TOREX SEMICONDUCTOR (Germany) Market Value
| 8KH Stock | 7.70 0.05 0.65% |
| Symbol | TOREX |
TOREX 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 TOREX 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 TOREX SEMICONDUCTOR.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in TOREX SEMICONDUCTOR on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding TOREX SEMICONDUCTOR LTD or generate 0.0% return on investment in TOREX SEMICONDUCTOR over 90 days. TOREX SEMICONDUCTOR is related to or competes with Microchip Technology, X-FAB Silicon, International Game, HOCHSCHILD MINING, TROPHY GAMES, and GAMING FAC. More
TOREX 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 TOREX 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 TOREX SEMICONDUCTOR LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.46 | |||
| Information Ratio | 0.1059 | |||
| Maximum Drawdown | 14.31 | |||
| Value At Risk | (4.29) | |||
| Potential Upside | 5.16 |
TOREX SEMICONDUCTOR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOREX SEMICONDUCTOR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOREX SEMICONDUCTOR's standard deviation. In reality, there are many statistical measures that can use TOREX SEMICONDUCTOR historical prices to predict the future TOREX SEMICONDUCTOR's volatility.| Risk Adjusted Performance | 0.0683 | |||
| Jensen Alpha | 0.2029 | |||
| Total Risk Alpha | 0.5391 | |||
| Sortino Ratio | 0.0858 | |||
| Treynor Ratio | 1.36 |
TOREX SEMICONDUCTOR LTD Backtested Returns
TOREX SEMICONDUCTOR appears to be slightly risky, given 3 months investment horizon. TOREX SEMICONDUCTOR LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0706, which indicates the firm had a 0.0706 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for TOREX SEMICONDUCTOR LTD, which you can use to evaluate the volatility of the company. Please review TOREX SEMICONDUCTOR's risk adjusted performance of 0.0683, and Coefficient Of Variation of 1417.38 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TOREX SEMICONDUCTOR holds a performance score of 5. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TOREX SEMICONDUCTOR's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOREX SEMICONDUCTOR is expected to be smaller as well. Please check TOREX SEMICONDUCTOR's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether TOREX SEMICONDUCTOR's existing price patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
TOREX SEMICONDUCTOR LTD has very weak reverse predictability. Overlapping area represents the amount of predictability between TOREX SEMICONDUCTOR time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 TOREX SEMICONDUCTOR LTD price movement. The serial correlation of -0.06 indicates that barely 6.0% of current TOREX SEMICONDUCTOR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
TOREX SEMICONDUCTOR LTD lagged returns against current returns
Autocorrelation, which is TOREX 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 TOREX SEMICONDUCTOR's stock expected returns. We can calculate the autocorrelation of TOREX SEMICONDUCTOR returns to help us make a trade decision. For example, suppose you find that TOREX 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 |
| Timeline |
TOREX 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 TOREX SEMICONDUCTOR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOREX SEMICONDUCTOR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOREX SEMICONDUCTOR stock over time.
Current vs Lagged Prices |
| Timeline |
TOREX SEMICONDUCTOR Lagged Returns
When evaluating TOREX SEMICONDUCTOR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOREX SEMICONDUCTOR stock have on its future price. TOREX 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, TOREX SEMICONDUCTOR autocorrelation shows the relationship between TOREX SEMICONDUCTOR stock current value and its past values and can show if there is a momentum factor associated with investing in TOREX SEMICONDUCTOR LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TOREX Stock
TOREX SEMICONDUCTOR financial ratios help investors to determine whether TOREX 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 TOREX with respect to the benefits of owning TOREX SEMICONDUCTOR security.