Walton Advanced (Taiwan) Market Value
| 8110 Stock | TWD 14.45 0.35 2.36% |
| Symbol | Walton |
Walton Advanced '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 Walton Advanced'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 Walton Advanced.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Walton Advanced on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Walton Advanced Engineering or generate 0.0% return on investment in Walton Advanced over 390 days. Walton Advanced is related to or competes with Lingsen Precision, ALi Corp, Sunplus Technology, Altek Corp, and BenQ Materials. Walton Advanced Engineering, Inc. provides memory assembly and testing services in Taiwan and internationally More
Walton Advanced 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 Walton Advanced'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 Walton Advanced Engineering upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 7.35 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.64 |
Walton Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Walton Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Walton Advanced's standard deviation. In reality, there are many statistical measures that can use Walton Advanced historical prices to predict the future Walton Advanced's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.56) |
Walton Advanced Engi Backtested Returns
Walton Advanced Engi shows Sharpe Ratio of -0.17, which attests that the company had a -0.17% return per unit of risk over the last 3 months. Walton Advanced Engi exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Walton Advanced's Mean Deviation of 1.35, market risk adjusted performance of (0.55), and Standard Deviation of 1.7 to validate the risk estimate we provide. The firm maintains a market beta of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Walton Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Walton Advanced is expected to be smaller as well. At this point, Walton Advanced Engi has a negative expected return of -0.28%. Please make sure to check out Walton Advanced's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Walton Advanced Engi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Walton Advanced Engineering has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Walton Advanced time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Walton Advanced Engi price movement. The serial correlation of -0.76 indicates that around 76.0% of current Walton Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 3.01 |
Walton Advanced Engi lagged returns against current returns
Autocorrelation, which is Walton Advanced 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 Walton Advanced's stock expected returns. We can calculate the autocorrelation of Walton Advanced returns to help us make a trade decision. For example, suppose you find that Walton Advanced 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 |
Walton Advanced 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 Walton Advanced stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Walton Advanced stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Walton Advanced stock over time.
Current vs Lagged Prices |
| Timeline |
Walton Advanced Lagged Returns
When evaluating Walton Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Walton Advanced stock have on its future price. Walton Advanced 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, Walton Advanced autocorrelation shows the relationship between Walton Advanced stock current value and its past values and can show if there is a momentum factor associated with investing in Walton Advanced Engineering.
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 Walton Stock Analysis
When running Walton Advanced's price analysis, check to measure Walton Advanced'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 Walton Advanced is operating at the current time. Most of Walton Advanced's value examination focuses on studying past and present price action to predict the probability of Walton Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walton Advanced's price. Additionally, you may evaluate how the addition of Walton Advanced to your portfolios can decrease your overall portfolio volatility.