Will Semiconductor (China) Market Value
| 603501 Stock | 97.03 2.49 2.50% |
| Symbol | Will |
Will 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 Will 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 Will Semiconductor.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Will Semiconductor on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Will Semiconductor Co or generate 0.0% return on investment in Will Semiconductor over 510 days. Will Semiconductor is related to or competes with Lutian Machinery, China Longyuan, Changshu Tongrun, PetroChina, Bank of China, Guangxi Guiguan, and Yantai North. Will Semiconductor is entity of China. It is traded as Stock on SHG exchange. More
Will 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 Will 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 Will Semiconductor Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.15 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 6.3 |
Will Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Will Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Will Semiconductor's standard deviation. In reality, there are many statistical measures that can use Will Semiconductor historical prices to predict the future Will Semiconductor's volatility.| Risk Adjusted Performance | 0.0359 | |||
| Jensen Alpha | 0.1574 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.21) |
Will Semiconductor Backtested Returns
Will Semiconductor appears to be very steady, given 3 months investment horizon. Will Semiconductor shows Sharpe Ratio of 0.0704, which attests that the company had a 0.0704% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Will Semiconductor, which you can use to evaluate the volatility of the company. Please utilize Will Semiconductor's Downside Deviation of 1.96, mean deviation of 2.15, and Market Risk Adjusted Performance of (0.20) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Will Semiconductor holds a performance score of 5. The firm maintains a market beta of -0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Will Semiconductor are expected to decrease at a much lower rate. During the bear market, Will Semiconductor is likely to outperform the market. Please check Will Semiconductor's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Will Semiconductor's historical returns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
Will Semiconductor Co has modest reverse predictability. Overlapping area represents the amount of predictability between Will Semiconductor time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Will Semiconductor price movement. The serial correlation of -0.47 indicates that about 47.0% of current Will Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 62.55 |
Will Semiconductor lagged returns against current returns
Autocorrelation, which is Will 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 Will Semiconductor's stock expected returns. We can calculate the autocorrelation of Will Semiconductor returns to help us make a trade decision. For example, suppose you find that Will 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 |
Will 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 Will Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Will Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Will Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Will Semiconductor Lagged Returns
When evaluating Will Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Will Semiconductor stock have on its future price. Will 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, Will Semiconductor autocorrelation shows the relationship between Will Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Will Semiconductor Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Will Stock
Will Semiconductor financial ratios help investors to determine whether Will 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 Will with respect to the benefits of owning Will Semiconductor security.