Silicon Integrated (Taiwan) Market Value
| 2363 Stock | TWD 69.10 0.10 0.14% |
| Symbol | Silicon |
Silicon Integrated '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 Silicon Integrated'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 Silicon Integrated.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Silicon Integrated on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Silicon Integrated Systems or generate 0.0% return on investment in Silicon Integrated over 30 days. Silicon Integrated is related to or competes with VIA Technologies, Winbond Electronics, Macronix International, Sunplus Technology, and United Microelectronics. Silicon Integrated Systems Corp. operates as an IC design company worldwide More
Silicon Integrated 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 Silicon Integrated'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 Silicon Integrated Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.63 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 15.08 | |||
| Value At Risk | (4.01) | |||
| Potential Upside | 4.01 |
Silicon Integrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silicon Integrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silicon Integrated's standard deviation. In reality, there are many statistical measures that can use Silicon Integrated historical prices to predict the future Silicon Integrated's volatility.| Risk Adjusted Performance | 0.0133 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0135 |
Silicon Integrated Backtested Returns
At this stage we consider Silicon Stock to be very steady. Silicon Integrated owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0319, which indicates the firm had a 0.0319% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Silicon Integrated Systems, which you can use to evaluate the volatility of the company. Please validate Silicon Integrated's Semi Deviation of 2.31, risk adjusted performance of 0.0133, and Coefficient Of Variation of 12692.67 to confirm if the risk estimate we provide is consistent with the expected return of 0.0895%. Silicon Integrated has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. Silicon Integrated returns are very sensitive to returns on the market. As the market goes up or down, Silicon Integrated is expected to follow. Silicon Integrated right now has a risk of 2.81%. Please validate Silicon Integrated semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Silicon Integrated will be following its existing price patterns.
Auto-correlation | 0.72 |
Good predictability
Silicon Integrated Systems has good predictability. Overlapping area represents the amount of predictability between Silicon Integrated time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Silicon Integrated price movement. The serial correlation of 0.72 indicates that around 72.0% of current Silicon Integrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.94 |
Silicon Integrated lagged returns against current returns
Autocorrelation, which is Silicon Integrated 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 Silicon Integrated's stock expected returns. We can calculate the autocorrelation of Silicon Integrated returns to help us make a trade decision. For example, suppose you find that Silicon Integrated 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 |
Silicon Integrated 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 Silicon Integrated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silicon Integrated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silicon Integrated stock over time.
Current vs Lagged Prices |
| Timeline |
Silicon Integrated Lagged Returns
When evaluating Silicon Integrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silicon Integrated stock have on its future price. Silicon Integrated 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, Silicon Integrated autocorrelation shows the relationship between Silicon Integrated stock current value and its past values and can show if there is a momentum factor associated with investing in Silicon Integrated Systems.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Silicon Stock Analysis
When running Silicon Integrated's price analysis, check to measure Silicon Integrated'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 Silicon Integrated is operating at the current time. Most of Silicon Integrated's value examination focuses on studying past and present price action to predict the probability of Silicon Integrated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silicon Integrated's price. Additionally, you may evaluate how the addition of Silicon Integrated to your portfolios can decrease your overall portfolio volatility.