Silicon Laboratories Stock Momentum Indicators Average Directional Movement Index
SLAB Stock | USD 103.44 1.89 1.86% |
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The output start index for this execution was thirty-nine with a total number of output elements of twenty-two. The average directional index (ADX) measures the strength of a prevailing trend of Silicon Laboratories and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Silicon Laboratories ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
Silicon Laboratories Technical Analysis Modules
Most technical analysis of Silicon Laboratories help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Silicon from various momentum indicators to cycle indicators. When you analyze Silicon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
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About Silicon Laboratories Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Silicon Laboratories. We use our internally-developed statistical techniques to arrive at the intrinsic value of Silicon Laboratories based on widely used predictive technical indicators. In general, we focus on analyzing Silicon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Silicon Laboratories's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Silicon Laboratories's intrinsic value. In addition to deriving basic predictive indicators for Silicon Laboratories, we also check how macroeconomic factors affect Silicon Laboratories price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
2016 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 38.93 | 25.46 | 29.28 | 46.44 | PTB Ratio | 3.28 | 3.39 | 3.9 | 6.51 |
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Silicon Laboratories pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Silicon Laboratories position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Silicon Laboratories will appreciate offsetting losses from the drop in the long position's value.Silicon Laboratories Pair Trading
Silicon Laboratories Pair Trading Analysis
The ability to find closely correlated positions to Silicon Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silicon Laboratories when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Silicon Laboratories - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Silicon Laboratories to buy it.
The correlation of Silicon Laboratories is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Silicon Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silicon Laboratories moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Silicon Laboratories can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Silicon Stock refer to our How to Trade Silicon Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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 Silicon Laboratories. If investors know Silicon 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 Silicon Laboratories 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 (0.47) | Earnings Share (7.41) | Revenue Per Share 15.757 | Quarterly Revenue Growth (0.18) | Return On Assets (0.09) |
The market value of Silicon Laboratories is measured differently than its book value, which is the value of Silicon that is recorded on the company's balance sheet. Investors also form their own opinion of Silicon Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Silicon Laboratories' 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 Silicon Laboratories' market value can be influenced by many factors that don't directly affect Silicon Laboratories' 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 Silicon Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicon Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicon Laboratories' 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.