Analog Integrations (Taiwan) Market Value
| 6291 Stock | TWD 159.00 3.50 2.25% |
| Symbol | Analog |
Analog Integrations '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 Analog Integrations' 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 Analog Integrations.
| 04/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Analog Integrations on April 23, 2024 and sell it all today you would earn a total of 0.00 from holding Analog Integrations or generate 0.0% return on investment in Analog Integrations over 30 days. Analog Integrations is related to or competes with Taiwan Semiconductor, MediaTek, United Microelectronics, Novatek Microelectronics, Silergy Corp, GlobalWafers, and Realtek Semiconductor. Analog Integrations Corporation, a fabless IC company, designs, manufactures, tests, and markets analog integrated circu... More
Analog Integrations 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 Analog Integrations' 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 Analog Integrations upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 2.25 |
Analog Integrations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Analog Integrations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Analog Integrations' standard deviation. In reality, there are many statistical measures that can use Analog Integrations historical prices to predict the future Analog Integrations' volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.7949 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Analog Integrations' 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.
Analog Integrations Backtested Returns
Analog Integrations secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of standard deviation over the last 3 months. Analog Integrations exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Analog Integrations' risk adjusted performance of (0.13), and Mean Deviation of 1.55 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Analog Integrations are expected to decrease at a much lower rate. During the bear market, Analog Integrations is likely to outperform the market. Analog Integrations has an expected return of -0.4%. Please make sure to confirm Analog Integrations standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Analog Integrations performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.71 |
Good predictability
Analog Integrations has good predictability. Overlapping area represents the amount of predictability between Analog Integrations time series from 23rd of April 2024 to 8th of May 2024 and 8th of May 2024 to 23rd of May 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 Analog Integrations price movement. The serial correlation of 0.71 indicates that around 71.0% of current Analog Integrations price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 6.93 |
Analog Integrations lagged returns against current returns
Autocorrelation, which is Analog Integrations 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 Analog Integrations' stock expected returns. We can calculate the autocorrelation of Analog Integrations returns to help us make a trade decision. For example, suppose you find that Analog Integrations 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 |
Analog Integrations 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 Analog Integrations stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Analog Integrations stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Analog Integrations stock over time.
Current vs Lagged Prices |
| Timeline |
Analog Integrations Lagged Returns
When evaluating Analog Integrations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Analog Integrations stock have on its future price. Analog Integrations 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, Analog Integrations autocorrelation shows the relationship between Analog Integrations stock current value and its past values and can show if there is a momentum factor associated with investing in Analog Integrations.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Analog Integrations Correlation, Analog Integrations Volatility and Analog Integrations Alpha and Beta module to complement your research on Analog Integrations. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Analog Stock analysis
When running Analog Integrations' price analysis, check to measure Analog Integrations' 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 Analog Integrations is operating at the current time. Most of Analog Integrations' value examination focuses on studying past and present price action to predict the probability of Analog Integrations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Analog Integrations' price. Additionally, you may evaluate how the addition of Analog Integrations to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
Analog Integrations technical stock 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, stock market cycles, or different charting patterns.