Indie Stock Market Value

INDI -  USA Stock  

USD 11.09  0.23  2.03%

Indie Semiconductor's market value is the price at which a share of Indie Semiconductor stock trades on a public exchange. It measures the collective expectations of Indie Semiconductor Cl investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Indie Semiconductor Cl and determine expected loss or profit from investing in Indie Semiconductor over a given investment horizon. Please see Indie Semiconductor Hype Analysis, Indie Semiconductor Correlation, Indie Semiconductor Valuation, Indie Semiconductor Volatility, as well as analyze Indie Semiconductor Alpha and Beta and Indie Semiconductor Performance.
Symbol
Backtest


The market value of Indie Semiconductor is measured differently than its book value, which is the value of Indie that is recorded on the company's balance sheet. Investors also form their own opinion of Indie Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Indie Semiconductor'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 Indie Semiconductor's market value can be influenced by many factors that don't directly affect Indie Semiconductor underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Indie Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine Indie Semiconductor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indie Semiconductor'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.

Indie 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 Indie 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 Indie Semiconductor.
0.00
10/28/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
10/17/2021
0.00
If you would invest  0.00  in Indie Semiconductor on October 28, 2019 and sell it all today you would earn a total of 0.00 from holding Indie Semiconductor Cl or generate 0.0% return on investment in Indie Semiconductor over 720 days. Indie Semiconductor is related to or competes with Formfactor. Indie Semiconductor is entity of United States

Indie 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 Indie 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 Indie Semiconductor Cl upside and downside potential and time the market with a certain degree of confidence.

Indie Semiconductor Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Indie Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indie Semiconductor's standard deviation. In reality, there are many statistical measures that can use Indie Semiconductor historical prices to predict the future Indie Semiconductor's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Indie 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. Please use the tools below to analyze the current value of Indie Semiconductor in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
6.9411.1115.28
Details
Intrinsic
Valuation
LowReal ValueHigh
9.0213.1917.36
Details
Naive
Forecast
LowNext ValueHigh
6.7810.9515.12
Details
5 Analysts
Consensus
LowTarget PriceHigh
14.0017.4020.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Indie Semiconductor. Your research has to be compared to or analyzed against Indie Semiconductor's peers to derive any actionable benefits. When done correctly, Indie Semiconductor's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Indie Semiconductor.

Indie Semiconductor Backtested Returns

Indie Semiconductor appears to be somewhat reliable, given 3 months investment horizon. Indie Semiconductor holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had 0.12% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By evaluating Indie Semiconductor technical indicators you can presently evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Indie Semiconductor's Market Risk Adjusted Performance of (0.79), risk adjusted performance of 0.0865, and Downside Deviation of 3.61 to validate if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Indie Semiconductor holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.5193, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Indie's beta means in this case. As returns on the market increase, returns on owning Indie Semiconductor are expected to decrease at a much lower rate. During the bear market, Indie Semiconductor is likely to outperform the market. Although it is vital to follow Indie Semiconductor current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Indie Semiconductor, which you can use to evaluate the performance of the firm. Please utilizes Indie Semiconductor information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis to make a quick decision on whether Indie Semiconductor Cl current trending patterns will revert.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.24)   

Weak reverse predictability

Indie Semiconductor Cl has weak reverse predictability. Overlapping area represents the amount of predictability between Indie Semiconductor time series from 28th of October 2019 to 22nd of October 2020 and 22nd of October 2020 to 17th of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Indie Semiconductor price movement. The serial correlation of -0.24 indicates that over 24.0% of current Indie Semiconductor price fluctuation can be explain by its past prices. Given that Indie Semiconductor Cl has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Indie Semiconductor for similar time interval.
Correlation Coefficient-0.24
Spearman Rank Test-0.18
Residual Average0.0
Price Variance1.35

Indie Semiconductor lagged returns against current returns

Autocorrelation, which is Indie 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 Indie Semiconductor's stock expected returns. We can calculate the autocorrelation of Indie Semiconductor returns to help us make a trade decision. For example, suppose you find that Indie Semiconductor stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Indie 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 Indie Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indie Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indie Semiconductor stock over time.
 Current vs Lagged Prices 
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      Timeline 

Indie Semiconductor Lagged Returns

When evaluating Indie Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indie Semiconductor stock have on its future price. Indie 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, Indie Semiconductor autocorrelation shows the relationship between Indie Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Indie Semiconductor Cl.
 Regressed Prices 
Share
      Timeline 

Indie Semiconductor Investors Sentiment

The influence of Indie Semiconductor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Indie. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - INDI

Indie Semiconductor Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Indie Semiconductor Cl. What is your judgment towards investing in Indie Semiconductor Cl? Are you bullish or bearish?
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Please see Indie Semiconductor Hype Analysis, Indie Semiconductor Correlation, Indie Semiconductor Valuation, Indie Semiconductor Volatility, as well as analyze Indie Semiconductor Alpha and Beta and Indie Semiconductor Performance. Note that the Indie Semiconductor information on this page should be used as a complementary analysis to other Indie Semiconductor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Indie Stock analysis

When running Indie Semiconductor price analysis, check to measure Indie 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 Indie Semiconductor is operating at the current time. Most of Indie Semiconductor's value examination focuses on studying past and present price action to predict the probability of Indie Semiconductor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Indie Semiconductor's price. Additionally, you may evaluate how the addition of Indie Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Indie Semiconductor 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.
A focus of Indie Semiconductor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Indie Semiconductor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...