Silergy Corp (Taiwan) Market Value
| 6415 Stock | TWD 461.50 9.50 2.02% |
| Symbol | Silergy |
Silergy Corp '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 Silergy Corp'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 Silergy Corp.
| 03/07/2024 |
| 06/05/2024 |
If you would invest 0.00 in Silergy Corp on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding Silergy Corp or generate 0.0% return on investment in Silergy Corp over 90 days. Silergy Corp is related to or competes with Taiwan Semiconductor, MediaTek, United Microelectronics, Novatek Microelectronics, GlobalWafers, and Realtek Semiconductor. Silergy Corp. engages in the research, design, development, and sales of analog and mixed-digital integrated circuit pro... More
Silergy Corp 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 Silergy Corp'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 Silergy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.74 | |||
| Information Ratio | 0.0525 | |||
| Maximum Drawdown | 18.3 | |||
| Value At Risk | (6.81) | |||
| Potential Upside | 8.88 |
Silergy Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silergy Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silergy Corp's standard deviation. In reality, there are many statistical measures that can use Silergy Corp historical prices to predict the future Silergy Corp's volatility.| Risk Adjusted Performance | 0.0441 | |||
| Jensen Alpha | 0.237 | |||
| Total Risk Alpha | 0.1674 | |||
| Sortino Ratio | 0.0594 | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Silergy Corp'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.
Silergy Corp Backtested Returns
Silergy Corp appears to be very steady, given 3 months investment horizon. Silergy Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0856, which indicates the firm had a 0.0856% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Silergy Corp, which you can use to evaluate the volatility of the company. Please review Silergy Corp's Coefficient Of Variation of 1752.88, semi deviation of 3.6, and Risk Adjusted Performance of 0.0441 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silergy Corp holds a performance score of 6. The entity has a beta of -0.58, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Silergy Corp are expected to decrease at a much lower rate. During the bear market, Silergy Corp is likely to outperform the market. Please check Silergy Corp's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Silergy Corp's existing price patterns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Silergy Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Silergy Corp time series from 7th of March 2024 to 21st of April 2024 and 21st of April 2024 to 5th of June 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 Silergy Corp price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Silergy Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 1581.0 |
Silergy Corp lagged returns against current returns
Autocorrelation, which is Silergy Corp 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 Silergy Corp's stock expected returns. We can calculate the autocorrelation of Silergy Corp returns to help us make a trade decision. For example, suppose you find that Silergy Corp 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 |
Silergy Corp 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 Silergy Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silergy Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silergy Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Silergy Corp Lagged Returns
When evaluating Silergy Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silergy Corp stock have on its future price. Silergy Corp 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, Silergy Corp autocorrelation shows the relationship between Silergy Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Silergy Corp.
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 Silergy Stock Analysis
When running Silergy Corp's price analysis, check to measure Silergy Corp'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 Silergy Corp is operating at the current time. Most of Silergy Corp's value examination focuses on studying past and present price action to predict the probability of Silergy Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silergy Corp's price. Additionally, you may evaluate how the addition of Silergy Corp to your portfolios can decrease your overall portfolio volatility.