Siltronic (Germany) Market Value
| WAF Stock | EUR 47.10 0.30 0.63% |
| Symbol | Siltronic |
Siltronic '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 Siltronic'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 Siltronic.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Siltronic on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Siltronic AG or generate 0.0% return on investment in Siltronic over 720 days. Siltronic is related to or competes with NVIDIA, Taiwan Semiconductor, Advanced Micro, and Intel. Siltronic AG, together with its subsidiaries, produces and sells semiconductor silicon wafers with diameters of up to 30... More
Siltronic 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 Siltronic'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 Siltronic AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 10.88 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 3.17 |
Siltronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siltronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siltronic's standard deviation. In reality, there are many statistical measures that can use Siltronic historical prices to predict the future Siltronic's volatility.| Risk Adjusted Performance | (0.26) | |||
| Jensen Alpha | (0.76) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (1.06) |
Siltronic AG Backtested Returns
Siltronic AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.33, which indicates the firm had a -0.33% return per unit of risk over the last 3 months. Siltronic AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Siltronic's Risk Adjusted Performance of (0.26), variance of 3.8, and Coefficient Of Variation of (292.19) to confirm the risk estimate we provide. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Siltronic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Siltronic is expected to be smaller as well. At this point, Siltronic AG has a negative expected return of -0.66%. Please make sure to validate Siltronic's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Siltronic AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Siltronic AG has good reverse predictability. Overlapping area represents the amount of predictability between Siltronic time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Siltronic AG price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Siltronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 106.84 |
Siltronic AG lagged returns against current returns
Autocorrelation, which is Siltronic 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 Siltronic's stock expected returns. We can calculate the autocorrelation of Siltronic returns to help us make a trade decision. For example, suppose you find that Siltronic 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 |
Siltronic 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 Siltronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siltronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siltronic stock over time.
Current vs Lagged Prices |
| Timeline |
Siltronic Lagged Returns
When evaluating Siltronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siltronic stock have on its future price. Siltronic 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, Siltronic autocorrelation shows the relationship between Siltronic stock current value and its past values and can show if there is a momentum factor associated with investing in Siltronic AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Siltronic Stock
Siltronic financial ratios help investors to determine whether Siltronic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Siltronic with respect to the benefits of owning Siltronic security.