Semileds Stock Market Value
| LEDS Stock | USD 1.50 0.01 0.67% |
| Symbol | SemiLEDS |
Is Electronic 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 SemiLEDS. If investors know SemiLEDS 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 SemiLEDS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SemiLEDS is measured differently than its book value, which is the value of SemiLEDS that is recorded on the company's balance sheet. Investors also form their own opinion of SemiLEDS's value that differs from its market value or its book value, called intrinsic value, which is SemiLEDS'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 SemiLEDS's market value can be influenced by many factors that don't directly affect SemiLEDS'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 SemiLEDS's value and its price as these two are different measures arrived at by different means. Investors typically determine if SemiLEDS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SemiLEDS'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.
SemiLEDS '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 SemiLEDS'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 SemiLEDS.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in SemiLEDS on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding SemiLEDS or generate 0.0% return on investment in SemiLEDS over 90 days. SemiLEDS is related to or competes with Wisekey International, GSI Technology, SEALSQ Corp, WiSA Technologies, ASE Industrial, Silicon Motion, and Himax Technologies. SemiLEDs Corporation develops, manufactures, and sells light emitting diode chips, LED components, and LED modules and s... More
SemiLEDS 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 SemiLEDS'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 SemiLEDS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.7 | |||
| Information Ratio | 0.0753 | |||
| Maximum Drawdown | 52.6 | |||
| Value At Risk | (10.71) | |||
| Potential Upside | 9.09 |
SemiLEDS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SemiLEDS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SemiLEDS's standard deviation. In reality, there are many statistical measures that can use SemiLEDS historical prices to predict the future SemiLEDS's volatility.| Risk Adjusted Performance | 0.0835 | |||
| Jensen Alpha | 0.5276 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0794 | |||
| Treynor Ratio | 0.5914 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SemiLEDS'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.
SemiLEDS Backtested Returns
SemiLEDS appears to be abnormally volatile, given 3 months investment horizon. SemiLEDS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0894, which indicates the firm had a 0.0894 % return per unit of risk over the last 3 months. By inspecting SemiLEDS's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please review SemiLEDS's Semi Deviation of 6.0, coefficient of variation of 1118.28, and Risk Adjusted Performance of 0.0835 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SemiLEDS holds a performance score of 7. The entity has a beta of 1.05, which indicates a somewhat significant risk relative to the market. SemiLEDS returns are very sensitive to returns on the market. As the market goes up or down, SemiLEDS is expected to follow. Please check SemiLEDS's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether SemiLEDS's existing price patterns will revert.
Auto-correlation | 0.14 |
Insignificant predictability
SemiLEDS has insignificant predictability. Overlapping area represents the amount of predictability between SemiLEDS time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st 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 SemiLEDS price movement. The serial correlation of 0.14 indicates that less than 14.0% of current SemiLEDS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
SemiLEDS lagged returns against current returns
Autocorrelation, which is SemiLEDS 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 SemiLEDS's stock expected returns. We can calculate the autocorrelation of SemiLEDS returns to help us make a trade decision. For example, suppose you find that SemiLEDS 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 |
SemiLEDS 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 SemiLEDS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SemiLEDS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SemiLEDS stock over time.
Current vs Lagged Prices |
| Timeline |
SemiLEDS Lagged Returns
When evaluating SemiLEDS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SemiLEDS stock have on its future price. SemiLEDS 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, SemiLEDS autocorrelation shows the relationship between SemiLEDS stock current value and its past values and can show if there is a momentum factor associated with investing in SemiLEDS.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for SemiLEDS Stock Analysis
When running SemiLEDS's price analysis, check to measure SemiLEDS'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 SemiLEDS is operating at the current time. Most of SemiLEDS's value examination focuses on studying past and present price action to predict the probability of SemiLEDS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SemiLEDS's price. Additionally, you may evaluate how the addition of SemiLEDS to your portfolios can decrease your overall portfolio volatility.