Giantec Semiconductor (China) Market Value
| 688123 Stock | 63.29 1.59 2.45% |
| Symbol | Giantec |
Giantec Semiconductor '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 Giantec Semiconductor'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 Giantec Semiconductor.
| 11/29/2024 |
| 12/29/2024 |
If you would invest 0.00 in Giantec Semiconductor on November 29, 2024 and sell it all today you would earn a total of 0.00 from holding Giantec Semiconductor Corp or generate 0.0% return on investment in Giantec Semiconductor over 30 days. Giantec Semiconductor is related to or competes with China Marine, Duzhe Publishing, Shanghai Action, Time Publishing, Zhangjiagang Freetrade, Shandong Publishing, and Southern PublishingMedia. Giantec Semiconductor is entity of China More
Giantec Semiconductor 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 Giantec Semiconductor'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 Giantec Semiconductor Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.81 | |||
| Information Ratio | 0.1344 | |||
| Maximum Drawdown | 28.92 | |||
| Value At Risk | (6.04) | |||
| Potential Upside | 7.07 |
Giantec Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Giantec Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Giantec Semiconductor's standard deviation. In reality, there are many statistical measures that can use Giantec Semiconductor historical prices to predict the future Giantec Semiconductor's volatility.| Risk Adjusted Performance | 0.1207 | |||
| Jensen Alpha | 0.6996 | |||
| Total Risk Alpha | 0.5561 | |||
| Sortino Ratio | 0.1767 | |||
| Treynor Ratio | (3.83) |
Giantec Semiconductor Backtested Returns
Giantec Semiconductor appears to be very steady, given 3 months investment horizon. Giantec Semiconductor holds Efficiency (Sharpe) Ratio of 0.0473, which attests that the entity had a 0.0473% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Giantec Semiconductor, which you can use to evaluate the volatility of the firm. Please utilize Giantec Semiconductor's risk adjusted performance of 0.1207, and Market Risk Adjusted Performance of (3.82) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Giantec Semiconductor holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Giantec Semiconductor are expected to decrease at a much lower rate. During the bear market, Giantec Semiconductor is likely to outperform the market. Please check Giantec Semiconductor's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Giantec Semiconductor's current trending patterns will revert.
Auto-correlation | 0.30 |
Below average predictability
Giantec Semiconductor Corp has below average predictability. Overlapping area represents the amount of predictability between Giantec Semiconductor time series from 29th of November 2024 to 14th of December 2024 and 14th of December 2024 to 29th 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 Giantec Semiconductor price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Giantec Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 2.45 |
Giantec Semiconductor lagged returns against current returns
Autocorrelation, which is Giantec Semiconductor 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 Giantec Semiconductor's stock expected returns. We can calculate the autocorrelation of Giantec Semiconductor returns to help us make a trade decision. For example, suppose you find that Giantec Semiconductor 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 |
Giantec Semiconductor 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 Giantec Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Giantec Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Giantec Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Giantec Semiconductor Lagged Returns
When evaluating Giantec Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Giantec Semiconductor stock have on its future price. Giantec Semiconductor 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, Giantec Semiconductor autocorrelation shows the relationship between Giantec Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Giantec Semiconductor Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Giantec Stock
Giantec Semiconductor financial ratios help investors to determine whether Giantec 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 Giantec with respect to the benefits of owning Giantec Semiconductor security.