Texas Instruments (Mexico) Market Value
| TXN Stock | MXN 3,800 8.00 0.21% |
| 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.
| 04/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in Texas Instruments on April 27, 2024 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 240 days. Texas Instruments is related to or competes with NVIDIA, Taiwan Semiconductor, QUALCOMM Incorporated, Intel, and Micron Technology. 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 | 3.05 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.97 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.9 |
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 | 0.0117 | |||
| Jensen Alpha | 0.0016 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0433 |
Texas Instruments Backtested Returns
Texas Instruments owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0273, which indicates the firm had a -0.0273% 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' Coefficient Of Variation of 11493.21, risk adjusted performance of 0.0117, and Semi Deviation of 1.23 to confirm the risk estimate we provide. The entity has a beta of 0.0774, which indicates not very significant fluctuations relative to the market. 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 -0.0419%. Please make sure to validate Texas Instruments' skewness, and the relationship between the downside variance and rate of daily change , to decide if Texas Instruments performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Texas Instruments Incorporated has poor predictability. Overlapping area represents the amount of predictability between Texas Instruments time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 0.26 indicates that nearly 26.0% of current Texas Instruments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 23.4 K |
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 |
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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 Texas Stock Analysis
When running Texas Instruments' price analysis, check to measure Texas Instruments' 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 Texas Instruments is operating at the current time. Most of Texas Instruments' value examination focuses on studying past and present price action to predict the probability of Texas Instruments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Instruments' price. Additionally, you may evaluate how the addition of Texas Instruments to your portfolios can decrease your overall portfolio volatility.