Mars Semiconductor (Taiwan) Market Value
| 6708 Stock | TWD 45.25 0.85 1.84% |
| Symbol | Mars |
Mars 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 Mars Semiconductor'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 Mars Semiconductor.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Mars Semiconductor on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Mars Semiconductor Corp or generate 0.0% return on investment in Mars Semiconductor over 90 days. Mars Semiconductor is related to or competes with Ablerex Electronics, Rafael Microelectronics, Yeedex Electronic, Emerging Display, Landis Taipei, Green World, and Elan Microelectronics. Mars Semiconductor Corp. operates as a long-range high-bandwidth wireless audio and video chip design company in Taiwan More
Mars 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 Mars Semiconductor'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 Mars Semiconductor Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.0169 | |||
| Maximum Drawdown | 14.51 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 4.18 |
Mars Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mars Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mars Semiconductor's standard deviation. In reality, there are many statistical measures that can use Mars Semiconductor historical prices to predict the future Mars Semiconductor's volatility.| Risk Adjusted Performance | 0.0815 | |||
| Jensen Alpha | 0.1637 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0209 | |||
| Treynor Ratio | 0.7165 |
Mars Semiconductor Corp Backtested Returns
Mars Semiconductor appears to be very steady, given 3 months investment horizon. Mars Semiconductor Corp has Sharpe Ratio of 0.0863, which conveys that the firm had a 0.0863 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mars Semiconductor, which you can use to evaluate the volatility of the firm. Please exercise Mars Semiconductor's Risk Adjusted Performance of 0.0815, downside deviation of 2.18, and Mean Deviation of 1.83 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mars Semiconductor holds a performance score of 6. The company secures a Beta (Market Risk) of 0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mars Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mars Semiconductor is expected to be smaller as well. Please check Mars Semiconductor's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Mars Semiconductor's current price movements will revert.
Auto-correlation | 0.59 |
Modest predictability
Mars Semiconductor Corp has modest predictability. Overlapping area represents the amount of predictability between Mars Semiconductor time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 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 Mars Semiconductor Corp price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Mars Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 2.08 |
Mars Semiconductor Corp lagged returns against current returns
Autocorrelation, which is Mars Semiconductor 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 Mars Semiconductor's stock expected returns. We can calculate the autocorrelation of Mars Semiconductor returns to help us make a trade decision. For example, suppose you find that Mars Semiconductor 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 |
Mars 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 Mars Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mars Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mars Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Mars Semiconductor Lagged Returns
When evaluating Mars Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mars Semiconductor stock have on its future price. Mars 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, Mars Semiconductor autocorrelation shows the relationship between Mars Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Mars Semiconductor Corp.
Regressed Prices |
| Timeline |
Pair Trading with Mars Semiconductor
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 Mars Semiconductor 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 Mars Semiconductor will appreciate offsetting losses from the drop in the long position's value.Moving together with Mars Stock
Moving against Mars Stock
| 0.82 | 6287 | Advanced Microelectronic | PairCorr |
| 0.75 | 9955 | Super Dragon Technology | PairCorr |
| 0.72 | 3596 | Arcadyan Technology Corp Earnings Call Tomorrow | PairCorr |
| 0.6 | 4906 | Gemtek Technology | PairCorr |
| 0.5 | 5388 | Sercomm Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Mars Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mars Semiconductor 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 Mars Semiconductor - 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 Mars Semiconductor Corp to buy it.
The correlation of Mars Semiconductor 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 Mars Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mars Semiconductor Corp 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 Mars Semiconductor 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 Mars Stock Analysis
When running Mars Semiconductor's price analysis, check to measure Mars Semiconductor'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 Mars Semiconductor is operating at the current time. Most of Mars Semiconductor's value examination focuses on studying past and present price action to predict the probability of Mars Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mars Semiconductor's price. Additionally, you may evaluate how the addition of Mars Semiconductor to your portfolios can decrease your overall portfolio volatility.