Shannon Semiconductor's market value is the price at which a share of Shannon Semiconductor trades on a public exchange. It measures the collective expectations of Shannon Semiconductor Technology investors about its performance. Shannon Semiconductor is trading at 27.13 as of the 10th of January 2025, a 0.52 percent increase since the beginning of the trading day. The stock's open price was 26.99. With this module, you can estimate the performance of a buy and hold strategy of Shannon Semiconductor Technology and determine expected loss or profit from investing in Shannon Semiconductor over a given investment horizon. Check out Shannon Semiconductor Correlation, Shannon Semiconductor Volatility and Shannon Semiconductor Alpha and Beta module to complement your research on Shannon Semiconductor.
Please note, there is a significant difference between Shannon Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shannon Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shannon 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.
Shannon 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 Shannon 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 Shannon Semiconductor.
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10/12/2024
No Change 0.00
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In 3 months and 1 day
01/10/2025
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If you would invest 0.00 in Shannon Semiconductor on October 12, 2024 and sell it all today you would earn a total of 0.00 from holding Shannon Semiconductor Technology or generate 0.0% return on investment in Shannon Semiconductor over 90 days. Shannon Semiconductor is related to or competes with Sinomach General, Anhui Huilong, Qingdao Haier, Shenzhen Glory, Hunan Tyen, Hongrun Construction, and Weichai Heavy. Shannon Semiconductor is entity of China More
Shannon 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 Shannon 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 Shannon Semiconductor Technology upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shannon Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shannon Semiconductor's standard deviation. In reality, there are many statistical measures that can use Shannon Semiconductor historical prices to predict the future Shannon Semiconductor's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shannon Semiconductor. Your research has to be compared to or analyzed against Shannon Semiconductor's peers to derive any actionable benefits. When done correctly, Shannon Semiconductor's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Shannon Semiconductor.
Shannon Semiconductor Backtested Returns
Shannon Semiconductor owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0682, which indicates the firm had a -0.0682% return per unit of risk over the last 3 months. Shannon Semiconductor Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shannon Semiconductor's Risk Adjusted Performance of (0.09), coefficient of variation of (820.03), and Variance of 15.08 to confirm the risk estimate we provide. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shannon Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shannon Semiconductor is expected to be smaller as well. At this point, Shannon Semiconductor has a negative expected return of -0.22%. Please make sure to validate Shannon Semiconductor's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Shannon Semiconductor performance from the past will be repeated at some point in the near future.
Auto-correlation
0.74
Good predictability
Shannon Semiconductor Technology has good predictability. Overlapping area represents the amount of predictability between Shannon Semiconductor time series from 12th of October 2024 to 26th of November 2024 and 26th of November 2024 to 10th of January 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 Shannon Semiconductor price movement. The serial correlation of 0.74 indicates that around 74.0% of current Shannon Semiconductor price fluctuation can be explain by its past prices.
Correlation Coefficient
0.74
Spearman Rank Test
0.14
Residual Average
0.0
Price Variance
1.29
Shannon Semiconductor lagged returns against current returns
Autocorrelation, which is Shannon 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 Shannon Semiconductor's stock expected returns. We can calculate the autocorrelation of Shannon Semiconductor returns to help us make a trade decision. For example, suppose you find that Shannon 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
Shannon 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 Shannon Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shannon Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shannon Semiconductor stock over time.
Current vs Lagged Prices
Timeline
Shannon Semiconductor Lagged Returns
When evaluating Shannon Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shannon Semiconductor stock have on its future price. Shannon 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, Shannon Semiconductor autocorrelation shows the relationship between Shannon Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Shannon Semiconductor Technology.
Regressed Prices
Timeline
Also Currently Popular
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.
Shannon Semiconductor financial ratios help investors to determine whether Shannon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shannon with respect to the benefits of owning Shannon Semiconductor security.