Shih Wei (Taiwan) Market Value
| 5608 Stock | TWD 20.50 0.70 3.30% |
| Symbol | Shih |
Shih Wei '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 Shih Wei'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 Shih Wei.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Shih Wei on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Shih Wei Navigation or generate 0.0% return on investment in Shih Wei over 90 days. Shih Wei is related to or competes with Sincere Navigation, U Ming, Taiwan Navigation, Wan Hai, and Yang Ming. Shih Wei Navigation Co., Ltd. operates as a dry cargo shipping company in Taiwan More
Shih Wei 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 Shih Wei'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 Shih Wei Navigation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.1686 | |||
| Maximum Drawdown | 13.34 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.65 |
Shih Wei Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shih Wei's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shih Wei's standard deviation. In reality, there are many statistical measures that can use Shih Wei historical prices to predict the future Shih Wei's volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | 0.3311 | |||
| Total Risk Alpha | 0.6471 | |||
| Sortino Ratio | 0.2433 | |||
| Treynor Ratio | 0.5784 |
Shih Wei Navigation Backtested Returns
Shih Wei appears to be very steady, given 3 months investment horizon. Shih Wei Navigation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shih Wei Navigation, which you can use to evaluate the volatility of the company. Please review Shih Wei's Coefficient Of Variation of 852.29, risk adjusted performance of 0.1043, and Semi Deviation of 1.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shih Wei holds a performance score of 11. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shih Wei's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shih Wei is expected to be smaller as well. Please check Shih Wei's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Shih Wei's existing price patterns will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
Shih Wei Navigation has excellent reverse predictability. Overlapping area represents the amount of predictability between Shih Wei time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Shih Wei Navigation price movement. The serial correlation of -0.81 indicates that around 81.0% of current Shih Wei price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 5.67 |
Shih Wei Navigation lagged returns against current returns
Autocorrelation, which is Shih Wei 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 Shih Wei's stock expected returns. We can calculate the autocorrelation of Shih Wei returns to help us make a trade decision. For example, suppose you find that Shih Wei 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 |
Shih Wei 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 Shih Wei stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shih Wei stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shih Wei stock over time.
Current vs Lagged Prices |
| Timeline |
Shih Wei Lagged Returns
When evaluating Shih Wei's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shih Wei stock have on its future price. Shih Wei 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, Shih Wei autocorrelation shows the relationship between Shih Wei stock current value and its past values and can show if there is a momentum factor associated with investing in Shih Wei Navigation.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Shih Stock Analysis
When running Shih Wei's price analysis, check to measure Shih Wei'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 Shih Wei is operating at the current time. Most of Shih Wei's value examination focuses on studying past and present price action to predict the probability of Shih Wei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shih Wei's price. Additionally, you may evaluate how the addition of Shih Wei to your portfolios can decrease your overall portfolio volatility.