Nordic Semiconductor Asa Stock Market Value
| NDCVF Stock | USD 15.67 2.36 17.73% |
| Symbol | Nordic |
Nordic 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 Nordic Semiconductor's pink sheet 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 Nordic Semiconductor.
| 05/16/2025 |
| 08/14/2025 |
If you would invest 0.00 in Nordic Semiconductor on May 16, 2025 and sell it all today you would earn a total of 0.00 from holding Nordic Semiconductor ASA or generate 0.0% return on investment in Nordic Semiconductor over 90 days. Nordic Semiconductor is related to or competes with Synaptics Incorporated, MACOM Technology, Silicon Laboratories, Power Integrations, Alpha, Nano Labs, and ChipMOS Technologies. Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, markets, and sells integrated circuits and... More
Nordic 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 Nordic Semiconductor's pink sheet 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 Nordic Semiconductor ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.1637 | |||
| Maximum Drawdown | 13.74 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 4.67 |
Nordic Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nordic Semiconductor's standard deviation. In reality, there are many statistical measures that can use Nordic Semiconductor historical prices to predict the future Nordic Semiconductor's volatility.| Risk Adjusted Performance | 0.1731 | |||
| Jensen Alpha | 0.5796 | |||
| Total Risk Alpha | 0.1494 | |||
| Sortino Ratio | 0.2295 | |||
| Treynor Ratio | 3.85 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nordic Semiconductor'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.
Nordic Semiconductor ASA Backtested Returns
Nordic Semiconductor appears to be not too volatile, given 3 months investment horizon. Nordic Semiconductor ASA has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nordic Semiconductor, which you can use to evaluate the volatility of the firm. Please exercise Nordic Semiconductor's Downside Deviation of 2.08, risk adjusted performance of 0.1731, and Mean Deviation of 1.57 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nordic Semiconductor holds a performance score of 13. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nordic Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordic Semiconductor is expected to be smaller as well. Please check Nordic Semiconductor's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Nordic Semiconductor's current price movements will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Nordic Semiconductor ASA has weak reverse predictability. Overlapping area represents the amount of predictability between Nordic Semiconductor time series from 16th of May 2025 to 30th of June 2025 and 30th of June 2025 to 14th of August 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 Nordic Semiconductor ASA price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Nordic Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Nordic Semiconductor ASA lagged returns against current returns
Autocorrelation, which is Nordic Semiconductor pink sheet'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 Nordic Semiconductor's pink sheet expected returns. We can calculate the autocorrelation of Nordic Semiconductor returns to help us make a trade decision. For example, suppose you find that Nordic Semiconductor has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Nordic 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 Nordic Semiconductor pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nordic Semiconductor pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nordic Semiconductor pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nordic Semiconductor Lagged Returns
When evaluating Nordic Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nordic Semiconductor pink sheet have on its future price. Nordic 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, Nordic Semiconductor autocorrelation shows the relationship between Nordic Semiconductor pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nordic Semiconductor ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nordic Pink Sheet
Nordic Semiconductor financial ratios help investors to determine whether Nordic Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nordic with respect to the benefits of owning Nordic Semiconductor security.