SIVERS SEMICONDUCTORS (Germany) Market Value
| 2DG Stock | EUR 0.18 0.03 20.00% |
| Symbol | SIVERS |
SIVERS SEMICONDUCTORS '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 SIVERS SEMICONDUCTORS'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 SIVERS SEMICONDUCTORS.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in SIVERS SEMICONDUCTORS on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding SIVERS SEMICONDUCTORS AB or generate 0.0% return on investment in SIVERS SEMICONDUCTORS over 60 days. SIVERS SEMICONDUCTORS is related to or competes with Mitsubishi Gas, Sunny Optical, Align Technology, Micron Technology, PKSHA TECHNOLOGY, NISSAN CHEMICAL, and Soken Chemical. Sivers Semiconductors AB, through its subsidiaries, develops, manufactures, and sells chips, components, modules, and su... More
SIVERS SEMICONDUCTORS 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 SIVERS SEMICONDUCTORS'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 SIVERS SEMICONDUCTORS AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 52.42 | |||
| Value At Risk | (8.57) | |||
| Potential Upside | 7.14 |
SIVERS SEMICONDUCTORS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIVERS SEMICONDUCTORS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIVERS SEMICONDUCTORS's standard deviation. In reality, there are many statistical measures that can use SIVERS SEMICONDUCTORS historical prices to predict the future SIVERS SEMICONDUCTORS's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.30) | |||
| Total Risk Alpha | (2.33) | |||
| Treynor Ratio | (2.09) |
SIVERS SEMICONDUCTORS Backtested Returns
SIVERS SEMICONDUCTORS owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of standard deviation over the last 3 months. SIVERS SEMICONDUCTORS AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIVERS SEMICONDUCTORS's variance of 53.61, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide. The entity has a beta of 0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SIVERS SEMICONDUCTORS's returns are expected to increase less than the market. However, during the bear market, the loss of holding SIVERS SEMICONDUCTORS is expected to be smaller as well. At this point, SIVERS SEMICONDUCTORS has a negative expected return of -1.13%. Please make sure to validate SIVERS SEMICONDUCTORS's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if SIVERS SEMICONDUCTORS performance from the past will be repeated at some future point.
Auto-correlation | 0.83 |
Very good predictability
SIVERS SEMICONDUCTORS AB has very good predictability. Overlapping area represents the amount of predictability between SIVERS SEMICONDUCTORS time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 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 SIVERS SEMICONDUCTORS price movement. The serial correlation of 0.83 indicates that around 83.0% of current SIVERS SEMICONDUCTORS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
SIVERS SEMICONDUCTORS lagged returns against current returns
Autocorrelation, which is SIVERS SEMICONDUCTORS 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 SIVERS SEMICONDUCTORS's stock expected returns. We can calculate the autocorrelation of SIVERS SEMICONDUCTORS returns to help us make a trade decision. For example, suppose you find that SIVERS SEMICONDUCTORS 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 |
SIVERS SEMICONDUCTORS 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 SIVERS SEMICONDUCTORS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIVERS SEMICONDUCTORS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIVERS SEMICONDUCTORS stock over time.
Current vs Lagged Prices |
| Timeline |
SIVERS SEMICONDUCTORS Lagged Returns
When evaluating SIVERS SEMICONDUCTORS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIVERS SEMICONDUCTORS stock have on its future price. SIVERS SEMICONDUCTORS 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, SIVERS SEMICONDUCTORS autocorrelation shows the relationship between SIVERS SEMICONDUCTORS stock current value and its past values and can show if there is a momentum factor associated with investing in SIVERS SEMICONDUCTORS AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SIVERS Stock
SIVERS SEMICONDUCTORS financial ratios help investors to determine whether SIVERS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SIVERS with respect to the benefits of owning SIVERS SEMICONDUCTORS security.