Taoping Stock Market Value
| TAOP Stock | USD 0.30 0.01 3.45% |
| Symbol | Taoping |
Taoping Price To Book Ratio
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taoping. If investors know Taoping will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taoping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.1 | Revenue Per Share | Quarterly Revenue Growth 0.284 | Return On Assets | Return On Equity |
The market value of Taoping is measured differently than its book value, which is the value of Taoping that is recorded on the company's balance sheet. Investors also form their own opinion of Taoping's value that differs from its market value or its book value, called intrinsic value, which is Taoping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taoping's market value can be influenced by many factors that don't directly affect Taoping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taoping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Taoping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taoping'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.
Taoping '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 Taoping'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 Taoping.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Taoping on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Taoping or generate 0.0% return on investment in Taoping over 90 days. Taoping is related to or competes with Global Blue, Bridgeline Digital, Cerberus Cyber, CiT, Zenvia, Datasea, and Aurora Mobile. Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education... More
Taoping 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 Taoping'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 Taoping upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.13 | |||
| Information Ratio | 0.0216 | |||
| Maximum Drawdown | 42.41 | |||
| Value At Risk | (9.68) | |||
| Potential Upside | 10.71 |
Taoping Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taoping's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taoping's standard deviation. In reality, there are many statistical measures that can use Taoping historical prices to predict the future Taoping's volatility.| Risk Adjusted Performance | 0.0134 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.7965 | |||
| Sortino Ratio | 0.0217 | |||
| Treynor Ratio | (0.04) |
Taoping Backtested Returns
Currently, Taoping is out of control. Taoping 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-nine technical indicators for Taoping, which you can use to evaluate the volatility of the company. Please validate Taoping's Semi Deviation of 4.52, risk adjusted performance of 0.0134, and Coefficient Of Variation of 18016.59 to confirm if the risk estimate we provide is consistent with the expected return of 0.0284%. The entity has a beta of -0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Taoping are expected to decrease at a much lower rate. During the bear market, Taoping is likely to outperform the market. Taoping right now has a risk of 6.28%. Please validate Taoping value at risk, as well as the relationship between the skewness and day median price , to decide if Taoping will be following its existing price patterns.
Auto-correlation | -0.06 |
Very weak reverse predictability
Taoping has very weak reverse predictability. Overlapping area represents the amount of predictability between Taoping time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Taoping price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Taoping price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Taoping lagged returns against current returns
Autocorrelation, which is Taoping 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 Taoping's stock expected returns. We can calculate the autocorrelation of Taoping returns to help us make a trade decision. For example, suppose you find that Taoping 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 |
Taoping 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 Taoping stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taoping stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taoping stock over time.
Current vs Lagged Prices |
| Timeline |
Taoping Lagged Returns
When evaluating Taoping's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taoping stock have on its future price. Taoping 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, Taoping autocorrelation shows the relationship between Taoping stock current value and its past values and can show if there is a momentum factor associated with investing in Taoping.
Regressed Prices |
| Timeline |
Additional Tools for Taoping Stock Analysis
When running Taoping's price analysis, check to measure Taoping'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 Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.