Tower Semiconductor (Israel) Market Value
| TSEM Stock | ILA 13,930 240.00 1.75% |
| Symbol | Tower |
Tower 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 Tower 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 Tower Semiconductor.
| 03/27/2023 |
| 03/16/2025 |
If you would invest 0.00 in Tower Semiconductor on March 27, 2023 and sell it all today you would earn a total of 0.00 from holding Tower Semiconductor or generate 0.0% return on investment in Tower Semiconductor over 720 days. Tower Semiconductor is related to or competes with Teva Pharmaceutical, Elbit Systems, Nice, Bezeq Israeli, and ICL Israel. Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal s... More
Tower 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 Tower 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 Tower Semiconductor upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.13 | |||
| Value At Risk | (4.87) | |||
| Potential Upside | 2.87 |
Tower Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tower Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tower Semiconductor's standard deviation. In reality, there are many statistical measures that can use Tower Semiconductor historical prices to predict the future Tower Semiconductor's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | 0.0308 | |||
| Treynor Ratio | (6.15) |
Tower Semiconductor Backtested Returns
Tower Semiconductor owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18 % return per unit of risk over the last 3 months. Tower Semiconductor exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tower Semiconductor's Risk Adjusted Performance of (0.09), variance of 6.4, and Coefficient Of Variation of (916.33) to confirm the risk estimate we provide. The entity has a beta of 0.0465, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tower Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tower Semiconductor is expected to be smaller as well. At this point, Tower Semiconductor has a negative expected return of -0.49%. Please make sure to validate Tower Semiconductor's accumulation distribution, rate of daily change, and the relationship between the kurtosis and daily balance of power , to decide if Tower Semiconductor performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Tower Semiconductor has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Tower Semiconductor time series from 27th of March 2023 to 21st of March 2024 and 21st of March 2024 to 16th 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 Tower Semiconductor price movement. The serial correlation of -0.78 indicates that around 78.0% of current Tower Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 4.1 M |
Tower Semiconductor lagged returns against current returns
Autocorrelation, which is Tower 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 Tower Semiconductor's stock expected returns. We can calculate the autocorrelation of Tower Semiconductor returns to help us make a trade decision. For example, suppose you find that Tower 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 |
Tower 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 Tower Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tower Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tower Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Tower Semiconductor Lagged Returns
When evaluating Tower Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tower Semiconductor stock have on its future price. Tower 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, Tower Semiconductor autocorrelation shows the relationship between Tower Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Tower Semiconductor.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Information and Resources on Investing in Tower Stock
When determining whether Tower Semiconductor is a strong investment it is important to analyze Tower Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tower Semiconductor's future performance. For an informed investment choice regarding Tower Stock, refer to the following important reports:Check out Tower Semiconductor Correlation, Tower Semiconductor Volatility and Tower Semiconductor Alpha and Beta module to complement your research on Tower Semiconductor. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Tower Semiconductor technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.