Taitien Electronics (Taiwan) Market Value
| 8289 Stock | TWD 25.65 0.25 0.97% |
| Symbol | Taitien |
Taitien Electronics '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 Taitien Electronics' 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 Taitien Electronics.
| 01/10/2025 |
| 03/11/2025 |
If you would invest 0.00 in Taitien Electronics on January 10, 2025 and sell it all today you would earn a total of 0.00 from holding Taitien Electronics Co or generate 0.0% return on investment in Taitien Electronics over 60 days. Taitien Electronics is related to or competes with Evermore Chemical, Ho Tung, Yong Shun, Tehmag Foods, Phoenix Silicon, Prime Oil, and Est Global. Taitien Electronics Co., Ltd. manufactures and sells quartz frequency control components in Taiwan, the United States, E... More
Taitien Electronics 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 Taitien Electronics' 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 Taitien Electronics Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.0915 | |||
| Maximum Drawdown | 14.24 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.76 |
Taitien Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taitien Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taitien Electronics' standard deviation. In reality, there are many statistical measures that can use Taitien Electronics historical prices to predict the future Taitien Electronics' volatility.| Risk Adjusted Performance | 0.0552 | |||
| Jensen Alpha | 0.1176 | |||
| Total Risk Alpha | 0.3337 | |||
| Sortino Ratio | 0.1384 | |||
| Treynor Ratio | (1.26) |
Taitien Electronics Backtested Returns
At this stage we consider Taitien Stock to be very steady. Taitien Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Taitien Electronics Co, which you can use to evaluate the volatility of the company. Please validate Taitien Electronics' Coefficient Of Variation of 1621.51, semi deviation of 1.23, and Risk Adjusted Performance of 0.0552 to confirm if the risk estimate we provide is consistent with the expected return of 2.0E-4%. The entity has a beta of -0.0996, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Taitien Electronics are expected to decrease at a much lower rate. During the bear market, Taitien Electronics is likely to outperform the market. Taitien Electronics right now has a risk of 1.94%. Please validate Taitien Electronics downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Taitien Electronics will be following its existing price patterns.
Auto-correlation | 0.37 |
Below average predictability
Taitien Electronics Co has below average predictability. Overlapping area represents the amount of predictability between Taitien Electronics time series from 10th of January 2025 to 9th of February 2025 and 9th of February 2025 to 11th 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 Taitien Electronics price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Taitien Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
Taitien Electronics lagged returns against current returns
Autocorrelation, which is Taitien Electronics 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 Taitien Electronics' stock expected returns. We can calculate the autocorrelation of Taitien Electronics returns to help us make a trade decision. For example, suppose you find that Taitien Electronics 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 |
Taitien Electronics 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 Taitien Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taitien Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taitien Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Taitien Electronics Lagged Returns
When evaluating Taitien Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taitien Electronics stock have on its future price. Taitien Electronics 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, Taitien Electronics autocorrelation shows the relationship between Taitien Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Taitien Electronics Co.
Regressed Prices |
| Timeline |
Pair Trading with Taitien Electronics
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 Taitien Electronics 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 Taitien Electronics will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Taitien Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taitien Electronics 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 Taitien Electronics - 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 Taitien Electronics Co to buy it.
The correlation of Taitien Electronics 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 Taitien Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taitien Electronics 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 Taitien Electronics 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.Additional Tools for Taitien Stock Analysis
When running Taitien Electronics' price analysis, check to measure Taitien Electronics' 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 Taitien Electronics is operating at the current time. Most of Taitien Electronics' value examination focuses on studying past and present price action to predict the probability of Taitien Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitien Electronics' price. Additionally, you may evaluate how the addition of Taitien Electronics to your portfolios can decrease your overall portfolio volatility.