NXP Semiconductors (Germany) Market Value
| VNX Stock | EUR 214.00 5.00 2.28% |
| Symbol | NXP |
NXP Semiconductors '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 NXP Semiconductors' 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 NXP Semiconductors.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in NXP Semiconductors on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding NXP Semiconductors NV or generate 0.0% return on investment in NXP Semiconductors over 180 days. NXP Semiconductors is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
NXP Semiconductors 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 NXP Semiconductors' 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 NXP Semiconductors NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.22 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 2.88 |
NXP Semiconductors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NXP Semiconductors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NXP Semiconductors' standard deviation. In reality, there are many statistical measures that can use NXP Semiconductors historical prices to predict the future NXP Semiconductors' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.04) |
NXP Semiconductors Backtested Returns
NXP Semiconductors has Sharpe Ratio of -0.0332, which conveys that the firm had a -0.0332% return per unit of volatility over the last 3 months. NXP Semiconductors exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NXP Semiconductors' risk adjusted performance of (0.01), and Mean Deviation of 1.48 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.29, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NXP Semiconductors will likely underperform. At this point, NXP Semiconductors has a negative expected return of -0.0754%. Please make sure to verify NXP Semiconductors' skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if NXP Semiconductors performance from the past will be repeated at some future point.
Auto-correlation | -0.15 |
Insignificant reverse predictability
NXP Semiconductors NV has insignificant reverse predictability. Overlapping area represents the amount of predictability between NXP Semiconductors time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 NXP Semiconductors price movement. The serial correlation of -0.15 indicates that less than 15.0% of current NXP Semiconductors price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 40.94 |
NXP Semiconductors lagged returns against current returns
Autocorrelation, which is NXP Semiconductors 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 NXP Semiconductors' stock expected returns. We can calculate the autocorrelation of NXP Semiconductors returns to help us make a trade decision. For example, suppose you find that NXP Semiconductors 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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NXP Semiconductors 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 NXP Semiconductors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NXP Semiconductors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NXP Semiconductors stock over time.
Current vs Lagged Prices |
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NXP Semiconductors Lagged Returns
When evaluating NXP Semiconductors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NXP Semiconductors stock have on its future price. NXP Semiconductors 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, NXP Semiconductors autocorrelation shows the relationship between NXP Semiconductors stock current value and its past values and can show if there is a momentum factor associated with investing in NXP Semiconductors NV.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for NXP Stock Analysis
When running NXP Semiconductors' price analysis, check to measure NXP Semiconductors' 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 NXP Semiconductors is operating at the current time. Most of NXP Semiconductors' value examination focuses on studying past and present price action to predict the probability of NXP Semiconductors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NXP Semiconductors' price. Additionally, you may evaluate how the addition of NXP Semiconductors to your portfolios can decrease your overall portfolio volatility.