Scientech Corp (Taiwan) Market Value

3583 Stock  TWD 322.50  19.00  5.56%   
Scientech Corp's market value is the price at which a share of Scientech Corp trades on a public exchange. It measures the collective expectations of Scientech Corp investors about its performance. Scientech Corp is selling for under 322.50 as of the 3rd of March 2025; that is 5.56% down since the beginning of the trading day. The stock's lowest day price was 321.5.
With this module, you can estimate the performance of a buy and hold strategy of Scientech Corp and determine expected loss or profit from investing in Scientech Corp over a given investment horizon. Check out Scientech Corp Correlation, Scientech Corp Volatility and Scientech Corp Alpha and Beta module to complement your research on Scientech Corp.
Symbol

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

Scientech Corp '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 Scientech Corp'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 Scientech Corp.
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 Scientech Corp on February 1, 2025 and sell it all today you would earn a total of 0.00 from holding Scientech Corp or generate 0.0% return on investment in Scientech Corp over 30 days. Scientech Corp is related to or competes with Foxsemicon Integrated, Phoenix Silicon, FocalTech Systems, Formosa Sumco, and Sitronix Technology. Scientech Corporation supplies products and services for the semiconductor, flat panel display, LED, data storage, scien... More

Scientech Corp 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 Scientech Corp'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 Scientech Corp upside and downside potential and time the market with a certain degree of confidence.

Scientech Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Scientech Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scientech Corp's standard deviation. In reality, there are many statistical measures that can use Scientech Corp historical prices to predict the future Scientech Corp's volatility.
Hype
Prediction
LowEstimatedHigh
320.07322.50324.93
Details
Intrinsic
Valuation
LowRealHigh
239.45241.88354.75
Details
Naive
Forecast
LowNextHigh
329.28331.72334.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
331.72357.40383.08
Details

Scientech Corp Backtested Returns

Scientech Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21 % return per unit of risk over the last 3 months. Scientech Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scientech Corp's Coefficient Of Variation of (906.18), variance of 5.76, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Scientech Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scientech Corp is expected to be smaller as well. At this point, Scientech Corp has a negative expected return of -0.5%. Please make sure to validate Scientech Corp's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Scientech Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.83  

Excellent reverse predictability

Scientech Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Scientech Corp 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 Scientech Corp price movement. The serial correlation of -0.83 indicates that around 83.0% of current Scientech Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.83
Spearman Rank Test-0.4
Residual Average0.0
Price Variance193.65

Scientech Corp lagged returns against current returns

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

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

Scientech Corp Lagged Returns

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

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Additional Tools for Scientech Stock Analysis

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