STMicroelectronics (Brazil) Market Value

STMN34 Stock   150.45  0.00  0.00%   
STMicroelectronics' market value is the price at which a share of STMicroelectronics trades on a public exchange. It measures the collective expectations of STMicroelectronics NV investors about its performance. STMicroelectronics is trading at 150.45 as of the 17th of March 2025, a No Change since the beginning of the trading day. The stock's open price was 150.45.
With this module, you can estimate the performance of a buy and hold strategy of STMicroelectronics NV and determine expected loss or profit from investing in STMicroelectronics over a given investment horizon. Check out STMicroelectronics Correlation, STMicroelectronics Volatility and STMicroelectronics Alpha and Beta module to complement your research on STMicroelectronics.
Symbol

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

STMicroelectronics '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 STMicroelectronics' 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 STMicroelectronics.
0.00
12/17/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/17/2025
0.00
If you would invest  0.00  in STMicroelectronics on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding STMicroelectronics NV or generate 0.0% return on investment in STMicroelectronics over 90 days. STMicroelectronics is related to or competes with Tyson Foods, Marfrig Global, Zoom Video, Salesforce, Alaska Air, and Ross Stores. More

STMicroelectronics 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 STMicroelectronics' 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 STMicroelectronics NV upside and downside potential and time the market with a certain degree of confidence.

STMicroelectronics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for STMicroelectronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STMicroelectronics' standard deviation. In reality, there are many statistical measures that can use STMicroelectronics historical prices to predict the future STMicroelectronics' volatility.
Hype
Prediction
LowEstimatedHigh
147.74150.45153.16
Details
Intrinsic
Valuation
LowRealHigh
120.84123.55165.50
Details
Naive
Forecast
LowNextHigh
133.70136.42139.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
147.99149.26150.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as STMicroelectronics. Your research has to be compared to or analyzed against STMicroelectronics' peers to derive any actionable benefits. When done correctly, STMicroelectronics' 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 STMicroelectronics.

STMicroelectronics Backtested Returns

STMicroelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0247, which indicates the firm had a -0.0247 % return per unit of standard deviation over the last 3 months. STMicroelectronics NV exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STMicroelectronics' coefficient of variation of 2117.5, and Risk Adjusted Performance of 0.0479 to confirm the risk estimate we provide. The entity has a beta of -0.0101, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning STMicroelectronics are expected to decrease at a much lower rate. During the bear market, STMicroelectronics is likely to outperform the market. At this point, STMicroelectronics has a negative expected return of -0.0671%. Please make sure to validate STMicroelectronics' total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if STMicroelectronics performance from the past will be repeated at some future point.

Auto-correlation

    
  -0.25  

Weak reverse predictability

STMicroelectronics NV has weak reverse predictability. Overlapping area represents the amount of predictability between STMicroelectronics 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 STMicroelectronics price movement. The serial correlation of -0.25 indicates that over 25.0% of current STMicroelectronics price fluctuation can be explain by its past prices.
Correlation Coefficient-0.25
Spearman Rank Test0.04
Residual Average0.0
Price Variance116.27

STMicroelectronics lagged returns against current returns

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

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

STMicroelectronics Lagged Returns

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

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Other Information on Investing in STMicroelectronics Stock

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