Texas Instruments (Germany) Market Value
| TII Stock | EUR 188.40 1.94 1.02% |
| Symbol | Texas |
Texas Instruments '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 Texas Instruments' 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 Texas Instruments.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Texas Instruments on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Texas Instruments Incorporated or generate 0.0% return on investment in Texas Instruments over 720 days. Texas Instruments is related to or competes with DeVry Education, Nippon Steel, EMBARK EDUCATION, BlueScope Steel, ALGOMA STEEL, IDP EDUCATION, and Perma-Fix Environmental. Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturer... More
Texas Instruments 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 Texas Instruments' 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 Texas Instruments Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 11.62 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 2.6 |
Texas Instruments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Instruments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Texas Instruments' standard deviation. In reality, there are many statistical measures that can use Texas Instruments historical prices to predict the future Texas Instruments' volatility.| Risk Adjusted Performance | 0.0077 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.01) |
Texas Instruments Backtested Returns
Texas Instruments owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0039, which indicates the firm had a -0.0039% return per unit of risk over the last 3 months. Texas Instruments Incorporated exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Texas Instruments' Semi Deviation of 1.72, coefficient of variation of 45910.8, and Risk Adjusted Performance of 0.0077 to confirm the risk estimate we provide. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Texas Instruments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Texas Instruments is expected to be smaller as well. At this point, Texas Instruments has a negative expected return of -0.0075%. Please make sure to validate Texas Instruments' skewness, day median price, and the relationship between the semi variance and daily balance of power , to decide if Texas Instruments performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.52 |
Good reverse predictability
Texas Instruments Incorporated has good reverse predictability. Overlapping area represents the amount of predictability between Texas Instruments time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Texas Instruments price movement. The serial correlation of -0.52 indicates that about 52.0% of current Texas Instruments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 285.16 |
Texas Instruments lagged returns against current returns
Autocorrelation, which is Texas Instruments 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 Texas Instruments' stock expected returns. We can calculate the autocorrelation of Texas Instruments returns to help us make a trade decision. For example, suppose you find that Texas Instruments 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 |
Texas Instruments 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 Texas Instruments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Texas Instruments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Texas Instruments stock over time.
Current vs Lagged Prices |
| Timeline |
Texas Instruments Lagged Returns
When evaluating Texas Instruments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Texas Instruments stock have on its future price. Texas Instruments 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, Texas Instruments autocorrelation shows the relationship between Texas Instruments stock current value and its past values and can show if there is a momentum factor associated with investing in Texas Instruments Incorporated.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Texas Stock
When determining whether Texas Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Instruments' 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 Texas Instruments Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Instruments Incorporated Stock:Check out Texas Instruments Correlation, Texas Instruments Volatility and Texas Instruments Alpha and Beta module to complement your research on Texas Instruments. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Texas Instruments 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.