Tower Semiconductor Stock Market Value
| TSEM Stock | USD 47.36 0.79 1.64% |
| Symbol | Tower |
Tower 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 Tower Semiconductor. If investors know Tower 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 Tower Semiconductor 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 0.043 | Earnings Share 1.84 | Revenue Per Share 12.536 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0402 |
The market value of Tower Semiconductor is measured differently than its book value, which is the value of Tower that is recorded on the company's balance sheet. Investors also form their own opinion of Tower Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Tower 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 Tower Semiconductor's market value can be influenced by many factors that don't directly affect Tower 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 Tower Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tower Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tower 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.
Tower 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 Tower 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 Tower Semiconductor.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Tower Semiconductor on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Tower Semiconductor or generate 0.0% return on investment in Tower Semiconductor over 30 days. Tower Semiconductor is related to or competes with Nova, AudioCodes, Nice, Elbit Systems, and Camtek. Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal s... More
Tower 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 Tower 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 Tower Semiconductor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.97 | |||
| Information Ratio | 0.0239 | |||
| Maximum Drawdown | 16.72 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 3.85 |
Tower Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tower Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tower Semiconductor's standard deviation. In reality, there are many statistical measures that can use Tower Semiconductor historical prices to predict the future Tower Semiconductor's volatility.| Risk Adjusted Performance | 0.0602 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | 0.1083 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tower 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.
Tower Semiconductor Backtested Returns
As of now, Tower Stock is very steady. Tower Semiconductor owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0522, which indicates the firm had a 0.0522% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tower Semiconductor, which you can use to evaluate the volatility of the company. Please validate Tower Semiconductor's Coefficient Of Variation of 1447.08, risk adjusted performance of 0.0602, and Semi Deviation of 2.66 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Tower Semiconductor has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 1.68, 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, Tower Semiconductor will likely underperform. Tower Semiconductor right now has a risk of 2.81%. Please validate Tower Semiconductor semi variance, as well as the relationship between the daily balance of power and price action indicator , to decide if Tower Semiconductor will be following its existing price patterns.
Auto-correlation | 0.58 |
Modest predictability
Tower Semiconductor has modest predictability. Overlapping area represents the amount of predictability between Tower 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 Tower Semiconductor price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Tower Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 1.17 |
Tower Semiconductor lagged returns against current returns
Autocorrelation, which is Tower 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 Tower Semiconductor's stock expected returns. We can calculate the autocorrelation of Tower Semiconductor returns to help us make a trade decision. For example, suppose you find that Tower 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 |
Tower 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 Tower Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tower Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tower Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Tower Semiconductor Lagged Returns
When evaluating Tower Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tower Semiconductor stock have on its future price. Tower 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, Tower Semiconductor autocorrelation shows the relationship between Tower Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Tower Semiconductor.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Tower Semiconductor Correlation, Tower Semiconductor Volatility and Tower Semiconductor Alpha and Beta module to complement your research on Tower Semiconductor. To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Tower 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.