E Ink (Taiwan) Market Value

8069 Stock  TWD 283.50  2.50  0.87%   
E Ink's market value is the price at which a share of E Ink trades on a public exchange. It measures the collective expectations of E Ink Holdings investors about its performance. E Ink is selling for under 283.50 as of the 5th of March 2025; that is 0.87 percent down since the beginning of the trading day. The stock's lowest day price was 277.0.
With this module, you can estimate the performance of a buy and hold strategy of E Ink Holdings and determine expected loss or profit from investing in E Ink over a given investment horizon. Check out E Ink Correlation, E Ink Volatility and E Ink Alpha and Beta module to complement your research on E Ink.
Symbol

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

E Ink '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 E Ink'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 E Ink.
0.00
02/03/2025
No Change 0.00  0.0 
In 30 days
03/05/2025
0.00
If you would invest  0.00  in E Ink on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding E Ink Holdings or generate 0.0% return on investment in E Ink over 30 days. E Ink is related to or competes with Unimicron Technology, Innolux Corp, Delta Electronics, Novatek Microelectronics, and LARGAN Precision. More

E Ink 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 E Ink'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 E Ink Holdings upside and downside potential and time the market with a certain degree of confidence.

E Ink Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for E Ink's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E Ink's standard deviation. In reality, there are many statistical measures that can use E Ink historical prices to predict the future E Ink's volatility.
Hype
Prediction
LowEstimatedHigh
280.93283.50286.07
Details
Intrinsic
Valuation
LowRealHigh
261.77264.34311.85
Details
Naive
Forecast
LowNextHigh
284.68287.26289.83
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
257.61274.34291.07
Details

E Ink Holdings Backtested Returns

At this stage we consider 8069 Stock to be very steady. E Ink Holdings secures Sharpe Ratio (or Efficiency) of 0.0139, which denotes the company had a 0.0139 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for E Ink Holdings, which you can use to evaluate the volatility of the entity. Please confirm E Ink's downside deviation of 2.54, and Mean Deviation of 1.74 to check if the risk estimate we provide is consistent with the expected return of 0.0357%. E Ink has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0709, which means not very significant fluctuations relative to the market. As returns on the market increase, E Ink's returns are expected to increase less than the market. However, during the bear market, the loss of holding E Ink is expected to be smaller as well. E Ink Holdings today shows a risk of 2.57%. Please confirm E Ink Holdings downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if E Ink Holdings will be following its price patterns.

Auto-correlation

    
  0.49  

Average predictability

E Ink Holdings has average predictability. Overlapping area represents the amount of predictability between E Ink time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 E Ink Holdings price movement. The serial correlation of 0.49 indicates that about 49.0% of current E Ink price fluctuation can be explain by its past prices.
Correlation Coefficient0.49
Spearman Rank Test-0.12
Residual Average0.0
Price Variance17.56

E Ink Holdings lagged returns against current returns

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

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

E Ink Lagged Returns

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

Pair Trading with E Ink

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if E Ink position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in E Ink will appreciate offsetting losses from the drop in the long position's value.

Moving against 8069 Stock

  0.522308 Delta ElectronicsPairCorr
The ability to find closely correlated positions to E Ink could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E Ink when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back E Ink - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling E Ink Holdings to buy it.
The correlation of E Ink is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as E Ink moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E Ink Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for E Ink can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for 8069 Stock Analysis

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