Skyworks Solutions Stock Market Value
| SWKS Stock | USD 86.80 0.52 0.60% |
| Symbol | Skyworks |
Skyworks Solutions 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 Skyworks Solutions. If investors know Skyworks 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 Skyworks Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share 3.69 | Revenue Per Share 27.324 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0636 |
The market value of Skyworks Solutions is measured differently than its book value, which is the value of Skyworks that is recorded on the company's balance sheet. Investors also form their own opinion of Skyworks Solutions' value that differs from its market value or its book value, called intrinsic value, which is Skyworks Solutions' 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 Skyworks Solutions' market value can be influenced by many factors that don't directly affect Skyworks Solutions' 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 Skyworks Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyworks Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyworks Solutions' 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.
Skyworks Solutions '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 Skyworks Solutions' 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 Skyworks Solutions.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Skyworks Solutions on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Skyworks Solutions or generate 0.0% return on investment in Skyworks Solutions over 30 days. Skyworks Solutions is related to or competes with Microchip Technology, Lattice Semiconductor, Synaptics Incorporated, NXP Semiconductors, Texas Instruments, ON Semiconductor, and Analog Devices. Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semic... More
Skyworks Solutions 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 Skyworks Solutions' 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 Skyworks Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 11.56 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 2.42 |
Skyworks Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skyworks Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Skyworks Solutions' standard deviation. In reality, there are many statistical measures that can use Skyworks Solutions historical prices to predict the future Skyworks Solutions' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.23) |
Skyworks Solutions Backtested Returns
Skyworks Solutions owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Skyworks Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skyworks Solutions' Coefficient Of Variation of (697.72), variance of 4.49, and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The entity has a beta of 1.35, which indicates 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, Skyworks Solutions will likely underperform. At this point, Skyworks Solutions has a negative expected return of -0.23%. Please make sure to validate Skyworks Solutions' treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Skyworks Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Skyworks Solutions has weak reverse predictability. Overlapping area represents the amount of predictability between Skyworks Solutions time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Skyworks Solutions price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Skyworks Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 2.26 |
Skyworks Solutions lagged returns against current returns
Autocorrelation, which is Skyworks Solutions 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 Skyworks Solutions' stock expected returns. We can calculate the autocorrelation of Skyworks Solutions returns to help us make a trade decision. For example, suppose you find that Skyworks Solutions 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 |
Skyworks Solutions 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 Skyworks Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skyworks Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skyworks Solutions stock over time.
Current vs Lagged Prices |
| Timeline |
Skyworks Solutions Lagged Returns
When evaluating Skyworks Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Skyworks Solutions stock have on its future price. Skyworks Solutions 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, Skyworks Solutions autocorrelation shows the relationship between Skyworks Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in Skyworks Solutions.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Skyworks Stock Analysis
When running Skyworks Solutions' price analysis, check to measure Skyworks Solutions' 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 Skyworks Solutions is operating at the current time. Most of Skyworks Solutions' value examination focuses on studying past and present price action to predict the probability of Skyworks Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyworks Solutions' price. Additionally, you may evaluate how the addition of Skyworks Solutions to your portfolios can decrease your overall portfolio volatility.