Taishin Financial (Taiwan) Market Value

2887F Stock  TWD 45.85  0.05  0.11%   
Taishin Financial's market value is the price at which a share of Taishin Financial trades on a public exchange. It measures the collective expectations of Taishin Financial Holding investors about its performance. Taishin Financial is selling for under 45.85 as of the 24th of December 2024; that is 0.11% down since the beginning of the trading day. The stock's last reported lowest price was 45.8.
With this module, you can estimate the performance of a buy and hold strategy of Taishin Financial Holding and determine expected loss or profit from investing in Taishin Financial over a given investment horizon. Check out Taishin Financial Correlation, Taishin Financial Volatility and Taishin Financial Alpha and Beta module to complement your research on Taishin Financial.
Symbol

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

Taishin Financial '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 Taishin Financial'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 Taishin Financial.
0.00
09/25/2024
No Change 0.00  0.0 
In 3 months and 1 day
12/24/2024
0.00
If you would invest  0.00  in Taishin Financial on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Taishin Financial Holding or generate 0.0% return on investment in Taishin Financial over 90 days. Taishin Financial is related to or competes with Mega Financial, Taiwan Cooperative, ESUN Financial, First Financial, Hua Nan, Yuanta Financial, and Sinopac Financial. Taishin Financial Holding Co., Ltd., through its subsidiaries, provides various financial products and services in Taiwa... More

Taishin Financial 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 Taishin Financial'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 Taishin Financial Holding upside and downside potential and time the market with a certain degree of confidence.

Taishin Financial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Taishin Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taishin Financial's standard deviation. In reality, there are many statistical measures that can use Taishin Financial historical prices to predict the future Taishin Financial's volatility.
Hype
Prediction
LowEstimatedHigh
45.6145.8546.09
Details
Intrinsic
Valuation
LowRealHigh
45.6245.8646.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Taishin Financial. Your research has to be compared to or analyzed against Taishin Financial's peers to derive any actionable benefits. When done correctly, Taishin Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Taishin Financial Holding.

Taishin Financial Holding Backtested Returns

Taishin Financial Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0276, which indicates the firm had a -0.0276% return per unit of risk over the last 3 months. Taishin Financial Holding exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taishin Financial's Standard Deviation of 0.2346, information ratio of (0.16), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Taishin Financial are completely uncorrelated. At this point, Taishin Financial Holding has a negative expected return of -0.0065%. Please make sure to validate Taishin Financial's coefficient of variation, variance, total risk alpha, as well as the relationship between the standard deviation and information ratio , to decide if Taishin Financial Holding performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.57  

Good reverse predictability

Taishin Financial Holding has good reverse predictability. Overlapping area represents the amount of predictability between Taishin Financial time series from 25th of September 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Taishin Financial Holding price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Taishin Financial price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test-0.5
Residual Average0.0
Price Variance0.01

Taishin Financial Holding lagged returns against current returns

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

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

Taishin Financial Lagged Returns

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

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Additional Tools for Taishin Stock Analysis

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