Weblink International (Taiwan) Market Value
| 6776 Stock | TWD 59.00 1.00 1.67% |
| Symbol | Weblink |
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.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in Weblink International on December 30, 2022 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 720 days. Weblink International is related to or competes with Niching Industrial, Dimension Computer, Kworld Computer, Ruentex Development, Symtek Automation, WiseChip Semiconductor, and Novatek Microelectronics. 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.
| Downside Deviation | 1.23 | |||
| Information Ratio | 0.0729 | |||
| Maximum Drawdown | 8.22 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.24 |
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.| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 0.1122 | |||
| Total Risk Alpha | 0.0766 | |||
| Sortino Ratio | 0.0726 | |||
| Treynor Ratio | 3.89 |
Weblink International Backtested Returns
At this stage we consider Weblink Stock to be very steady. Weblink International shows Sharpe Ratio of 0.0929, which attests that the company had a 0.0929% 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 Mean Deviation of 0.7501, market risk adjusted performance of 3.9, and Downside Deviation of 1.23 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Weblink International has a performance score of 7 on a scale of 0 to 100. The firm maintains a market beta of 0.029, which attests to not very significant fluctuations relative to the market. 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 1.24%. 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 | 0.31 |
Below average predictability
Weblink International has below average predictability. Overlapping area represents the amount of predictability between Weblink International time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th 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 0.31 indicates that nearly 31.0% of current Weblink International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 7.14 |
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 |
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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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.