Sitime Stock Market Value
| SITM Stock | USD 250.97 8.04 3.31% |
| Symbol | Sitime |
Sitime 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 Sitime. If investors know Sitime 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 Sitime 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 (0.61) | Earnings Share (4.27) | Revenue Per Share | Quarterly Revenue Growth 0.624 | Return On Assets |
The market value of Sitime is measured differently than its book value, which is the value of Sitime that is recorded on the company's balance sheet. Investors also form their own opinion of Sitime's value that differs from its market value or its book value, called intrinsic value, which is Sitime'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 Sitime's market value can be influenced by many factors that don't directly affect Sitime'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 Sitime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitime'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.
Sitime '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 Sitime'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 Sitime.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Sitime on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Sitime or generate 0.0% return on investment in Sitime over 30 days. Sitime is related to or competes with Lattice Semiconductor, Qorvo, Microchip Technology, Silicon Laboratories, Power Integrations, Diodes Incorporated, and MaxLinear. SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States... More
Sitime 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 Sitime'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 Sitime upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | 0.126 | |||
| Maximum Drawdown | 27.75 | |||
| Value At Risk | (4.87) | |||
| Potential Upside | 6.98 |
Sitime Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sitime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sitime's standard deviation. In reality, there are many statistical measures that can use Sitime historical prices to predict the future Sitime's volatility.| Risk Adjusted Performance | 0.1194 | |||
| Jensen Alpha | 0.5208 | |||
| Total Risk Alpha | 0.4346 | |||
| Sortino Ratio | 0.1458 | |||
| Treynor Ratio | 1.13 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sitime'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.
Sitime Backtested Returns
Sitime appears to be very steady, given 3 months investment horizon. Sitime owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Sitime's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please review Sitime's Risk Adjusted Performance of 0.1194, coefficient of variation of 750.24, and Semi Deviation of 3.02 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sitime holds a performance score of 11. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sitime's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sitime is expected to be smaller as well. Please check Sitime's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Sitime's existing price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Sitime has average predictability. Overlapping area represents the amount of predictability between Sitime time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Sitime price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Sitime price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 46.17 |
Sitime lagged returns against current returns
Autocorrelation, which is Sitime 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 Sitime's stock expected returns. We can calculate the autocorrelation of Sitime returns to help us make a trade decision. For example, suppose you find that Sitime 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 |
Sitime 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 Sitime stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sitime stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sitime stock over time.
Current vs Lagged Prices |
| Timeline |
Sitime Lagged Returns
When evaluating Sitime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sitime stock have on its future price. Sitime 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, Sitime autocorrelation shows the relationship between Sitime stock current value and its past values and can show if there is a momentum factor associated with investing in Sitime.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Sitime Correlation, Sitime Volatility and Sitime Alpha and Beta module to complement your research on Sitime. To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Sitime 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.