VIA Labs (Taiwan) Market Value

6756 Stock  TWD 125.00  2.00  1.57%   
VIA Labs' market value is the price at which a share of VIA Labs trades on a public exchange. It measures the collective expectations of VIA Labs investors about its performance. VIA Labs is selling for under 125.00 as of the 23rd of December 2024; that is 1.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 124.5.
With this module, you can estimate the performance of a buy and hold strategy of VIA Labs and determine expected loss or profit from investing in VIA Labs over a given investment horizon. Check out VIA Labs Correlation, VIA Labs Volatility and VIA Labs Alpha and Beta module to complement your research on VIA Labs.
Symbol

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

VIA Labs '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 VIA Labs' 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 VIA Labs.
0.00
06/26/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/23/2024
0.00
If you would invest  0.00  in VIA Labs on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding VIA Labs or generate 0.0% return on investment in VIA Labs over 180 days. VIA Labs is related to or competes with Quanta Computer, Wiwynn Corp, Getac Technology, InnoDisk, IEI Integration, and AAEON Technology. VIA Labs, Inc. engages in the research, design, manufacture, and sale of USB and USB power delivery controllers for mult... More

VIA Labs 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 VIA Labs' 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 VIA Labs upside and downside potential and time the market with a certain degree of confidence.

VIA Labs Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for VIA Labs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VIA Labs' standard deviation. In reality, there are many statistical measures that can use VIA Labs historical prices to predict the future VIA Labs' volatility.
Hype
Prediction
LowEstimatedHigh
122.58125.00127.42
Details
Intrinsic
Valuation
LowRealHigh
115.71118.12137.50
Details

VIA Labs Backtested Returns

VIA Labs retains Efficiency (Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of volatility over the last 3 months. VIA Labs exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VIA Labs' standard deviation of 2.42, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning VIA Labs are expected to decrease at a much lower rate. During the bear market, VIA Labs is likely to outperform the market. At this point, VIA Labs has a negative expected return of -0.46%. Please make sure to validate VIA Labs' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if VIA Labs performance from the past will be repeated in the future.

Auto-correlation

    
  0.79  

Good predictability

VIA Labs has good predictability. Overlapping area represents the amount of predictability between VIA Labs time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd 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 VIA Labs price movement. The serial correlation of 0.79 indicates that around 79.0% of current VIA Labs price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.73
Residual Average0.0
Price Variance388.91

VIA Labs lagged returns against current returns

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

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

VIA Labs Lagged Returns

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

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Additional Tools for VIA Stock Analysis

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