Taiwan Navigation (Taiwan) Market Value

2617 Stock  TWD 32.60  0.05  0.15%   
Taiwan Navigation's market value is the price at which a share of Taiwan Navigation trades on a public exchange. It measures the collective expectations of Taiwan Navigation Co investors about its performance. Taiwan Navigation is selling for under 32.60 as of the 21st of March 2025; that is 0.15 percent increase since the beginning of the trading day. The stock's lowest day price was 32.4.
With this module, you can estimate the performance of a buy and hold strategy of Taiwan Navigation Co and determine expected loss or profit from investing in Taiwan Navigation over a given investment horizon. Check out Taiwan Navigation Correlation, Taiwan Navigation Volatility and Taiwan Navigation Alpha and Beta module to complement your research on Taiwan Navigation.
Symbol

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

Taiwan Navigation '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 Taiwan Navigation'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 Taiwan Navigation.
0.00
12/21/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/21/2025
0.00
If you would invest  0.00  in Taiwan Navigation on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Taiwan Navigation Co or generate 0.0% return on investment in Taiwan Navigation over 90 days. Taiwan Navigation is related to or competes with U Ming, Sincere Navigation, Wan Hai, Chinese Maritime, and Yang Ming. Taiwan Navigation Co., Ltd. provides shipping services in Taiwan More

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

Taiwan Navigation Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiwan Navigation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiwan Navigation's standard deviation. In reality, there are many statistical measures that can use Taiwan Navigation historical prices to predict the future Taiwan Navigation's volatility.
Hype
Prediction
LowEstimatedHigh
31.4732.6033.73
Details
Intrinsic
Valuation
LowRealHigh
30.4831.6132.74
Details
Naive
Forecast
LowNextHigh
30.6031.7232.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.7432.4633.18
Details

Taiwan Navigation Backtested Returns

Taiwan Navigation appears to be very steady, given 3 months investment horizon. Taiwan Navigation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Taiwan Navigation Co, which you can use to evaluate the volatility of the company. Please review Taiwan Navigation's Risk Adjusted Performance of 0.0764, coefficient of variation of 1195.73, and Semi Deviation of 0.884 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Taiwan Navigation holds a performance score of 14. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Taiwan Navigation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Taiwan Navigation is expected to be smaller as well. Please check Taiwan Navigation's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Taiwan Navigation's existing price patterns will revert.

Auto-correlation

    
  -0.42  

Modest reverse predictability

Taiwan Navigation Co has modest reverse predictability. Overlapping area represents the amount of predictability between Taiwan Navigation time series from 21st of December 2024 to 4th of February 2025 and 4th of February 2025 to 21st 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 Taiwan Navigation price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Taiwan Navigation price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test-0.7
Residual Average0.0
Price Variance2.44
Taiwan ReturnsTaiwan Lagged ReturnsDiversified AwayTaiwan ReturnsTaiwan Lagged ReturnsDiversified Away100%

Taiwan Navigation lagged returns against current returns

Autocorrelation, which is Taiwan Navigation 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 Taiwan Navigation's stock expected returns. We can calculate the autocorrelation of Taiwan Navigation returns to help us make a trade decision. For example, suppose you find that Taiwan Navigation 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   
JavaScript chart by amCharts 3.21.15FebFeb 09Feb 14Feb 19Feb 24MarMar 06Mar 11Mar 160%5%10%15%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Taiwan Navigation 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 Taiwan Navigation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taiwan Navigation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taiwan Navigation stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15FebFeb 09Feb 14Feb 19Feb 24MarMar 06Mar 11Mar 162930313233
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Taiwan Navigation Lagged Returns

When evaluating Taiwan Navigation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taiwan Navigation stock have on its future price. Taiwan Navigation 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, Taiwan Navigation autocorrelation shows the relationship between Taiwan Navigation stock current value and its past values and can show if there is a momentum factor associated with investing in Taiwan Navigation Co.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar28.529.029.530.030.531.031.532.032.5
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Additional Tools for Taiwan Stock Analysis

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