MediaTek (Taiwan) Market Value
| 2454 Stock | TWD 1,400 10.00 0.72% |
| Symbol | MediaTek |
MediaTek '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 MediaTek'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 MediaTek.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in MediaTek on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding MediaTek or generate 0.0% return on investment in MediaTek over 90 days. MediaTek is related to or competes with Hon Hai, United Microelectronics, LARGAN Precision, Delta Electronics, and Realtek Semiconductor. MediaTek Inc. researches, develops, produces, and markets integrated circuits worldwide More
MediaTek 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 MediaTek'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 MediaTek upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.1114 | |||
| Maximum Drawdown | 9.68 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 2.82 |
MediaTek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MediaTek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MediaTek's standard deviation. In reality, there are many statistical measures that can use MediaTek historical prices to predict the future MediaTek's volatility.| Risk Adjusted Performance | 0.0587 | |||
| Jensen Alpha | 0.1911 | |||
| Total Risk Alpha | 0.3557 | |||
| Sortino Ratio | 0.0988 | |||
| Treynor Ratio | 0.1472 |
MediaTek Backtested Returns
At this stage we consider MediaTek Stock to be very steady. MediaTek has Sharpe Ratio of 0.0193, which conveys that the firm had a 0.0193 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MediaTek, which you can use to evaluate the volatility of the firm. Please verify MediaTek's Risk Adjusted Performance of 0.0587, downside deviation of 2.22, and Mean Deviation of 1.53 to check out if the risk estimate we provide is consistent with the expected return of 0.0391%. MediaTek has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.75, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MediaTek's returns are expected to increase less than the market. However, during the bear market, the loss of holding MediaTek is expected to be smaller as well. MediaTek right now secures a risk of 2.03%. Please verify MediaTek mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if MediaTek will be following its current price movements.
Auto-correlation | -0.4 |
Poor reverse predictability
MediaTek has poor reverse predictability. Overlapping area represents the amount of predictability between MediaTek time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MediaTek price movement. The serial correlation of -0.4 indicates that just about 40.0% of current MediaTek price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 2235.81 |
MediaTek lagged returns against current returns
Autocorrelation, which is MediaTek 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 MediaTek's stock expected returns. We can calculate the autocorrelation of MediaTek returns to help us make a trade decision. For example, suppose you find that MediaTek 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 |
MediaTek 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 MediaTek stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MediaTek stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MediaTek stock over time.
Current vs Lagged Prices |
| Timeline |
MediaTek Lagged Returns
When evaluating MediaTek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MediaTek stock have on its future price. MediaTek 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, MediaTek autocorrelation shows the relationship between MediaTek stock current value and its past values and can show if there is a momentum factor associated with investing in MediaTek.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for MediaTek Stock Analysis
When running MediaTek's price analysis, check to measure MediaTek'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 MediaTek is operating at the current time. Most of MediaTek's value examination focuses on studying past and present price action to predict the probability of MediaTek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MediaTek's price. Additionally, you may evaluate how the addition of MediaTek to your portfolios can decrease your overall portfolio volatility.