Alchip Technologies (Taiwan) Market Value

3661 Stock  TWD 2,765  30.00  1.07%   
Alchip Technologies' market value is the price at which a share of Alchip Technologies trades on a public exchange. It measures the collective expectations of Alchip Technologies investors about its performance. Alchip Technologies is selling for under 2765.00 as of the 18th of March 2025; that is 1.07 percent decrease since the beginning of the trading day. The stock's lowest day price was 2760.0.
With this module, you can estimate the performance of a buy and hold strategy of Alchip Technologies and determine expected loss or profit from investing in Alchip Technologies over a given investment horizon. Check out Alchip Technologies Correlation, Alchip Technologies Volatility and Alchip Technologies Alpha and Beta module to complement your research on Alchip Technologies.
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Please note, there is a significant difference between Alchip Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alchip Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alchip Technologies' 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.

Alchip Technologies '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 Alchip Technologies' 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 Alchip Technologies.
0.00
12/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/18/2025
0.00
If you would invest  0.00  in Alchip Technologies on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Alchip Technologies or generate 0.0% return on investment in Alchip Technologies over 90 days. Alchip Technologies is related to or competes with Global Unichip, Asmedia Technology, Silergy Corp, Unimicron Technology, and Novatek Microelectronics. Alchip Technologies, Limited, together with its subsidiaries, provides silicon design and manufacturing solutions for ap... More

Alchip Technologies 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 Alchip Technologies' 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 Alchip Technologies upside and downside potential and time the market with a certain degree of confidence.

Alchip Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alchip Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alchip Technologies' standard deviation. In reality, there are many statistical measures that can use Alchip Technologies historical prices to predict the future Alchip Technologies' volatility.
Hype
Prediction
LowEstimatedHigh
2,7622,7652,768
Details
Intrinsic
Valuation
LowRealHigh
2,4882,9602,963
Details

Alchip Technologies Backtested Returns

Alchip Technologies secures Sharpe Ratio (or Efficiency) of -0.0817, which signifies that the company had a -0.0817 % return per unit of standard deviation over the last 3 months. Alchip Technologies exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alchip Technologies' mean deviation of 3.04, and Risk Adjusted Performance of 0.0956 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alchip Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Alchip Technologies is expected to be smaller as well. At this point, Alchip Technologies has a negative expected return of -0.28%. Please make sure to confirm Alchip Technologies' downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Alchip Technologies performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.28  

Poor predictability

Alchip Technologies has poor predictability. Overlapping area represents the amount of predictability between Alchip Technologies time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Alchip Technologies price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Alchip Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test0.29
Residual Average0.0
Price Variance63.4 K

Alchip Technologies lagged returns against current returns

Autocorrelation, which is Alchip Technologies 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 Alchip Technologies' stock expected returns. We can calculate the autocorrelation of Alchip Technologies returns to help us make a trade decision. For example, suppose you find that Alchip Technologies 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  

Alchip Technologies 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 Alchip Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alchip Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alchip Technologies stock over time.
   Current vs Lagged Prices   
       Timeline  

Alchip Technologies Lagged Returns

When evaluating Alchip Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alchip Technologies stock have on its future price. Alchip Technologies 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, Alchip Technologies autocorrelation shows the relationship between Alchip Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Alchip Technologies.
   Regressed Prices   
       Timeline  

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Additional Tools for Alchip Stock Analysis

When running Alchip Technologies' price analysis, check to measure Alchip Technologies' 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 Alchip Technologies is operating at the current time. Most of Alchip Technologies' value examination focuses on studying past and present price action to predict the probability of Alchip Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alchip Technologies' price. Additionally, you may evaluate how the addition of Alchip Technologies to your portfolios can decrease your overall portfolio volatility.