Mospec Semiconductor (Taiwan) Market Value
| 2434 Stock | TWD 31.30 0.30 0.95% |
| Symbol | Mospec |
Mospec Semiconductor '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 Mospec Semiconductor'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 Mospec Semiconductor.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Mospec Semiconductor on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Mospec Semiconductor Corp or generate 0.0% return on investment in Mospec Semiconductor over 30 days. Mospec Semiconductor is related to or competes with LandMark Optoelectronics, WT Microelectronics, Universal Microelectronics, Tehmag Foods, Standard Foods, Microelectronics, and Everlight Electronics. Mospec Semiconductor Corp. produces and sells semiconductor products primarily in Taiwan More
Mospec Semiconductor 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 Mospec Semiconductor'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 Mospec Semiconductor Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 1.58 |
Mospec Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mospec Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mospec Semiconductor's standard deviation. In reality, there are many statistical measures that can use Mospec Semiconductor historical prices to predict the future Mospec Semiconductor's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.87) |
Mospec Semiconductor Corp Backtested Returns
Mospec Semiconductor Corp has Sharpe Ratio of -0.0555, which conveys that the firm had a -0.0555% return per unit of risk over the last 3 months. Mospec Semiconductor exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mospec Semiconductor's Mean Deviation of 0.6995, standard deviation of 1.04, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0279, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mospec Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mospec Semiconductor is expected to be smaller as well. At this point, Mospec Semiconductor Corp has a negative expected return of -0.059%. Please make sure to verify Mospec Semiconductor's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Mospec Semiconductor Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Mospec Semiconductor Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Mospec Semiconductor time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Mospec Semiconductor Corp price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Mospec Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Mospec Semiconductor Corp lagged returns against current returns
Autocorrelation, which is Mospec Semiconductor 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 Mospec Semiconductor's stock expected returns. We can calculate the autocorrelation of Mospec Semiconductor returns to help us make a trade decision. For example, suppose you find that Mospec Semiconductor 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 |
Mospec Semiconductor 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 Mospec Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mospec Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mospec Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Mospec Semiconductor Lagged Returns
When evaluating Mospec Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mospec Semiconductor stock have on its future price. Mospec Semiconductor 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, Mospec Semiconductor autocorrelation shows the relationship between Mospec Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Mospec Semiconductor Corp.
Regressed Prices |
| Timeline |
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When running Mospec Semiconductor's price analysis, check to measure Mospec Semiconductor'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 Mospec Semiconductor is operating at the current time. Most of Mospec Semiconductor's value examination focuses on studying past and present price action to predict the probability of Mospec Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mospec Semiconductor's price. Additionally, you may evaluate how the addition of Mospec Semiconductor to your portfolios can decrease your overall portfolio volatility.