Foxsemicon Integrated (Taiwan) Market Value

3413 Stock  TWD 308.00  8.00  2.53%   
Foxsemicon Integrated's market value is the price at which a share of Foxsemicon Integrated trades on a public exchange. It measures the collective expectations of Foxsemicon Integrated Technology investors about its performance. Foxsemicon Integrated is selling for under 308.00 as of the 11th of December 2024; that is 2.53 percent decrease since the beginning of the trading day. The stock's lowest day price was 306.5.
With this module, you can estimate the performance of a buy and hold strategy of Foxsemicon Integrated Technology and determine expected loss or profit from investing in Foxsemicon Integrated over a given investment horizon. Check out Foxsemicon Integrated Correlation, Foxsemicon Integrated Volatility and Foxsemicon Integrated Alpha and Beta module to complement your research on Foxsemicon Integrated.
Symbol

Please note, there is a significant difference between Foxsemicon Integrated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foxsemicon Integrated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foxsemicon Integrated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Foxsemicon 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 Foxsemicon 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 Foxsemicon Integrated.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in Foxsemicon Integrated on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Foxsemicon Integrated Technology or generate 0.0% return on investment in Foxsemicon Integrated over 30 days. Foxsemicon Integrated is related to or competes with WIN Semiconductors, GlobalWafers, Novatek Microelectronics, Ruentex Development, WiseChip Semiconductor, Leader Electronics, and Information Technology. Foxsemicon Integrated Technology Inc. provides design and contract manufacturing services for semiconductor and TFT-LCD ... More

Foxsemicon 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 Foxsemicon 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 Foxsemicon Integrated Technology upside and downside potential and time the market with a certain degree of confidence.

Foxsemicon Integrated Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Foxsemicon Integrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foxsemicon Integrated's standard deviation. In reality, there are many statistical measures that can use Foxsemicon Integrated historical prices to predict the future Foxsemicon Integrated's volatility.
Hype
Prediction
LowEstimatedHigh
305.93308.00310.07
Details
Intrinsic
Valuation
LowRealHigh
269.77271.84338.80
Details
Naive
Forecast
LowNextHigh
320.12322.20324.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
303.86314.75325.64
Details

Foxsemicon Integrated Backtested Returns

Foxsemicon Integrated secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Foxsemicon Integrated Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foxsemicon Integrated's Standard Deviation of 2.17, mean deviation of 1.68, and Variance of 4.73 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Foxsemicon Integrated are expected to decrease at a much lower rate. During the bear market, Foxsemicon Integrated is likely to outperform the market. At this point, Foxsemicon Integrated has a negative expected return of -0.25%. Please make sure to confirm Foxsemicon Integrated's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Foxsemicon Integrated performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.11  

Insignificant reverse predictability

Foxsemicon Integrated Technology has insignificant reverse predictability. Overlapping area represents the amount of predictability between Foxsemicon Integrated time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Foxsemicon Integrated price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Foxsemicon Integrated price fluctuation can be explain by its past prices.
Correlation Coefficient-0.11
Spearman Rank Test0.0
Residual Average0.0
Price Variance30.94

Foxsemicon Integrated lagged returns against current returns

Autocorrelation, which is Foxsemicon 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 Foxsemicon Integrated's stock expected returns. We can calculate the autocorrelation of Foxsemicon Integrated returns to help us make a trade decision. For example, suppose you find that Foxsemicon 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  

Foxsemicon 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 Foxsemicon Integrated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foxsemicon Integrated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foxsemicon Integrated stock over time.
   Current vs Lagged Prices   
       Timeline  

Foxsemicon Integrated Lagged Returns

When evaluating Foxsemicon Integrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foxsemicon Integrated stock have on its future price. Foxsemicon 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, Foxsemicon Integrated autocorrelation shows the relationship between Foxsemicon Integrated stock current value and its past values and can show if there is a momentum factor associated with investing in Foxsemicon Integrated Technology.
   Regressed Prices   
       Timeline  

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Additional Tools for Foxsemicon Stock Analysis

When running Foxsemicon Integrated's price analysis, check to measure Foxsemicon 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 Foxsemicon Integrated is operating at the current time. Most of Foxsemicon Integrated's value examination focuses on studying past and present price action to predict the probability of Foxsemicon 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 Foxsemicon Integrated's price. Additionally, you may evaluate how the addition of Foxsemicon Integrated to your portfolios can decrease your overall portfolio volatility.