owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0281 which indicates the organization had 0.0281% of return per unit of risk over the last 3 months. Our philosophy towards measuring 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-eight technical indicators
for Taiwan Wtd which you can use to evaluate future volatility of the index. The entity has beta of 0.0 which indicates the returns on MARKET and Taiwan Wtd are completely uncorrelated. Although it is extremely important to respect Taiwan Wtd
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting Taiwan Wtd technical indicators
you can presently evaluate if the expected return of 0.0191% will be sustainable into the future.
Taiwan Wtd has average predictability. Overlapping area represents the amount of predictability between Taiwan Wtd time series from June 19, 2019 to August 3, 2019 and August 3, 2019 to September 17, 2019. 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 Wtd price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Taiwan Wtd price fluctuation can be explain by its past prices.