Systex Corp's market value is the price at which a share of Systex Corp trades on a public exchange. It measures the collective expectations of Systex Corp investors about its performance. Systex Corp is selling for under 140.00 as of the 4th of January 2025; that is 1.75% down since the beginning of the trading day. The stock's lowest day price was 138.5. With this module, you can estimate the performance of a buy and hold strategy of Systex Corp and determine expected loss or profit from investing in Systex Corp over a given investment horizon. Check out Systex Corp Correlation, Systex Corp Volatility and Systex Corp Alpha and Beta module to complement your research on Systex Corp.
Please note, there is a significant difference between Systex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Systex Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Systex Corp's 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.
Systex Corp '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 Systex Corp'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 Systex Corp.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in Systex Corp on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Systex Corp or generate 0.0% return on investment in Systex Corp over 60 days. Systex Corp is related to or competes with United Microelectronics, MediaTek, Chunghwa Telecom, and Delta Electronics. Systex Corporation provides IT and software services in the Asia-Pacific region More
Systex Corp 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 Systex Corp'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 Systex Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Systex Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Systex Corp's standard deviation. In reality, there are many statistical measures that can use Systex Corp historical prices to predict the future Systex Corp's volatility.
At this stage we consider Systex Stock to be very steady. Systex Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0747, which indicates the firm had a 0.0747% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Systex Corp, which you can use to evaluate the volatility of the company. Please validate Systex Corp's Semi Deviation of 1.74, coefficient of variation of 1281.01, and Risk Adjusted Performance of 0.0701 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Systex Corp has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Systex Corp are expected to decrease at a much lower rate. During the bear market, Systex Corp is likely to outperform the market. Systex Corp right now has a risk of 2.53%. Please validate Systex Corp standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Systex Corp will be following its existing price patterns.
Auto-correlation
0.80
Very good predictability
Systex Corp has very good predictability. Overlapping area represents the amount of predictability between Systex Corp time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Systex Corp price movement. The serial correlation of 0.8 indicates that around 80.0% of current Systex Corp price fluctuation can be explain by its past prices.
Correlation Coefficient
0.8
Spearman Rank Test
0.41
Residual Average
0.0
Price Variance
66.2
Systex Corp lagged returns against current returns
Autocorrelation, which is Systex Corp 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 Systex Corp's stock expected returns. We can calculate the autocorrelation of Systex Corp returns to help us make a trade decision. For example, suppose you find that Systex Corp 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
Systex Corp 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 Systex Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Systex Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Systex Corp stock over time.
Current vs Lagged Prices
Timeline
Systex Corp Lagged Returns
When evaluating Systex Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Systex Corp stock have on its future price. Systex Corp 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, Systex Corp autocorrelation shows the relationship between Systex Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Systex Corp.
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.
When running Systex Corp's price analysis, check to measure Systex Corp'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 Systex Corp is operating at the current time. Most of Systex Corp's value examination focuses on studying past and present price action to predict the probability of Systex Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Systex Corp's price. Additionally, you may evaluate how the addition of Systex Corp to your portfolios can decrease your overall portfolio volatility.