Lee Chi (Taiwan) Market Value

1517 Stock   15.25  1.35  9.71%   
Lee Chi's market value is the price at which a share of Lee Chi trades on a public exchange. It measures the collective expectations of Lee Chi Enterprises investors about its performance. Lee Chi is selling for under 15.25 as of the 12th of December 2024; that is 9.71 percent increase since the beginning of the trading day. The stock's lowest day price was 14.15.
With this module, you can estimate the performance of a buy and hold strategy of Lee Chi Enterprises and determine expected loss or profit from investing in Lee Chi over a given investment horizon. Check out Lee Chi Correlation, Lee Chi Volatility and Lee Chi Alpha and Beta module to complement your research on Lee Chi.
Symbol

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

Lee Chi '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 Lee Chi'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 Lee Chi.
0.00
11/12/2024
No Change 0.00  0.0 
In 30 days
12/12/2024
0.00
If you would invest  0.00  in Lee Chi on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Lee Chi Enterprises or generate 0.0% return on investment in Lee Chi over 30 days. Lee Chi is related to or competes with Feng Tay, Ruentex Development, WiseChip Semiconductor, Novatek Microelectronics, Leader Electronics, Information Technology, and Kinko Optical. Leechi Machinery Industry Ltd. Co. manufactures and sells bicycle components in Taiwan and internationally. More

Lee Chi 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 Lee Chi'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 Lee Chi Enterprises upside and downside potential and time the market with a certain degree of confidence.

Lee Chi Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lee Chi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lee Chi's standard deviation. In reality, there are many statistical measures that can use Lee Chi historical prices to predict the future Lee Chi's volatility.
Hype
Prediction
LowEstimatedHigh
13.7815.2516.72
Details
Intrinsic
Valuation
LowRealHigh
12.4313.9015.37
Details
Naive
Forecast
LowNextHigh
13.8315.3016.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.6714.2914.91
Details

Lee Chi Enterprises Backtested Returns

At this stage we consider Lee Stock to be very steady. Lee Chi Enterprises has Sharpe Ratio of 0.0069, which conveys that the firm had a 0.0069% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Lee Chi, which you can use to evaluate the volatility of the firm. Please verify Lee Chi's Risk Adjusted Performance of 0.0025, standard deviation of 1.45, and Mean Deviation of 0.6714 to check out if the risk estimate we provide is consistent with the expected return of 0.0102%. The company secures a Beta (Market Risk) of -0.0379, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lee Chi are expected to decrease at a much lower rate. During the bear market, Lee Chi is likely to outperform the market. Lee Chi Enterprises right now secures a risk of 1.47%. Please verify Lee Chi Enterprises coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Lee Chi Enterprises will be following its current price movements.

Auto-correlation

    
  0.12  

Insignificant predictability

Lee Chi Enterprises has insignificant predictability. Overlapping area represents the amount of predictability between Lee Chi time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lee Chi Enterprises price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Lee Chi price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test-0.34
Residual Average0.0
Price Variance0.11

Lee Chi Enterprises lagged returns against current returns

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

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

Lee Chi Lagged Returns

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

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Additional Tools for Lee Stock Analysis

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