Holiday Entertainment (Taiwan) Market Value

9943 Stock  TWD 80.10  0.40  0.50%   
Holiday Entertainment's market value is the price at which a share of Holiday Entertainment trades on a public exchange. It measures the collective expectations of Holiday Entertainment Co investors about its performance. Holiday Entertainment is selling for under 80.10 as of the 2nd of March 2025; that is 0.50 percent increase since the beginning of the trading day. The stock's lowest day price was 79.6.
With this module, you can estimate the performance of a buy and hold strategy of Holiday Entertainment Co and determine expected loss or profit from investing in Holiday Entertainment over a given investment horizon. Check out Holiday Entertainment Correlation, Holiday Entertainment Volatility and Holiday Entertainment Alpha and Beta module to complement your research on Holiday Entertainment.
Symbol

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

Holiday Entertainment '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 Holiday Entertainment'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 Holiday Entertainment.
0.00
03/13/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/02/2025
0.00
If you would invest  0.00  in Holiday Entertainment on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Holiday Entertainment Co or generate 0.0% return on investment in Holiday Entertainment over 720 days. Holiday Entertainment is related to or competes with Yulon Finance, Taiwan Secom, Taiwan Shin, Formosa International, and President Chain. Holiday Entertainment Co., Ltd. provides audio-visual and singing equipment in Taiwan More

Holiday Entertainment 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 Holiday Entertainment'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 Holiday Entertainment Co upside and downside potential and time the market with a certain degree of confidence.

Holiday Entertainment Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Holiday Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holiday Entertainment's standard deviation. In reality, there are many statistical measures that can use Holiday Entertainment historical prices to predict the future Holiday Entertainment's volatility.
Hype
Prediction
LowEstimatedHigh
79.6180.1080.59
Details
Intrinsic
Valuation
LowRealHigh
78.8679.3588.11
Details
Naive
Forecast
LowNextHigh
78.8279.3079.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
76.9279.0381.14
Details

Holiday Entertainment Backtested Returns

At this stage we consider Holiday Stock to be very steady. Holiday Entertainment holds Efficiency (Sharpe) Ratio of 0.034, which attests that the entity had a 0.034 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Holiday Entertainment, which you can use to evaluate the volatility of the firm. Please check out Holiday Entertainment's Market Risk Adjusted Performance of (0.55), risk adjusted performance of 0.0344, and Downside Deviation of 0.5571 to validate if the risk estimate we provide is consistent with the expected return of 0.0166%. Holiday Entertainment has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0284, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Holiday Entertainment are expected to decrease at a much lower rate. During the bear market, Holiday Entertainment is likely to outperform the market. Holiday Entertainment right now retains a risk of 0.49%. Please check out Holiday Entertainment downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Holiday Entertainment will be following its current trending patterns.

Auto-correlation

    
  -0.37  

Poor reverse predictability

Holiday Entertainment Co has poor reverse predictability. Overlapping area represents the amount of predictability between Holiday Entertainment time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Holiday Entertainment price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Holiday Entertainment price fluctuation can be explain by its past prices.
Correlation Coefficient-0.37
Spearman Rank Test-0.42
Residual Average0.0
Price Variance18.98

Holiday Entertainment lagged returns against current returns

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

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

Holiday Entertainment Lagged Returns

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

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