Silicon Motion Technology Stock Market Value
| SIMO Stock | USD 54.93 0.13 0.24% |
| Symbol | Silicon |
Silicon Motion Technology 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 Silicon Motion. If investors know Silicon 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 Silicon Motion 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 0.953 | Earnings Share 2.66 | Revenue Per Share 24.268 | Quarterly Revenue Growth 0.233 | Return On Assets 0.0554 |
The market value of Silicon Motion Technology is measured differently than its book value, which is the value of Silicon that is recorded on the company's balance sheet. Investors also form their own opinion of Silicon Motion's value that differs from its market value or its book value, called intrinsic value, which is Silicon Motion'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 Silicon Motion's market value can be influenced by many factors that don't directly affect Silicon Motion'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 Silicon Motion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicon Motion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicon Motion'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.
Silicon Motion '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 Silicon Motion'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 Silicon Motion.
| 08/27/2024 |
| 11/25/2024 |
If you would invest 0.00 in Silicon Motion on August 27, 2024 and sell it all today you would earn a total of 0.00 from holding Silicon Motion Technology or generate 0.0% return on investment in Silicon Motion over 90 days. Silicon Motion is related to or competes with ASE Industrial, United Microelectronics, ChipMOS Technologies, SemiLEDS, Himax Technologies, Taiwan Semiconductor, and MACOM Technology. Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash control... More
Silicon Motion 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 Silicon Motion'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 Silicon Motion Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 12.89 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 3.26 |
Silicon Motion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silicon Motion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silicon Motion's standard deviation. In reality, there are many statistical measures that can use Silicon Motion historical prices to predict the future Silicon Motion's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.20) |
Silicon Motion Technology Backtested Returns
Silicon Motion Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.059, which indicates the firm had a -0.059% return per unit of risk over the last 3 months. Silicon Motion Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Silicon Motion's Variance of 6.07, coefficient of variation of (1,199), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of 1.05, which indicates a somewhat significant risk relative to the market. Silicon Motion returns are very sensitive to returns on the market. As the market goes up or down, Silicon Motion is expected to follow. At this point, Silicon Motion Technology has a negative expected return of -0.15%. Please make sure to validate Silicon Motion's skewness, as well as the relationship between the day median price and relative strength index , to decide if Silicon Motion Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Silicon Motion Technology has very weak predictability. Overlapping area represents the amount of predictability between Silicon Motion time series from 27th of August 2024 to 11th of October 2024 and 11th of October 2024 to 25th 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 Silicon Motion Technology price movement. The serial correlation of 0.17 indicates that over 17.0% of current Silicon Motion price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 4.29 |
Silicon Motion Technology lagged returns against current returns
Autocorrelation, which is Silicon Motion 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 Silicon Motion's stock expected returns. We can calculate the autocorrelation of Silicon Motion returns to help us make a trade decision. For example, suppose you find that Silicon Motion 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 |
Silicon Motion 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 Silicon Motion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silicon Motion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silicon Motion stock over time.
Current vs Lagged Prices |
| Timeline |
Silicon Motion Lagged Returns
When evaluating Silicon Motion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silicon Motion stock have on its future price. Silicon Motion 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, Silicon Motion autocorrelation shows the relationship between Silicon Motion stock current value and its past values and can show if there is a momentum factor associated with investing in Silicon Motion Technology.
Regressed Prices |
| Timeline |
When determining whether Silicon Motion Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silicon Motion's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Silicon Motion Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silicon Motion Technology Stock:
Check out Silicon Motion Correlation, Silicon Motion Volatility and Silicon Motion Alpha and Beta module to complement your research on Silicon Motion. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Silicon Motion 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.