Diodes Incorporated Stock Market Value
| DIOD Stock | USD 66.30 4.99 8.14% |
| Symbol | Diodes |
Diodes Incorporated Price To Book Ratio
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diodes Incorporated. If investors know Diodes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diodes Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share 1.32 | Revenue Per Share 28.075 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0155 |
The market value of Diodes Incorporated is measured differently than its book value, which is the value of Diodes that is recorded on the company's balance sheet. Investors also form their own opinion of Diodes Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Diodes Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diodes Incorporated's market value can be influenced by many factors that don't directly affect Diodes Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diodes Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diodes Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diodes Incorporated'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.
Diodes Incorporated '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 Diodes Incorporated'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 Diodes Incorporated.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Diodes Incorporated on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Diodes Incorporated or generate 0.0% return on investment in Diodes Incorporated over 30 days. Diodes Incorporated is related to or competes with Silicon Laboratories, MACOM Technology, FormFactor, Amkor Technology, Power Integrations, Cirrus Logic, and MaxLinear. Diodes Incorporated designs, manufactures, and supplies application-specific standard products in the discrete, logic, a... More
Diodes Incorporated 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 Diodes Incorporated'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 Diodes Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.29 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 4.92 |
Diodes Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diodes Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diodes Incorporated's standard deviation. In reality, there are many statistical measures that can use Diodes Incorporated historical prices to predict the future Diodes Incorporated's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.04) |
Diodes Incorporated Backtested Returns
At this point, Diodes Incorporated is very steady. Diodes Incorporated secures Sharpe Ratio (or Efficiency) of 0.0035, which denotes the company had a 0.0035% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Diodes Incorporated, which you can use to evaluate the volatility of the firm. Please confirm Diodes Incorporated's Mean Deviation of 2.3, standard deviation of 2.92, and Variance of 8.5 to check if the risk estimate we provide is consistent with the expected return of 0.0106%. The firm shows a Beta (market volatility) of 2.31, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Diodes Incorporated will likely underperform. Diodes Incorporated right now shows a risk of 2.99%. Please confirm Diodes Incorporated maximum drawdown, daily balance of power, relative strength index, as well as the relationship between the skewness and day typical price , to decide if Diodes Incorporated will be following its price patterns.
Auto-correlation | 0.49 |
Average predictability
Diodes Incorporated has average predictability. Overlapping area represents the amount of predictability between Diodes Incorporated time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Diodes Incorporated price movement. The serial correlation of 0.49 indicates that about 49.0% of current Diodes Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 15.09 |
Diodes Incorporated lagged returns against current returns
Autocorrelation, which is Diodes Incorporated 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 Diodes Incorporated's stock expected returns. We can calculate the autocorrelation of Diodes Incorporated returns to help us make a trade decision. For example, suppose you find that Diodes Incorporated 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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Diodes Incorporated 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 Diodes Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diodes Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diodes Incorporated stock over time.
Current vs Lagged Prices |
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Diodes Incorporated Lagged Returns
When evaluating Diodes Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diodes Incorporated stock have on its future price. Diodes Incorporated 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, Diodes Incorporated autocorrelation shows the relationship between Diodes Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Diodes Incorporated.
Regressed Prices |
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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.When determining whether Diodes Incorporated is a strong investment it is important to analyze Diodes Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diodes Incorporated's future performance. For an informed investment choice regarding Diodes Stock, refer to the following important reports:Check out Diodes Incorporated Correlation, Diodes Incorporated Volatility and Diodes Incorporated Alpha and Beta module to complement your research on Diodes Incorporated. For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Diodes Incorporated technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.