Ingenic Semiconductor (China) Market Value
| 300223 Stock | 73.29 1.46 1.95% |
| Symbol | Ingenic |
Ingenic 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 Ingenic 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 Ingenic Semiconductor.
| 10/30/2024 |
| 12/29/2024 |
If you would invest 0.00 in Ingenic Semiconductor on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Ingenic Semiconductor or generate 0.0% return on investment in Ingenic Semiconductor over 60 days. Ingenic Semiconductor is related to or competes with Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, Guangdong Tianhe, Shandong Ruifeng, and Jiangsu Seagull. Ingenic Semiconductor is entity of China More
Ingenic 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 Ingenic 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 Ingenic Semiconductor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.54 | |||
| Information Ratio | 0.1711 | |||
| Maximum Drawdown | 29.43 | |||
| Value At Risk | (6.29) | |||
| Potential Upside | 10.71 |
Ingenic Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ingenic Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ingenic Semiconductor's standard deviation. In reality, there are many statistical measures that can use Ingenic Semiconductor historical prices to predict the future Ingenic Semiconductor's volatility.| Risk Adjusted Performance | 0.1499 | |||
| Jensen Alpha | 0.9005 | |||
| Total Risk Alpha | 0.7533 | |||
| Sortino Ratio | 0.2466 | |||
| Treynor Ratio | (3.84) |
Ingenic Semiconductor Backtested Returns
Ingenic Semiconductor appears to be very steady, given 3 months investment horizon. Ingenic Semiconductor holds Efficiency (Sharpe) Ratio of 0.066, which attests that the entity had a 0.066% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ingenic Semiconductor, which you can use to evaluate the volatility of the firm. Please utilize Ingenic Semiconductor's Market Risk Adjusted Performance of (3.83), risk adjusted performance of 0.1499, and Downside Deviation of 3.54 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ingenic Semiconductor holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ingenic Semiconductor are expected to decrease at a much lower rate. During the bear market, Ingenic Semiconductor is likely to outperform the market. Please check Ingenic Semiconductor's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Ingenic Semiconductor's current trending patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Ingenic Semiconductor has poor reverse predictability. Overlapping area represents the amount of predictability between Ingenic Semiconductor time series from 30th of October 2024 to 29th of November 2024 and 29th of November 2024 to 29th 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 Ingenic Semiconductor price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Ingenic Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 5.83 |
Ingenic Semiconductor lagged returns against current returns
Autocorrelation, which is Ingenic 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 Ingenic Semiconductor's stock expected returns. We can calculate the autocorrelation of Ingenic Semiconductor returns to help us make a trade decision. For example, suppose you find that Ingenic 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 |
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Ingenic 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 Ingenic Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ingenic Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ingenic Semiconductor stock over time.
Current vs Lagged Prices |
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Ingenic Semiconductor Lagged Returns
When evaluating Ingenic Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ingenic Semiconductor stock have on its future price. Ingenic 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, Ingenic Semiconductor autocorrelation shows the relationship between Ingenic Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Ingenic Semiconductor.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Ingenic Stock
Ingenic Semiconductor financial ratios help investors to determine whether Ingenic 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 Ingenic with respect to the benefits of owning Ingenic Semiconductor security.