA I's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TA I's standard deviation. In reality, there are many statistical measures that can use TA I historical prices to predict the future TA I's volatility.
Hype
Prediction
LowEstimatedHigh
45.1946.3547.51
Details
Intrinsic
Valuation
LowRealHigh
41.7247.9549.11
Details
Naive
Forecast
LowNextHigh
44.4145.5746.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
45.6347.4349.23
Details

TA I Technology Backtested Returns

TA I Technology retains Efficiency (Sharpe Ratio) of -0.15, which indicates the company had a -0.15% return per unit of price deviation over the last 3 months. TA I exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TA I's information ratio of (0.22), and Market Risk Adjusted Performance of (0.28) to confirm the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.55, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TA I's returns are expected to increase less than the market. However, during the bear market, the loss of holding TA I is expected to be smaller as well. At this point, TA I Technology has a negative expected return of -0.17%. Please make sure to validate TA I's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if TA I Technology performance from the past will be repeated sooner or later.

Auto-correlation

    
  -0.69  

Very good reverse predictability

TA I Technology Co has very good reverse predictability. Overlapping area represents the amount of predictability between TA I time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 TA I Technology price movement. The serial correlation of -0.69 indicates that around 69.0% of current TA I price fluctuation can be explain by its past prices.
Correlation Coefficient-0.69
Spearman Rank Test-0.69
Residual Average0.0
Price Variance0.74

TA I Technology lagged returns against current returns

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

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

TA I Lagged Returns

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

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Additional Tools for 2478 Stock Analysis

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