Flytech Technology (Taiwan) Market Value

6206 Stock  TWD 152.50  10.50  6.44%   
Flytech Technology's market value is the price at which a share of Flytech Technology trades on a public exchange. It measures the collective expectations of Flytech Technology Co investors about its performance. Flytech Technology is selling for under 152.50 as of the 3rd of March 2025; that is 6.44 percent decrease since the beginning of the trading day. The stock's lowest day price was 147.0.
With this module, you can estimate the performance of a buy and hold strategy of Flytech Technology Co and determine expected loss or profit from investing in Flytech Technology over a given investment horizon. Check out Flytech Technology Correlation, Flytech Technology Volatility and Flytech Technology Alpha and Beta module to complement your research on Flytech Technology.
Symbol

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

Flytech Technology '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 Flytech Technology'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 Flytech Technology.
0.00
03/14/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/03/2025
0.00
If you would invest  0.00  in Flytech Technology on March 14, 2023 and sell it all today you would earn a total of 0.00 from holding Flytech Technology Co or generate 0.0% return on investment in Flytech Technology over 720 days. Flytech Technology is related to or competes with Advantech, Posiflex Technology, IEI Integration, Topco Scientific, and Aten International. Flytech Technology Co., Ltd. develops, manufactures, and sells industrial computers and peripherals in Taiwan and intern... More

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

Flytech Technology Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Flytech Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flytech Technology's standard deviation. In reality, there are many statistical measures that can use Flytech Technology historical prices to predict the future Flytech Technology's volatility.
Hype
Prediction
LowEstimatedHigh
149.21152.50155.79
Details
Intrinsic
Valuation
LowRealHigh
136.54139.82167.75
Details
Naive
Forecast
LowNextHigh
147.06150.35153.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
62.38122.58182.78
Details

Flytech Technology Backtested Returns

Flytech Technology is very steady given 3 months investment horizon. Flytech Technology secures Sharpe Ratio (or Efficiency) of 0.35, which denotes the company had a 0.35 % return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Flytech Technology Coefficient Of Variation of 303.45, downside deviation of 1.91, and Mean Deviation of 2.07 to evaluate company specific risk that cannot be diversified away. Flytech Technology holds a performance score of 27 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.66, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Flytech Technology are expected to decrease at a much lower rate. During the bear market, Flytech Technology is likely to outperform the market. Use Flytech Technology total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Flytech Technology.

Auto-correlation

    
  0.18  

Very weak predictability

Flytech Technology Co has very weak predictability. Overlapping area represents the amount of predictability between Flytech Technology time series from 14th of March 2023 to 8th of March 2024 and 8th of March 2024 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 Flytech Technology price movement. The serial correlation of 0.18 indicates that over 18.0% of current Flytech Technology price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test-0.1
Residual Average0.0
Price Variance263.74

Flytech Technology lagged returns against current returns

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

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

Flytech Technology Lagged Returns

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

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