Weblink International (Taiwan) Market Value

6776 Stock  TWD 59.20  0.10  0.17%   
Weblink International's market value is the price at which a share of Weblink International trades on a public exchange. It measures the collective expectations of Weblink International investors about its performance. Weblink International is selling for under 59.20 as of the 24th of December 2024; that is 0.17 percent increase since the beginning of the trading day. The stock's lowest day price was 59.1.
With this module, you can estimate the performance of a buy and hold strategy of Weblink International and determine expected loss or profit from investing in Weblink International over a given investment horizon. Check out Weblink International Correlation, Weblink International Volatility and Weblink International Alpha and Beta module to complement your research on Weblink International.
Symbol

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

Weblink International '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 Weblink International'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 Weblink International.
0.00
11/24/2024
No Change 0.00  0.0 
In 30 days
12/24/2024
0.00
If you would invest  0.00  in Weblink International on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Weblink International or generate 0.0% return on investment in Weblink International over 30 days. Weblink International is related to or competes with GrandTech, Answer Technology, Xander International, MetaTech, Niching Industrial, and Sentronic International. Weblink International, Inc. owns and operates stores that sell software and information technology products in Taiwan More

Weblink International 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 Weblink International'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 Weblink International upside and downside potential and time the market with a certain degree of confidence.

Weblink International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Weblink International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Weblink International's standard deviation. In reality, there are many statistical measures that can use Weblink International historical prices to predict the future Weblink International's volatility.
Hype
Prediction
LowEstimatedHigh
57.9559.2060.45
Details
Intrinsic
Valuation
LowRealHigh
57.2558.5059.75
Details

Weblink International Backtested Returns

At this stage we consider Weblink Stock to be very steady. Weblink International shows Sharpe Ratio of 0.0555, which attests that the company had a 0.0555% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Weblink International, which you can use to evaluate the volatility of the company. Please check out Weblink International's Downside Deviation of 1.27, market risk adjusted performance of 0.1978, and Mean Deviation of 0.7576 to validate if the risk estimate we provide is consistent with the expected return of 0.0696%. Weblink International has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Weblink International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Weblink International is expected to be smaller as well. Weblink International right now maintains a risk of 1.25%. Please check out Weblink International downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Weblink International will be following its historical returns.

Auto-correlation

    
  -0.57  

Good reverse predictability

Weblink International has good reverse predictability. Overlapping area represents the amount of predictability between Weblink International time series from 24th of November 2024 to 9th of December 2024 and 9th of December 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 Weblink International price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Weblink International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test0.18
Residual Average0.0
Price Variance0.34

Weblink International lagged returns against current returns

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

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

Weblink International Lagged Returns

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

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Additional Tools for Weblink Stock Analysis

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