Vishay Intertechnology (Germany) Market Value
| VHY Stock | 18.18 0.05 0.27% |
| Symbol | Vishay |
Vishay Intertechnology '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 Vishay Intertechnology'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 Vishay Intertechnology.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Vishay Intertechnology on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Vishay Intertechnology or generate 0.0% return on investment in Vishay Intertechnology over 180 days. Vishay Intertechnology is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Vishay Intertechnology 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 Vishay Intertechnology'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 Vishay Intertechnology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.48 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 3.29 |
Vishay Intertechnology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vishay Intertechnology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vishay Intertechnology's standard deviation. In reality, there are many statistical measures that can use Vishay Intertechnology historical prices to predict the future Vishay Intertechnology's volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1392 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vishay Intertechnology'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.
Vishay Intertechnology Backtested Returns
Currently, Vishay Intertechnology is not too volatile. Vishay Intertechnology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0217, which indicates the firm had a 0.0217% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vishay Intertechnology, which you can use to evaluate the volatility of the company. Please validate Vishay Intertechnology's Coefficient Of Variation of 5198.9, semi deviation of 1.87, and Risk Adjusted Performance of 0.0218 to confirm if the risk estimate we provide is consistent with the expected return of 0.0572%. Vishay Intertechnology has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vishay Intertechnology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vishay Intertechnology is expected to be smaller as well. Vishay Intertechnology right now has a risk of 2.64%. Please validate Vishay Intertechnology skewness, and the relationship between the potential upside and day median price , to decide if Vishay Intertechnology will be following its existing price patterns.
Auto-correlation | 0.27 |
Poor predictability
Vishay Intertechnology has poor predictability. Overlapping area represents the amount of predictability between Vishay Intertechnology time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Vishay Intertechnology price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Vishay Intertechnology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Vishay Intertechnology lagged returns against current returns
Autocorrelation, which is Vishay Intertechnology 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 Vishay Intertechnology's stock expected returns. We can calculate the autocorrelation of Vishay Intertechnology returns to help us make a trade decision. For example, suppose you find that Vishay Intertechnology 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 |
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Vishay Intertechnology 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 Vishay Intertechnology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vishay Intertechnology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vishay Intertechnology stock over time.
Current vs Lagged Prices |
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Vishay Intertechnology Lagged Returns
When evaluating Vishay Intertechnology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vishay Intertechnology stock have on its future price. Vishay Intertechnology 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, Vishay Intertechnology autocorrelation shows the relationship between Vishay Intertechnology stock current value and its past values and can show if there is a momentum factor associated with investing in Vishay Intertechnology.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Vishay Stock Analysis
When running Vishay Intertechnology's price analysis, check to measure Vishay Intertechnology's 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 Vishay Intertechnology is operating at the current time. Most of Vishay Intertechnology's value examination focuses on studying past and present price action to predict the probability of Vishay Intertechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vishay Intertechnology's price. Additionally, you may evaluate how the addition of Vishay Intertechnology to your portfolios can decrease your overall portfolio volatility.