National Silicon (China) Market Value

688126 Stock   20.56  0.29  1.43%   
National Silicon's market value is the price at which a share of National Silicon trades on a public exchange. It measures the collective expectations of National Silicon Industry investors about its performance. National Silicon is trading at 20.56 as of the 1st of March 2025, a 1.43 percent increase since the beginning of the trading day. The stock's open price was 20.27.
With this module, you can estimate the performance of a buy and hold strategy of National Silicon Industry and determine expected loss or profit from investing in National Silicon over a given investment horizon. Check out National Silicon Correlation, National Silicon Volatility and National Silicon Alpha and Beta module to complement your research on National Silicon.
Symbol

Please note, there is a significant difference between National Silicon's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Silicon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Silicon'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.

National Silicon '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 National Silicon'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 National Silicon.
0.00
03/12/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/01/2025
0.00
If you would invest  0.00  in National Silicon on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding National Silicon Industry or generate 0.0% return on investment in National Silicon over 720 days. National Silicon is related to or competes with Bank of Communications, Queclink Wireless, Xiangyang Automobile, Guangxi Wuzhou, and Sanbo Hospital. National Silicon is entity of China. It is traded as Stock on SHG exchange. More

National Silicon 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 National Silicon'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 National Silicon Industry upside and downside potential and time the market with a certain degree of confidence.

National Silicon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for National Silicon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Silicon's standard deviation. In reality, there are many statistical measures that can use National Silicon historical prices to predict the future National Silicon's volatility.
Hype
Prediction
LowEstimatedHigh
17.7420.5823.42
Details
Intrinsic
Valuation
LowRealHigh
14.1817.0222.62
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as National Silicon. Your research has to be compared to or analyzed against National Silicon's peers to derive any actionable benefits. When done correctly, National Silicon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in National Silicon Industry.

National Silicon Industry Backtested Returns

National Silicon Industry has Sharpe Ratio of -0.0179, which conveys that the firm had a -0.0179 % return per unit of risk over the last 3 months. National Silicon exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Silicon's Risk Adjusted Performance of (0.03), mean deviation of 1.68, and Standard Deviation of 2.81 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.83, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning National Silicon are expected to decrease at a much lower rate. During the bear market, National Silicon is likely to outperform the market. At this point, National Silicon Industry has a negative expected return of -0.0509%. Please make sure to verify National Silicon's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if National Silicon Industry performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.71  

Almost perfect reverse predictability

National Silicon Industry has almost perfect reverse predictability. Overlapping area represents the amount of predictability between National Silicon time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 National Silicon Industry price movement. The serial correlation of -0.71 indicates that around 71.0% of current National Silicon price fluctuation can be explain by its past prices.
Correlation Coefficient-0.71
Spearman Rank Test-0.7
Residual Average0.0
Price Variance12.74

National Silicon Industry lagged returns against current returns

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

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

National Silicon Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in National Stock

National Silicon financial ratios help investors to determine whether National 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 National with respect to the benefits of owning National Silicon security.