Silergy Corp (Taiwan) Market Value
| 6415 Stock | TWD 414.50 1.50 0.36% |
| 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.
| 04/12/2024 |
| 05/12/2024 |
If you would invest 0.00 in Silergy Corp on April 12, 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 30 days. Silergy Corp is related to or competes with WIN Semiconductors, Visual Photonics, GlobalWafers, Unimicron Technology, and Novatek Microelectronics. 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 | 3.67 | |||
| Information Ratio | 0.0102 | |||
| Maximum Drawdown | 18.3 | |||
| Value At Risk | (5.90) | |||
| Potential Upside | 5.4 |
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 | 0.0283 | |||
| Jensen Alpha | 0.1915 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0104 | |||
| Treynor Ratio | (0.10) |
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
We consider Silergy Corp very steady. Silergy Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0456, which indicates the firm had a 0.0456% 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 validate Silergy Corp's Semi Deviation of 3.6, coefficient of variation of 3089.64, and Risk Adjusted Performance of 0.0283 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Silergy Corp has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -1.09, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Silergy Corp are expected to decrease slowly. On the other hand, during market turmoil, Silergy Corp is expected to outperform it slightly. Silergy Corp right now has a risk of 3.92%. Please validate Silergy Corp coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Silergy Corp will be following its existing price patterns.
Auto-correlation | 0.30 |
Below average predictability
Silergy Corp has below average predictability. Overlapping area represents the amount of predictability between Silergy Corp time series from 12th of April 2024 to 27th of April 2024 and 27th of April 2024 to 12th 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 Silergy Corp price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Silergy Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 114.77 |
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 |
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 Silergy Corp 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, Silergy Corp's short interest history, or implied volatility extrapolated from Silergy Corp options trading.
Thematic Opportunities
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Check out Silergy Corp Correlation, Silergy Corp Volatility and Silergy Corp Alpha and Beta module to complement your research on Silergy Corp. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary 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.
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Silergy Corp 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.