Quicklogic Stock Market Value
| QUIK Stock | USD 7.52 0.44 6.21% |
| Symbol | QuickLogic |
QuickLogic 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 QuickLogic. If investors know QuickLogic 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 QuickLogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 1.54 | Quarterly Revenue Growth (0.36) | Return On Assets (0.02) | Return On Equity (0.09) |
The market value of QuickLogic is measured differently than its book value, which is the value of QuickLogic that is recorded on the company's balance sheet. Investors also form their own opinion of QuickLogic's value that differs from its market value or its book value, called intrinsic value, which is QuickLogic'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 QuickLogic's market value can be influenced by many factors that don't directly affect QuickLogic'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 QuickLogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuickLogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuickLogic'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.
QuickLogic '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 QuickLogic'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 QuickLogic.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in QuickLogic on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding QuickLogic or generate 0.0% return on investment in QuickLogic over 30 days. QuickLogic is related to or competes with Pixelworks, AXT, Power Integrations, Lattice Semiconductor, and EMCORE. QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions fo... More
QuickLogic 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 QuickLogic'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 QuickLogic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 16.02 | |||
| Value At Risk | (6.83) | |||
| Potential Upside | 5.48 |
QuickLogic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QuickLogic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QuickLogic's standard deviation. In reality, there are many statistical measures that can use QuickLogic historical prices to predict the future QuickLogic's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.08) |
QuickLogic Backtested Returns
QuickLogic maintains Sharpe Ratio (i.e., Efficiency) of -0.0729, which implies the firm had a -0.0729% return per unit of risk over the last 3 months. QuickLogic exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check QuickLogic's Risk Adjusted Performance of (0.03), variance of 12.6, and Coefficient Of Variation of (1,897) to confirm the risk estimate we provide. The company holds a Beta of 2.52, which implies 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, QuickLogic will likely underperform. At this point, QuickLogic has a negative expected return of -0.26%. Please make sure to check QuickLogic's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if QuickLogic performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.80 |
Very good predictability
QuickLogic has very good predictability. Overlapping area represents the amount of predictability between QuickLogic time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 QuickLogic price movement. The serial correlation of 0.8 indicates that around 80.0% of current QuickLogic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
QuickLogic lagged returns against current returns
Autocorrelation, which is QuickLogic 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 QuickLogic's stock expected returns. We can calculate the autocorrelation of QuickLogic returns to help us make a trade decision. For example, suppose you find that QuickLogic 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 |
QuickLogic 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 QuickLogic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QuickLogic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QuickLogic stock over time.
Current vs Lagged Prices |
| Timeline |
QuickLogic Lagged Returns
When evaluating QuickLogic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QuickLogic stock have on its future price. QuickLogic 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, QuickLogic autocorrelation shows the relationship between QuickLogic stock current value and its past values and can show if there is a momentum factor associated with investing in QuickLogic.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out QuickLogic Correlation, QuickLogic Volatility and QuickLogic Alpha and Beta module to complement your research on QuickLogic. For more information on how to buy QuickLogic Stock please use our How to buy in QuickLogic Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
QuickLogic 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.