Sigurd Microelectronics (Taiwan) Market Value
| 6257 Stock | TWD 76.10 0.20 0.26% |
| Symbol | Sigurd |
Sigurd Microelectronics '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 Sigurd Microelectronics' 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 Sigurd Microelectronics.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Sigurd Microelectronics on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Sigurd Microelectronics Corp or generate 0.0% return on investment in Sigurd Microelectronics over 90 days. Sigurd Microelectronics is related to or competes with King Yuan, Powertech Technology, Greatek Electronics, Sitronix Technology, and Holtek Semiconductor. Sigurd Microelectronics Corporation provides semiconductor assembly and test services for use in wireless communication,... More
Sigurd Microelectronics 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 Sigurd Microelectronics' 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 Sigurd Microelectronics Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.2056 | |||
| Maximum Drawdown | 7.49 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 3.71 |
Sigurd Microelectronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sigurd Microelectronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sigurd Microelectronics' standard deviation. In reality, there are many statistical measures that can use Sigurd Microelectronics historical prices to predict the future Sigurd Microelectronics' volatility.| Risk Adjusted Performance | 0.1296 | |||
| Jensen Alpha | 0.2027 | |||
| Total Risk Alpha | 0.4197 | |||
| Sortino Ratio | 0.2362 | |||
| Treynor Ratio | (1.42) |
Sigurd Microelectronics Backtested Returns
Sigurd Microelectronics appears to be very steady, given 3 months investment horizon. Sigurd Microelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sigurd Microelectronics Corp, which you can use to evaluate the volatility of the company. Please review Sigurd Microelectronics' Coefficient Of Variation of 696.39, semi deviation of 1.2, and Risk Adjusted Performance of 0.1296 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sigurd Microelectronics holds a performance score of 11. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sigurd Microelectronics are expected to decrease at a much lower rate. During the bear market, Sigurd Microelectronics is likely to outperform the market. Please check Sigurd Microelectronics' semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Sigurd Microelectronics' existing price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Sigurd Microelectronics Corp has below average predictability. Overlapping area represents the amount of predictability between Sigurd Microelectronics time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Sigurd Microelectronics price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Sigurd Microelectronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 11.55 |
Sigurd Microelectronics lagged returns against current returns
Autocorrelation, which is Sigurd Microelectronics 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 Sigurd Microelectronics' stock expected returns. We can calculate the autocorrelation of Sigurd Microelectronics returns to help us make a trade decision. For example, suppose you find that Sigurd Microelectronics 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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Sigurd Microelectronics 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 Sigurd Microelectronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sigurd Microelectronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sigurd Microelectronics stock over time.
Current vs Lagged Prices |
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Sigurd Microelectronics Lagged Returns
When evaluating Sigurd Microelectronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sigurd Microelectronics stock have on its future price. Sigurd Microelectronics 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, Sigurd Microelectronics autocorrelation shows the relationship between Sigurd Microelectronics stock current value and its past values and can show if there is a momentum factor associated with investing in Sigurd Microelectronics Corp.
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 Sigurd Stock Analysis
When running Sigurd Microelectronics' price analysis, check to measure Sigurd Microelectronics' 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 Sigurd Microelectronics is operating at the current time. Most of Sigurd Microelectronics' value examination focuses on studying past and present price action to predict the probability of Sigurd Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sigurd Microelectronics' price. Additionally, you may evaluate how the addition of Sigurd Microelectronics to your portfolios can decrease your overall portfolio volatility.