Semtech Stock Technical Analysis
| SMTC Stock | USD 35.77 1.07 3.08% |
As of the 29th of April, Semtech has the Semi Deviation of 2.59, coefficient of variation of 480.5, and Risk Adjusted Performance of 0.1383. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Semtech, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Semtech, which can be compared to its competition. Please validate Semtech treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Semtech is priced more or less accurately, providing market reflects its prevalent price of 35.77 per share. Given that Semtech has jensen alpha of 0.6266, we advise you to double-check Semtech's current market performance to make sure the company can sustain itself at a future point.
Semtech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Semtech, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SemtechSemtech |
Semtech Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 34.09 | Strong Buy | 12 | Odds |
Most Semtech analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Semtech stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Semtech, talking to its executives and customers, or listening to Semtech conference calls.
Semtech 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.
Semtech Technical Analysis
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Semtech volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Semtech Trend Analysis
Use this graph to draw trend lines for Semtech. You can use it to identify possible trend reversals for Semtech as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Semtech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Semtech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Semtech applied against its price change over selected period. The best fit line has a slop of 0.30 , which means Semtech will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3295.97, which is the sum of squared deviations for the predicted Semtech price change compared to its average price change.About Semtech Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Semtech on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Semtech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Semtech price pattern first instead of the macroeconomic environment surrounding Semtech. By analyzing Semtech's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Semtech's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Semtech specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2011 | 2015 | 2020 | 2024 (projected) | Payables Turnover | 7.06 | 4.39 | 10.98 | 4.61 | Days Of Inventory On Hand | 117.37 | 126.4 | 106.96 | 137.91 |
Semtech April 29, 2024 Technical Indicators
Most technical analysis of Semtech help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Semtech from various momentum indicators to cycle indicators. When you analyze Semtech charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1383 | |||
| Market Risk Adjusted Performance | 0.3609 | |||
| Mean Deviation | 3.02 | |||
| Semi Deviation | 2.59 | |||
| Downside Deviation | 2.95 | |||
| Coefficient Of Variation | 480.5 | |||
| Standard Deviation | 3.94 | |||
| Variance | 15.49 | |||
| Information Ratio | 0.1855 | |||
| Jensen Alpha | 0.6266 | |||
| Total Risk Alpha | 0.3095 | |||
| Sortino Ratio | 0.2475 | |||
| Treynor Ratio | 0.3509 | |||
| Maximum Drawdown | 19.76 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 6.87 | |||
| Downside Variance | 8.7 | |||
| Semi Variance | 6.68 | |||
| Expected Short fall | (3.79) | |||
| Skewness | 0.7399 | |||
| Kurtosis | 1.38 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Semtech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Semtech Stock refer to our How to Trade Semtech Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Semtech Stock analysis
When running Semtech's price analysis, check to measure Semtech'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 Semtech is operating at the current time. Most of Semtech's value examination focuses on studying past and present price action to predict the probability of Semtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Semtech's price. Additionally, you may evaluate how the addition of Semtech to your portfolios can decrease your overall portfolio volatility.
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Is Semtech's industry 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 Semtech. If investors know Semtech 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 Semtech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Earnings Share (17.03) | Revenue Per Share 13.547 | Quarterly Revenue Growth 0.152 | Return On Assets (0.01) |
The market value of Semtech is measured differently than its book value, which is the value of Semtech that is recorded on the company's balance sheet. Investors also form their own opinion of Semtech's value that differs from its market value or its book value, called intrinsic value, which is Semtech'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 Semtech's market value can be influenced by many factors that don't directly affect Semtech'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 Semtech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Semtech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Semtech'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.