Ysx Tech Co, Stock Market Value
| YSXT Stock | 4.55 0.44 10.71% |
| Symbol | YSX |
Is Personal Services 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 YSX Tech. If investors know YSX 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 YSX Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of YSX Tech Co, is measured differently than its book value, which is the value of YSX that is recorded on the company's balance sheet. Investors also form their own opinion of YSX Tech's value that differs from its market value or its book value, called intrinsic value, which is YSX Tech'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 YSX Tech's market value can be influenced by many factors that don't directly affect YSX Tech'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 YSX Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if YSX Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YSX Tech'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.
YSX Tech '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 YSX Tech'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 YSX Tech.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in YSX Tech on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding YSX Tech Co, or generate 0.0% return on investment in YSX Tech over 30 days. YSX Tech is related to or competes with SEI Investments, IPG Photonics, Garmin, Celestica, Kulicke, NetEase, and Encore Capital. YSX Tech is entity of United States. It is traded as Stock on NASDAQ exchange. More
YSX Tech 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 YSX Tech'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 YSX Tech Co, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.96 | |||
| Information Ratio | 0.0477 | |||
| Maximum Drawdown | 55.46 | |||
| Value At Risk | (22.22) | |||
| Potential Upside | 40.0 |
YSX Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YSX Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YSX Tech's standard deviation. In reality, there are many statistical measures that can use YSX Tech historical prices to predict the future YSX Tech's volatility.| Risk Adjusted Performance | 0.0495 | |||
| Jensen Alpha | 0.8721 | |||
| Total Risk Alpha | 0.4519 | |||
| Sortino Ratio | 0.063 | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of YSX Tech'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.
YSX Tech Co, Backtested Returns
YSX Tech is extremely dangerous given 3 months investment horizon. YSX Tech Co, shows Sharpe Ratio of 0.0965, which attests that the company had a 0.0965% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use YSX Tech Co, Market Risk Adjusted Performance of (0.38), mean deviation of 13.19, and Downside Deviation of 12.96 to evaluate company specific risk that cannot be diversified away. YSX Tech holds a performance score of 7 on a scale of zero to a hundred. The firm maintains a market beta of -2.11, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning YSX Tech are expected to decrease by larger amounts. On the other hand, during market turmoil, YSX Tech is expected to outperform it. Use YSX Tech Co, skewness, and the relationship between the downside variance and daily balance of power , to analyze future returns on YSX Tech Co,.
Auto-correlation | 0.46 |
Average predictability
YSX Tech Co, has average predictability. Overlapping area represents the amount of predictability between YSX Tech time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 YSX Tech Co, price movement. The serial correlation of 0.46 indicates that about 46.0% of current YSX Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
YSX Tech Co, lagged returns against current returns
Autocorrelation, which is YSX Tech 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 YSX Tech's stock expected returns. We can calculate the autocorrelation of YSX Tech returns to help us make a trade decision. For example, suppose you find that YSX Tech 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 |
YSX Tech 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 YSX Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YSX Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YSX Tech stock over time.
Current vs Lagged Prices |
| Timeline |
YSX Tech Lagged Returns
When evaluating YSX Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YSX Tech stock have on its future price. YSX Tech 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, YSX Tech autocorrelation shows the relationship between YSX Tech stock current value and its past values and can show if there is a momentum factor associated with investing in YSX Tech Co,.
Regressed Prices |
| Timeline |
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Additional Tools for YSX Stock Analysis
When running YSX Tech's price analysis, check to measure YSX Tech'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 YSX Tech is operating at the current time. Most of YSX Tech's value examination focuses on studying past and present price action to predict the probability of YSX Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YSX Tech's price. Additionally, you may evaluate how the addition of YSX Tech to your portfolios can decrease your overall portfolio volatility.