Indie Semiconductor Stock Market Value
| INDI Stock | USD 5.00 0.03 0.60% |
| Symbol | Indie |
indie Semiconductor Price To Book Ratio
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Indie Semiconductor. If investors know Indie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Indie Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 1.357 | Quarterly Revenue Growth (0.11) | Return On Assets (0.11) | Return On Equity (0.28) |
The market value of indie Semiconductor is measured differently than its book value, which is the value of Indie that is recorded on the company's balance sheet. Investors also form their own opinion of Indie Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Indie Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Indie Semiconductor's market value can be influenced by many factors that don't directly affect Indie Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Indie Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indie Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indie Semiconductor'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.
Indie 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 Indie 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 Indie Semiconductor.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Indie Semiconductor on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding indie Semiconductor or generate 0.0% return on investment in Indie Semiconductor over 30 days. Indie Semiconductor is related to or competes with First Solar, Sunrun, Canadian Solar, SolarEdge Technologies, Sunnova Energy, JinkoSolar Holding, and Maxeon Solar. indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance syste... More
Indie 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 Indie 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 indie Semiconductor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.68 | |||
| Information Ratio | 0.0504 | |||
| Maximum Drawdown | 68.06 | |||
| Value At Risk | (8.30) | |||
| Potential Upside | 8.43 |
Indie Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indie Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indie Semiconductor's standard deviation. In reality, there are many statistical measures that can use Indie Semiconductor historical prices to predict the future Indie Semiconductor's volatility.| Risk Adjusted Performance | 0.0585 | |||
| Jensen Alpha | 0.4412 | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | 0.0959 | |||
| Treynor Ratio | 0.5292 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Indie Semiconductor'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.
indie Semiconductor Backtested Returns
Indie Semiconductor appears to be risky, given 3 months investment horizon. indie Semiconductor holds Efficiency (Sharpe) Ratio of 0.0687, which attests that the entity had a 0.0687% return per unit of risk over the last 3 months. By evaluating Indie Semiconductor's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize Indie Semiconductor's Market Risk Adjusted Performance of 0.5392, downside deviation of 4.68, and Risk Adjusted Performance of 0.0585 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indie Semiconductor holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 1.07, which attests to a somewhat significant risk relative to the market. Indie Semiconductor returns are very sensitive to returns on the market. As the market goes up or down, Indie Semiconductor is expected to follow. Please check Indie Semiconductor's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Indie Semiconductor's current trending patterns will revert.
Auto-correlation | 0.78 |
Good predictability
indie Semiconductor has good predictability. Overlapping area represents the amount of predictability between Indie Semiconductor time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 indie Semiconductor price movement. The serial correlation of 0.78 indicates that around 78.0% of current Indie Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
indie Semiconductor lagged returns against current returns
Autocorrelation, which is Indie 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 Indie Semiconductor's stock expected returns. We can calculate the autocorrelation of Indie Semiconductor returns to help us make a trade decision. For example, suppose you find that Indie 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 |
Indie 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 Indie Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indie Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indie Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Indie Semiconductor Lagged Returns
When evaluating Indie Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indie Semiconductor stock have on its future price. Indie 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, Indie Semiconductor autocorrelation shows the relationship between Indie Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in indie Semiconductor.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether indie Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Indie Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Indie Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Indie Semiconductor Stock:Check out Indie Semiconductor Correlation, Indie Semiconductor Volatility and Indie Semiconductor Alpha and Beta module to complement your research on Indie Semiconductor. For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Indie Semiconductor 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.