VISHAY INTERTECHNOL (Germany) Market Value
| VHY Stock | EUR 18.22 0.32 1.79% |
| Symbol | VISHAY |
VISHAY INTERTECHNOL '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 VISHAY INTERTECHNOL'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 VISHAY INTERTECHNOL.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in VISHAY INTERTECHNOL on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding VISHAY INTERTECHNOL or generate 0.0% return on investment in VISHAY INTERTECHNOL over 540 days. VISHAY INTERTECHNOL is related to or competes with PACIFIC ONLINE, Ross Stores, CarsalesCom, Vastned Retail, Gruppo Mutuionline, and Caseys General. More
VISHAY INTERTECHNOL 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 VISHAY INTERTECHNOL'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 VISHAY INTERTECHNOL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 14.54 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 3.01 |
VISHAY INTERTECHNOL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VISHAY INTERTECHNOL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VISHAY INTERTECHNOL's standard deviation. In reality, there are many statistical measures that can use VISHAY INTERTECHNOL historical prices to predict the future VISHAY INTERTECHNOL's volatility.| Risk Adjusted Performance | 0.0151 | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0081 |
VISHAY INTERTECHNOL Backtested Returns
Currently, VISHAY INTERTECHNOL is not too volatile. VISHAY INTERTECHNOL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0215, which indicates the firm had a 0.0215% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for VISHAY INTERTECHNOL , which you can use to evaluate the volatility of the company. Please validate VISHAY INTERTECHNOL's coefficient of variation of 9473.45, and Risk Adjusted Performance of 0.0151 to confirm if the risk estimate we provide is consistent with the expected return of 0.0562%. VISHAY INTERTECHNOL has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 2.15, which indicates 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, VISHAY INTERTECHNOL will likely underperform. VISHAY INTERTECHNOL presently has a risk of 2.62%. Please validate VISHAY INTERTECHNOL maximum drawdown, semi variance, accumulation distribution, as well as the relationship between the potential upside and skewness , to decide if VISHAY INTERTECHNOL will be following its existing price patterns.
Auto-correlation | 0.68 |
Good predictability
VISHAY INTERTECHNOL has good predictability. Overlapping area represents the amount of predictability between VISHAY INTERTECHNOL time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 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 VISHAY INTERTECHNOL price movement. The serial correlation of 0.68 indicates that around 68.0% of current VISHAY INTERTECHNOL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 4.73 |
VISHAY INTERTECHNOL lagged returns against current returns
Autocorrelation, which is VISHAY INTERTECHNOL 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 VISHAY INTERTECHNOL's stock expected returns. We can calculate the autocorrelation of VISHAY INTERTECHNOL returns to help us make a trade decision. For example, suppose you find that VISHAY INTERTECHNOL 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 |
VISHAY INTERTECHNOL 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 VISHAY INTERTECHNOL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VISHAY INTERTECHNOL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VISHAY INTERTECHNOL stock over time.
Current vs Lagged Prices |
| Timeline |
VISHAY INTERTECHNOL Lagged Returns
When evaluating VISHAY INTERTECHNOL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VISHAY INTERTECHNOL stock have on its future price. VISHAY INTERTECHNOL 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, VISHAY INTERTECHNOL autocorrelation shows the relationship between VISHAY INTERTECHNOL stock current value and its past values and can show if there is a momentum factor associated with investing in VISHAY INTERTECHNOL .
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for VISHAY Stock Analysis
When running VISHAY INTERTECHNOL's price analysis, check to measure VISHAY INTERTECHNOL'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 VISHAY INTERTECHNOL is operating at the current time. Most of VISHAY INTERTECHNOL's value examination focuses on studying past and present price action to predict the probability of VISHAY INTERTECHNOL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VISHAY INTERTECHNOL's price. Additionally, you may evaluate how the addition of VISHAY INTERTECHNOL to your portfolios can decrease your overall portfolio volatility.