Taiwan Hon (Taiwan) Market Value

9939 Stock  TWD 166.00  2.00  1.19%   
Taiwan Hon's market value is the price at which a share of Taiwan Hon trades on a public exchange. It measures the collective expectations of Taiwan Hon Chuan investors about its performance. Taiwan Hon is selling for under 166.00 as of the 4th of March 2025; that is 1.19 percent decrease since the beginning of the trading day. The stock's lowest day price was 163.5.
With this module, you can estimate the performance of a buy and hold strategy of Taiwan Hon Chuan and determine expected loss or profit from investing in Taiwan Hon over a given investment horizon. Check out Taiwan Hon Correlation, Taiwan Hon Volatility and Taiwan Hon Alpha and Beta module to complement your research on Taiwan Hon.
Symbol

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

Taiwan Hon '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 Taiwan Hon'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 Taiwan Hon.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/04/2025
0.00
If you would invest  0.00  in Taiwan Hon on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Taiwan Hon Chuan or generate 0.0% return on investment in Taiwan Hon over 720 days. Taiwan Hon is related to or competes with Gloria Material, Winstek Semiconductor, China General, Realtek Semiconductor, Acelon Chemicals, Mechema Chemicals, and DingZing Advanced. Taiwan Hon Chuan Enterprise Co., Ltd. manufactures and sells various packaging materials for the food and beverage indus... More

Taiwan Hon 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 Taiwan Hon'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 Taiwan Hon Chuan upside and downside potential and time the market with a certain degree of confidence.

Taiwan Hon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiwan Hon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiwan Hon's standard deviation. In reality, there are many statistical measures that can use Taiwan Hon historical prices to predict the future Taiwan Hon's volatility.
Hype
Prediction
LowEstimatedHigh
164.74166.00167.26
Details
Intrinsic
Valuation
LowRealHigh
149.40189.39190.65
Details
Naive
Forecast
LowNextHigh
165.62166.89168.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
144.80157.63170.46
Details

Taiwan Hon Chuan Backtested Returns

Taiwan Hon appears to be very steady, given 3 months investment horizon. Taiwan Hon Chuan owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Taiwan Hon Chuan, which you can use to evaluate the volatility of the company. Please review Taiwan Hon's Risk Adjusted Performance of 0.0574, coefficient of variation of 1406.72, and Semi Deviation of 1.18 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Taiwan Hon holds a performance score of 12. The entity has a beta of 0.0792, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Taiwan Hon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Taiwan Hon is expected to be smaller as well. Please check Taiwan Hon's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Taiwan Hon's existing price patterns will revert.

Auto-correlation

    
  -0.18  

Insignificant reverse predictability

Taiwan Hon Chuan has insignificant reverse predictability. Overlapping area represents the amount of predictability between Taiwan Hon time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th 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 Taiwan Hon Chuan price movement. The serial correlation of -0.18 indicates that over 18.0% of current Taiwan Hon price fluctuation can be explain by its past prices.
Correlation Coefficient-0.18
Spearman Rank Test-0.2
Residual Average0.0
Price Variance57.45

Taiwan Hon Chuan lagged returns against current returns

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

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

Taiwan Hon Lagged Returns

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

Also Currently Popular

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 Taiwan Stock Analysis

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