Pixelworks Stock Market Value
| PXLW Stock | USD 0.78 0.02 2.63% |
| Symbol | Pixelworks |
Pixelworks 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 Pixelworks. If investors know Pixelworks 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 Pixelworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 1.06 | Quarterly Revenue Growth (0.37) | Return On Assets (0.18) | Return On Equity (0.43) |
The market value of Pixelworks is measured differently than its book value, which is the value of Pixelworks that is recorded on the company's balance sheet. Investors also form their own opinion of Pixelworks' value that differs from its market value or its book value, called intrinsic value, which is Pixelworks' 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 Pixelworks' market value can be influenced by many factors that don't directly affect Pixelworks' 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 Pixelworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pixelworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pixelworks' 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.
Pixelworks '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 Pixelworks' 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 Pixelworks.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Pixelworks on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Pixelworks or generate 0.0% return on investment in Pixelworks over 180 days. Pixelworks is related to or competes with Valens, CEVA, EMCORE, QuickLogic, Silicon Laboratories, Diodes Incorporated, and MACOM Technology. Pixelworks, Inc., together with its subsidiaries, develops and markets semiconductor and software solutions for mobile, ... More
Pixelworks 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 Pixelworks' 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 Pixelworks upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.36 | |||
| Information Ratio | 0.0346 | |||
| Maximum Drawdown | 27.65 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 13.58 |
Pixelworks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pixelworks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pixelworks' standard deviation. In reality, there are many statistical measures that can use Pixelworks historical prices to predict the future Pixelworks' volatility.| Risk Adjusted Performance | 0.0543 | |||
| Jensen Alpha | 0.099 | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | 0.0434 | |||
| Treynor Ratio | 0.1856 |
Pixelworks Backtested Returns
Pixelworks appears to be extremely dangerous, given 3 months investment horizon. Pixelworks maintains Sharpe Ratio (i.e., Efficiency) of 0.0823, which implies the firm had a 0.0823% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pixelworks, which you can use to evaluate the volatility of the company. Please evaluate Pixelworks' Risk Adjusted Performance of 0.0543, coefficient of variation of 1673.27, and Semi Deviation of 3.73 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pixelworks holds a performance score of 6. The company holds a Beta of 1.71, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pixelworks will likely underperform. Please check Pixelworks' treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to make a quick decision on whether Pixelworks' historical price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Pixelworks has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pixelworks time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Pixelworks price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Pixelworks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pixelworks lagged returns against current returns
Autocorrelation, which is Pixelworks 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 Pixelworks' stock expected returns. We can calculate the autocorrelation of Pixelworks returns to help us make a trade decision. For example, suppose you find that Pixelworks 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 |
Pixelworks 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 Pixelworks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pixelworks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pixelworks stock over time.
Current vs Lagged Prices |
| Timeline |
Pixelworks Lagged Returns
When evaluating Pixelworks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pixelworks stock have on its future price. Pixelworks 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, Pixelworks autocorrelation shows the relationship between Pixelworks stock current value and its past values and can show if there is a momentum factor associated with investing in Pixelworks.
Regressed Prices |
| Timeline |
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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 Pixelworks Stock Analysis
When running Pixelworks' price analysis, check to measure Pixelworks' 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 Pixelworks is operating at the current time. Most of Pixelworks' value examination focuses on studying past and present price action to predict the probability of Pixelworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pixelworks' price. Additionally, you may evaluate how the addition of Pixelworks to your portfolios can decrease your overall portfolio volatility.