Texas Instruments (Brazil) Market Value
| TEXA34 Stock | BRL 78.67 1.23 1.59% |
| Symbol | Texas |
Texas Instruments '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 Texas Instruments' 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 Texas Instruments.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Texas Instruments on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Texas Instruments Incorporated or generate 0.0% return on investment in Texas Instruments over 30 days. Texas Instruments is related to or competes with Intel, Micron Technology, and STMicroelectronics. Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturer... More
Texas Instruments 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 Texas Instruments' 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 Texas Instruments Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.64 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.22 |
Texas Instruments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Instruments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Texas Instruments' standard deviation. In reality, there are many statistical measures that can use Texas Instruments historical prices to predict the future Texas Instruments' volatility.| Risk Adjusted Performance | 0.0367 | |||
| Jensen Alpha | 0.1124 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.16) |
Texas Instruments Backtested Returns
At this point, Texas Instruments is very steady. Texas Instruments owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0039, which indicates the firm had a 0.0039% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Texas Instruments Incorporated, which you can use to evaluate the volatility of the company. Please validate Texas Instruments' Semi Deviation of 1.64, risk adjusted performance of 0.0367, and Coefficient Of Variation of 2485.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.0072%. The entity has a beta of -0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Texas Instruments are expected to decrease at a much lower rate. During the bear market, Texas Instruments is likely to outperform the market. Texas Instruments right now has a risk of 1.87%. Please validate Texas Instruments value at risk, downside variance, expected short fall, as well as the relationship between the potential upside and semi variance , to decide if Texas Instruments will be following its existing price patterns.
Auto-correlation | 0.33 |
Below average predictability
Texas Instruments Incorporated has below average predictability. Overlapping area represents the amount of predictability between Texas Instruments time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Texas Instruments price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Texas Instruments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 1.38 |
Texas Instruments lagged returns against current returns
Autocorrelation, which is Texas Instruments 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 Texas Instruments' stock expected returns. We can calculate the autocorrelation of Texas Instruments returns to help us make a trade decision. For example, suppose you find that Texas Instruments 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 |
Texas Instruments 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 Texas Instruments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Texas Instruments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Texas Instruments stock over time.
Current vs Lagged Prices |
| Timeline |
Texas Instruments Lagged Returns
When evaluating Texas Instruments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Texas Instruments stock have on its future price. Texas Instruments 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, Texas Instruments autocorrelation shows the relationship between Texas Instruments stock current value and its past values and can show if there is a momentum factor associated with investing in Texas Instruments Incorporated.
Regressed Prices |
| Timeline |
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.Additional Information and Resources on Investing in Texas Stock
When determining whether Texas Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Instruments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Texas Instruments Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Instruments Incorporated Stock:Check out Texas Instruments Correlation, Texas Instruments Volatility and Texas Instruments Alpha and Beta module to complement your research on Texas Instruments. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Texas Instruments 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.