Monolithic Historical Valuation
| MPWR Stock | USD 711.24 19.30 2.64% |
Some fundamental drivers such as market cap or Monolithic Power enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Monolithic Power Systems valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Monolithic Power's future value.
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About Monolithic Valuation Data Analysis
Valuation is the financial process of determining what Monolithic Power is worth. Monolithic Power valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Monolithic Power valuation ratios help investors to determine whether Monolithic Stock 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 Monolithic with respect to the benefits of owning Monolithic Power security.
Monolithic Power Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as Monolithic Power theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Monolithic Power Systems debt, but would also pocket its cash. Enterprise Value is more accurate representation of Monolithic Power value than its market capitalization because it takes into account all of Monolithic Power Systems existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with Monolithic Power
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Monolithic Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Monolithic Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Monolithic Stock
| 0.83 | MU | Micron Technology | PairCorr |
| 0.81 | MX | MagnaChip Semiconductor | PairCorr |
| 0.79 | ON | ON Semiconductor | PairCorr |
| 0.73 | AMD | Advanced Micro Devices Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Monolithic Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monolithic Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Monolithic Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Monolithic Power Systems to buy it.
The correlation of Monolithic Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Monolithic Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monolithic Power Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Monolithic Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Monolithic Stock Analysis
When running Monolithic Power's price analysis, check to measure Monolithic Power'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 Monolithic Power is operating at the current time. Most of Monolithic Power's value examination focuses on studying past and present price action to predict the probability of Monolithic Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monolithic Power's price. Additionally, you may evaluate how the addition of Monolithic Power to your portfolios can decrease your overall portfolio volatility.