Texas Instruments Incorporated Stock Market Value
| TXN Stock | USD 178.91 3.11 1.77% |
| Symbol | Texas |
Texas Instruments Price To Book Ratio
Is Texas Instruments' industry 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 Texas Instruments. If investors know Texas 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 Texas Instruments 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 (0.35) | Dividend Share 5.08 | Earnings Share 6.42 | Revenue Per Share 18.488 | Quarterly Revenue Growth (0.16) |
The market value of Texas Instruments is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Instruments' value that differs from its market value or its book value, called intrinsic value, which is Texas Instruments' 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 Texas Instruments' market value can be influenced by many factors that don't directly affect Texas Instruments' 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 Texas Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Instruments' 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.
Texas Instruments '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 Texas Instruments' 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 Texas Instruments.
| 04/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in Texas Instruments on April 4, 2024 and sell it all today you would earn a total of 0.00 from holding Texas Instruments Incorporated or generate 0.0% return on investment in Texas Instruments over 30 days. Texas Instruments is related to or competes with Microchip Technology, Monolithic Power, NXP Semiconductors, ON Semiconductor, Analog Devices, Qorvo, and Broadcom. Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturer... More
Texas Instruments 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 Texas Instruments' 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 Texas Instruments Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.0652 | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.36 |
Texas Instruments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Instruments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Texas Instruments' standard deviation. In reality, there are many statistical measures that can use Texas Instruments historical prices to predict the future Texas Instruments' volatility.| Risk Adjusted Performance | 0.0797 | |||
| Jensen Alpha | 0.088 | |||
| Total Risk Alpha | 6.0E-4 | |||
| Sortino Ratio | 0.0714 | |||
| Treynor Ratio | 0.144 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Texas Instruments' 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.
Texas Instruments Backtested Returns
Texas Instruments appears to be very steady, given 3 months investment horizon. Texas Instruments owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Texas Instruments Incorporated, which you can use to evaluate the volatility of the company. Please review Texas Instruments' Semi Deviation of 1.29, coefficient of variation of 855.96, and Risk Adjusted Performance of 0.0797 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Texas Instruments holds a performance score of 9. The entity has a beta of 1.18, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Texas Instruments will likely underperform. Please check Texas Instruments' maximum drawdown, skewness, as well as the relationship between the Skewness and day typical price , to make a quick decision on whether Texas Instruments' existing price patterns will revert.
Auto-correlation | -0.32 |
Poor reverse predictability
Texas Instruments Incorporated has poor reverse predictability. Overlapping area represents the amount of predictability between Texas Instruments time series from 4th of April 2024 to 19th of April 2024 and 19th of April 2024 to 4th of May 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 Texas Instruments price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Texas Instruments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 40.51 |
Texas Instruments lagged returns against current returns
Autocorrelation, which is Texas Instruments 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 Texas Instruments' stock expected returns. We can calculate the autocorrelation of Texas Instruments returns to help us make a trade decision. For example, suppose you find that Texas Instruments 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 |
Texas Instruments 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 Texas Instruments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Texas Instruments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Texas Instruments stock over time.
Current vs Lagged Prices |
| Timeline |
Texas Instruments Lagged Returns
When evaluating Texas Instruments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Texas Instruments stock have on its future price. Texas Instruments 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, Texas Instruments autocorrelation shows the relationship between Texas Instruments stock current value and its past values and can show if there is a momentum factor associated with investing in Texas Instruments Incorporated.
Regressed Prices |
| Timeline |
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Check out Texas Instruments Correlation, Texas Instruments Volatility and Texas Instruments Alpha and Beta module to complement your research on Texas Instruments. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Texas Stock analysis
When running Texas Instruments' price analysis, check to measure Texas Instruments' 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 Texas Instruments is operating at the current time. Most of Texas Instruments' value examination focuses on studying past and present price action to predict the probability of Texas Instruments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Instruments' price. Additionally, you may evaluate how the addition of Texas Instruments to your portfolios can decrease your overall portfolio volatility.
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Texas Instruments 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.