Taiwan Weighted (Taiwan) Market Value

TWII Index   18,936  30.84  0.16%   
Taiwan Weighted's market value is the price at which a share of Taiwan Weighted stock trades on a public exchange. It measures the collective expectations of Taiwan Weighted investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Taiwan Weighted and determine expected loss or profit from investing in Taiwan Weighted over a given investment horizon.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Taiwan Weighted '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 Taiwan Weighted's index 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 Taiwan Weighted.
No Change 0.00  0.0 
In 2 years 11 months and 16 days
If you would invest  0.00  in Taiwan Weighted on March 20, 2021 and sell it all today you would earn a total of 0.00 from holding Taiwan Weighted or generate 0.0% return on investment in Taiwan Weighted over 1080 days.

Taiwan Weighted 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 Taiwan Weighted's index 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 Taiwan Weighted upside and downside potential and time the market with a certain degree of confidence.

Taiwan Weighted Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiwan Weighted's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taiwan Weighted's standard deviation. In reality, there are many statistical measures that can use Taiwan Weighted historical prices to predict the future Taiwan Weighted's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Taiwan Weighted's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Taiwan Weighted in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Taiwan Weighted. Your research has to be compared to or analyzed against Taiwan Weighted's peers to derive any actionable benefits. When done correctly, Taiwan Weighted'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 Taiwan Weighted.

Taiwan Weighted Backtested Returns

Taiwan Weighted owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the index had 0.22% return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Taiwan Weighted, which you can use to evaluate the future volatility of the index. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Taiwan Weighted are completely uncorrelated. By inspecting Taiwan Weighted technical indicators, you can presently evaluate if the expected return of 0.16% will be sustainable into the future.



Excellent reverse predictability

Taiwan Weighted has excellent reverse predictability. Overlapping area represents the amount of predictability between Taiwan Weighted time series from 20th of March 2021 to 11th of September 2022 and 11th of September 2022 to 4th of March 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 Taiwan Weighted price movement. The serial correlation of -0.82 indicates that around 82.0% of current Taiwan Weighted price fluctuation can be explain by its past prices.
Correlation Coefficient-0.82
Spearman Rank Test-0.74
Residual Average0.0
Price Variance906.4 K

Taiwan Weighted lagged returns against current returns

Autocorrelation, which is Taiwan Weighted index'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 Taiwan Weighted's index expected returns. We can calculate the autocorrelation of Taiwan Weighted returns to help us make a trade decision. For example, suppose you find that Taiwan Weighted index 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 stock movement to match the lagging time series.
   Current and Lagged Values   

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

Taiwan Weighted Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Taiwan Weighted in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Taiwan Weighted's short interest history, or implied volatility extrapolated from Taiwan Weighted options trading.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Taiwan Weighted's price analysis, check to measure Taiwan Weighted'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 Taiwan Weighted is operating at the current time. Most of Taiwan Weighted's value examination focuses on studying past and present price action to predict the probability of Taiwan Weighted's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Weighted's price. Additionally, you may evaluate how the addition of Taiwan Weighted to your portfolios can decrease your overall portfolio volatility.
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Taiwan Weighted technical index analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, index market cycles, or different charting patterns.
A focus of Taiwan Weighted technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taiwan Weighted trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...