Wieson Technologies (Taiwan) Market Value
| 6272 Stock | TWD 51.20 0.80 1.54% |
| Symbol | Wieson |
Wieson Technologies '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 Wieson Technologies' 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 Wieson Technologies.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Wieson Technologies on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Wieson Technologies Co or generate 0.0% return on investment in Wieson Technologies over 90 days. Wieson Technologies is related to or competes with Promise Technology, ThinTech Materials, Kinsus Interconnect, Asmedia Technology, Acelon Chemicals, Double Bond, and Simplo Technology. More
Wieson Technologies 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 Wieson Technologies' 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 Wieson Technologies Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.2 | |||
| Information Ratio | 0.1449 | |||
| Maximum Drawdown | 77.64 | |||
| Value At Risk | (4.71) | |||
| Potential Upside | 9.71 |
Wieson Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wieson Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wieson Technologies' standard deviation. In reality, there are many statistical measures that can use Wieson Technologies historical prices to predict the future Wieson Technologies' volatility.| Risk Adjusted Performance | 0.1579 | |||
| Jensen Alpha | 1.51 | |||
| Total Risk Alpha | 0.1779 | |||
| Sortino Ratio | 0.4399 | |||
| Treynor Ratio | 7.77 |
Wieson Technologies Backtested Returns
Wieson Technologies is not too volatile given 3 months investment horizon. Wieson Technologies shows Sharpe Ratio of 0.17, which attests that the company had a 0.17 % return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.69% are justified by taking the suggested risk. Use Wieson Technologies Co Mean Deviation of 3.99, downside deviation of 3.2, and Market Risk Adjusted Performance of 7.78 to evaluate company specific risk that cannot be diversified away. Wieson Technologies holds a performance score of 13 on a scale of zero to a hundred. The firm maintains a market beta of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wieson Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Wieson Technologies is expected to be smaller as well. Use Wieson Technologies Co semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on Wieson Technologies Co.
Auto-correlation | 0.63 |
Good predictability
Wieson Technologies Co has good predictability. Overlapping area represents the amount of predictability between Wieson Technologies time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wieson Technologies price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Wieson Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 66.83 |
Wieson Technologies lagged returns against current returns
Autocorrelation, which is Wieson Technologies 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 Wieson Technologies' stock expected returns. We can calculate the autocorrelation of Wieson Technologies returns to help us make a trade decision. For example, suppose you find that Wieson Technologies 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 |
Wieson Technologies 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 Wieson Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wieson Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wieson Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Wieson Technologies Lagged Returns
When evaluating Wieson Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wieson Technologies stock have on its future price. Wieson Technologies 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, Wieson Technologies autocorrelation shows the relationship between Wieson Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Wieson Technologies Co.
Regressed Prices |
| Timeline |
Pair Trading with Wieson Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wieson Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wieson Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Wieson Stock
Moving against Wieson Stock
| 0.91 | 910322 | Tingyi Holding Corp | PairCorr |
| 0.78 | 2882B | Cathay Financial Holding | PairCorr |
| 0.63 | 2881B | Fubon Financial Holding | PairCorr |
| 0.58 | 2882A | Cathay Financial Holding | PairCorr |
| 0.56 | 9904 | Pou Chen Corp | PairCorr |
The ability to find closely correlated positions to Wieson Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wieson Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wieson Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wieson Technologies Co to buy it.
The correlation of Wieson Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wieson Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wieson Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wieson Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Wieson Stock Analysis
When running Wieson Technologies' price analysis, check to measure Wieson Technologies' 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 Wieson Technologies is operating at the current time. Most of Wieson Technologies' value examination focuses on studying past and present price action to predict the probability of Wieson Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wieson Technologies' price. Additionally, you may evaluate how the addition of Wieson Technologies to your portfolios can decrease your overall portfolio volatility.