Silicon Integrated (Taiwan) Market Value
| 2363 Stock | TWD 68.20 1.70 2.56% |
| Symbol | Silicon |
Silicon Integrated '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 Silicon Integrated'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 Silicon Integrated.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Silicon Integrated on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Silicon Integrated Systems or generate 0.0% return on investment in Silicon Integrated over 30 days. Silicon Integrated is related to or competes with VIA Technologies, Winbond Electronics, Macronix International, Sunplus Technology, and United Microelectronics. Silicon Integrated Systems Corp. operates as an IC design company worldwide More
Silicon Integrated 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 Silicon Integrated'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 Silicon Integrated Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.66 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 2.63 |
Silicon Integrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silicon Integrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silicon Integrated's standard deviation. In reality, there are many statistical measures that can use Silicon Integrated historical prices to predict the future Silicon Integrated's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (1.05) |
Silicon Integrated Backtested Returns
Silicon Integrated owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Silicon Integrated Systems exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silicon Integrated's Coefficient Of Variation of (1,285), risk adjusted performance of (0.05), and Variance of 4.01 to confirm the risk estimate we provide. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Silicon Integrated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Silicon Integrated is expected to be smaller as well. At this point, Silicon Integrated has a negative expected return of -0.0107%. Please make sure to validate Silicon Integrated's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Silicon Integrated performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
Silicon Integrated Systems has good predictability. Overlapping area represents the amount of predictability between Silicon Integrated time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Silicon Integrated price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Silicon Integrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
Silicon Integrated lagged returns against current returns
Autocorrelation, which is Silicon Integrated 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 Silicon Integrated's stock expected returns. We can calculate the autocorrelation of Silicon Integrated returns to help us make a trade decision. For example, suppose you find that Silicon Integrated 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 |
Silicon Integrated 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 Silicon Integrated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silicon Integrated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silicon Integrated stock over time.
Current vs Lagged Prices |
| Timeline |
Silicon Integrated Lagged Returns
When evaluating Silicon Integrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silicon Integrated stock have on its future price. Silicon Integrated 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, Silicon Integrated autocorrelation shows the relationship between Silicon Integrated stock current value and its past values and can show if there is a momentum factor associated with investing in Silicon Integrated Systems.
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 Silicon Stock Analysis
When running Silicon Integrated's price analysis, check to measure Silicon Integrated'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 Silicon Integrated is operating at the current time. Most of Silicon Integrated's value examination focuses on studying past and present price action to predict the probability of Silicon Integrated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silicon Integrated's price. Additionally, you may evaluate how the addition of Silicon Integrated to your portfolios can decrease your overall portfolio volatility.