Navitas Semiconductor Corp Stock Market Value
| NVTS Stock | USD 2.82 0.00 0.00% |
| Symbol | Navitas |
Navitas Semiconductor Price To Book Ratio
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Navitas Semiconductor. If investors know Navitas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Navitas Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share 0.503 | Quarterly Revenue Growth (0.01) | Return On Assets (0.16) | Return On Equity (0.20) |
The market value of Navitas Semiconductor is measured differently than its book value, which is the value of Navitas that is recorded on the company's balance sheet. Investors also form their own opinion of Navitas Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Navitas Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Navitas Semiconductor's market value can be influenced by many factors that don't directly affect Navitas Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Navitas Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navitas Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navitas Semiconductor'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.
Navitas 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 Navitas 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 Navitas Semiconductor.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in Navitas Semiconductor on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding Navitas Semiconductor Corp or generate 0.0% return on investment in Navitas Semiconductor over 720 days. Navitas Semiconductor is related to or competes with ON Semiconductor, Monolithic Power, Globalfoundries, Analog Devices, Wisekey International, Nano Labs, and SemiLEDS. Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits used in power... More
Navitas 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 Navitas 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 Navitas Semiconductor Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.46 | |||
| Information Ratio | 0.0842 | |||
| Maximum Drawdown | 31.57 | |||
| Value At Risk | (8.27) | |||
| Potential Upside | 14.85 |
Navitas Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Navitas Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Navitas Semiconductor's standard deviation. In reality, there are many statistical measures that can use Navitas Semiconductor historical prices to predict the future Navitas Semiconductor's volatility.| Risk Adjusted Performance | 0.0792 | |||
| Jensen Alpha | 0.5876 | |||
| Total Risk Alpha | 0.4195 | |||
| Sortino Ratio | 0.1026 | |||
| Treynor Ratio | (1.38) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Navitas Semiconductor's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Navitas Semiconductor Backtested Returns
Navitas Semiconductor appears to be risky, given 3 months investment horizon. Navitas Semiconductor has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Navitas Semiconductor's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise Navitas Semiconductor's Mean Deviation of 5.09, downside deviation of 5.46, and Risk Adjusted Performance of 0.0792 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Navitas Semiconductor holds a performance score of 9. The company secures a Beta (Market Risk) of -0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Navitas Semiconductor are expected to decrease at a much lower rate. During the bear market, Navitas Semiconductor is likely to outperform the market. Please check Navitas Semiconductor's sortino ratio, semi variance, as well as the relationship between the Semi Variance and day median price , to make a quick decision on whether Navitas Semiconductor's current price movements will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Navitas Semiconductor Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Navitas Semiconductor time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Navitas Semiconductor price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Navitas Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 2.16 |
Navitas Semiconductor lagged returns against current returns
Autocorrelation, which is Navitas 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 Navitas Semiconductor's stock expected returns. We can calculate the autocorrelation of Navitas Semiconductor returns to help us make a trade decision. For example, suppose you find that Navitas 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 |
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Navitas 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 Navitas Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Navitas Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Navitas Semiconductor stock over time.
Current vs Lagged Prices |
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Navitas Semiconductor Lagged Returns
When evaluating Navitas Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Navitas Semiconductor stock have on its future price. Navitas 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, Navitas Semiconductor autocorrelation shows the relationship between Navitas Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Navitas Semiconductor Corp.
Regressed Prices |
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Additional Tools for Navitas Stock Analysis
When running Navitas Semiconductor's price analysis, check to measure Navitas Semiconductor'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 Navitas Semiconductor is operating at the current time. Most of Navitas Semiconductor's value examination focuses on studying past and present price action to predict the probability of Navitas Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navitas Semiconductor's price. Additionally, you may evaluate how the addition of Navitas Semiconductor to your portfolios can decrease your overall portfolio volatility.