Chipmos Technologies Stock Market Value
| IMOS Stock | USD 19.73 0.20 1.02% |
| Symbol | ChipMOS |
ChipMOS Technologies Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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 ChipMOS Technologies. If investors know ChipMOS 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 ChipMOS Technologies 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 (0.49) | Dividend Share 1.8 | Earnings Share 1.52 | Revenue Per Share 633.12 | Quarterly Revenue Growth 0.087 |
The market value of ChipMOS Technologies is measured differently than its book value, which is the value of ChipMOS that is recorded on the company's balance sheet. Investors also form their own opinion of ChipMOS Technologies' value that differs from its market value or its book value, called intrinsic value, which is ChipMOS Technologies' 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 ChipMOS Technologies' market value can be influenced by many factors that don't directly affect ChipMOS Technologies' 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 ChipMOS Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ChipMOS Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChipMOS Technologies' 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.
ChipMOS Technologies '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 ChipMOS Technologies' 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 ChipMOS Technologies.
| 12/01/2022 |
| 11/20/2024 |
If you would invest 0.00 in ChipMOS Technologies on December 1, 2022 and sell it all today you would earn a total of 0.00 from holding ChipMOS Technologies or generate 0.0% return on investment in ChipMOS Technologies over 720 days. ChipMOS Technologies is related to or competes with Ecolab, Space-Communication, Dave Busters, Sealed Air, Mosaic, Radcom, and Park Electrochemical. ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-preci... More
ChipMOS Technologies 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 ChipMOS Technologies' 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 ChipMOS Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 7.78 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 2.38 |
ChipMOS Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ChipMOS Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ChipMOS Technologies' standard deviation. In reality, there are many statistical measures that can use ChipMOS Technologies historical prices to predict the future ChipMOS Technologies' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (2.34) |
ChipMOS Technologies Backtested Returns
ChipMOS Technologies secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. ChipMOS Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ChipMOS Technologies' Risk Adjusted Performance of (0.11), standard deviation of 1.55, and Mean Deviation of 1.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ChipMOS Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding ChipMOS Technologies is expected to be smaller as well. At this point, ChipMOS Technologies has a negative expected return of -0.23%. Please make sure to confirm ChipMOS Technologies' standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if ChipMOS Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
ChipMOS Technologies has poor reverse predictability. Overlapping area represents the amount of predictability between ChipMOS Technologies time series from 1st of December 2022 to 26th of November 2023 and 26th of November 2023 to 20th of November 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 ChipMOS Technologies price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current ChipMOS Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 5.61 |
ChipMOS Technologies lagged returns against current returns
Autocorrelation, which is ChipMOS Technologies 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 ChipMOS Technologies' stock expected returns. We can calculate the autocorrelation of ChipMOS Technologies returns to help us make a trade decision. For example, suppose you find that ChipMOS Technologies 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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ChipMOS Technologies 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 ChipMOS Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ChipMOS Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ChipMOS Technologies stock over time.
Current vs Lagged Prices |
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ChipMOS Technologies Lagged Returns
When evaluating ChipMOS Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ChipMOS Technologies stock have on its future price. ChipMOS Technologies 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, ChipMOS Technologies autocorrelation shows the relationship between ChipMOS Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in ChipMOS Technologies.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for ChipMOS Stock Analysis
When running ChipMOS Technologies' price analysis, check to measure ChipMOS Technologies' 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 ChipMOS Technologies is operating at the current time. Most of ChipMOS Technologies' value examination focuses on studying past and present price action to predict the probability of ChipMOS Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChipMOS Technologies' price. Additionally, you may evaluate how the addition of ChipMOS Technologies to your portfolios can decrease your overall portfolio volatility.