X Fab Silicon Foundries Stock Market Value
| XFABF Stock | USD 4.47 0.21 4.49% |
| Symbol | X-FAB |
X-FAB Silicon '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 X-FAB Silicon's pink sheet 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 X-FAB Silicon.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in X-FAB Silicon on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding X FAB Silicon Foundries or generate 0.0% return on investment in X-FAB Silicon over 30 days. X-FAB Silicon is related to or competes with NVIDIA, Intel, Taiwan Semiconductor, Marvell Technology, Micron Technology, and Advanced Micro. X-FAB Silicon Foundries SE operates as an analogmixed-signal semiconductor technology foundry More
X-FAB Silicon 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 X-FAB Silicon's pink sheet 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 X FAB Silicon Foundries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 23.09 | |||
| Value At Risk | (2.11) |
X-FAB Silicon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for X-FAB Silicon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as X-FAB Silicon's standard deviation. In reality, there are many statistical measures that can use X-FAB Silicon historical prices to predict the future X-FAB Silicon's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | 0.7355 |
X FAB Silicon Backtested Returns
X FAB Silicon shows Sharpe Ratio of -0.16, which attests that the company had a -0.16% return per unit of volatility over the last 3 months. X FAB Silicon exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out X-FAB Silicon's Mean Deviation of 1.04, standard deviation of 2.67, and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide. The firm maintains a market beta of -0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning X-FAB Silicon are expected to decrease at a much lower rate. During the bear market, X-FAB Silicon is likely to outperform the market. At this point, X FAB Silicon has a negative expected return of -0.42%. Please make sure to check out X-FAB Silicon's total risk alpha, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if X FAB Silicon performance from the past will be repeated sooner or later.
Auto-correlation | 0.65 |
Good predictability
X FAB Silicon Foundries has good predictability. Overlapping area represents the amount of predictability between X-FAB Silicon 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 X FAB Silicon price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current X-FAB Silicon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
X FAB Silicon lagged returns against current returns
Autocorrelation, which is X-FAB Silicon pink sheet'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 X-FAB Silicon's pink sheet expected returns. We can calculate the autocorrelation of X-FAB Silicon returns to help us make a trade decision. For example, suppose you find that X-FAB Silicon has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
X-FAB Silicon 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 X-FAB Silicon pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if X-FAB Silicon pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in X-FAB Silicon pink sheet over time.
Current vs Lagged Prices |
| Timeline |
X-FAB Silicon Lagged Returns
When evaluating X-FAB Silicon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of X-FAB Silicon pink sheet have on its future price. X-FAB Silicon 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, X-FAB Silicon autocorrelation shows the relationship between X-FAB Silicon pink sheet current value and its past values and can show if there is a momentum factor associated with investing in X FAB Silicon Foundries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in X-FAB Pink Sheet
X-FAB Silicon financial ratios help investors to determine whether X-FAB Pink Sheet 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 X-FAB with respect to the benefits of owning X-FAB Silicon security.