Taiwan Wtd (Taiwan) Market Value

TWII -  Taiwan Index  

 17,503  255.87  1.48%

Taiwan Wtd's market value is the price at which a share of Taiwan Wtd stock trades on a public exchange. It measures the collective expectations of Taiwan Wtd investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Taiwan Wtd and determine expected loss or profit from investing in Taiwan Wtd over a given investment horizon. Check out Taiwan Wtd Hype Analysis, Taiwan Wtd Correlation, Portfolio Optimization, Taiwan Wtd Volatility, as well as analyze Taiwan Wtd Alpha and Beta and Taiwan Wtd Performance.
Symbol
Backtest

Please note, there is a significant difference between Taiwan Wtd's value and its price as these two are different measures arrived at by different means. Investors typically determine Taiwan Wtd value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taiwan Wtd'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 Wtd '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 Wtd's index 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 Wtd.
0.00
07/03/2021
No Change 0.00  0.0 
In 31 days
08/02/2021
0.00
If you would invest  0.00  in Taiwan Wtd on July 3, 2021 and sell it all today you would earn a total of 0.00 from holding Taiwan Wtd or generate 0.0% return on investment in Taiwan Wtd over 30 days.

Taiwan Wtd 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 Wtd's index 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 Wtd upside and downside potential and time the market with a certain degree of confidence.

Taiwan Wtd Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiwan Wtd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiwan Wtd's standard deviation. In reality, there are many statistical measures that can use Taiwan Wtd historical prices to predict the future Taiwan Wtd's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Taiwan Wtd's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Taiwan Wtd in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
17,50217,50317,504
Details
Intrinsic
Valuation
LowReal ValueHigh
17,17717,17819,254
Details
Naive
Forecast
LowNext ValueHigh
16,97616,97816,979
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17,17817,64118,104
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Taiwan Wtd. Your research has to be compared to or analyzed against Taiwan Wtd's peers to derive any actionable benefits. When done correctly, Taiwan Wtd's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Taiwan Wtd.

Taiwan Wtd Backtested Returns

Taiwan Wtd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0529, which indicates the index had 0.0529% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Taiwan Wtd, which you can use to evaluate the future volatility of the index.
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. Let's try to break down what Taiwan's beta means in this case. the returns on MARKET and Taiwan Wtd are completely uncorrelated. Although it is extremely important to respect Taiwan Wtd current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Taiwan Wtd technical indicators, you can presently evaluate if the expected return of 0.0608% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.32)   

Poor reverse predictability

Taiwan Wtd has poor reverse predictability. Overlapping area represents the amount of predictability between Taiwan Wtd time series from 3rd of July 2021 to 18th of July 2021 and 18th of July 2021 to 2nd of August 2021. 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 Wtd price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Taiwan Wtd price fluctuation can be explain by its past prices. Given that Taiwan Wtd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Taiwan Wtd for similar time interval.
Correlation Coefficient-0.32
Spearman Rank Test0.3
Residual Average0.0
Price Variance32698.28

Taiwan Wtd lagged returns against current returns

Autocorrelation, which is Taiwan Wtd index'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 Wtd's index expected returns. We can calculate the autocorrelation of Taiwan Wtd returns to help us make a trade decision. For example, suppose you find that Taiwan Wtd index 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

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

Taiwan Wtd Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Taiwan Wtd without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Taiwan Wtd Hype Analysis, Taiwan Wtd Correlation, Portfolio Optimization, Taiwan Wtd Volatility, as well as analyze Taiwan Wtd Alpha and Beta and Taiwan Wtd Performance. Note that the Taiwan Wtd information on this page should be used as a complementary analysis to other Taiwan Wtd's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Other Tools for Taiwan Index

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