Indie Semiconductor Stock Alpha and Beta Analysis

INDI Stock  USD 5.78  0.07  1.20%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as indie Semiconductor. It also helps investors analyze the systematic and unsystematic risks associated with investing in Indie Semiconductor over a specified time horizon. Remember, high Indie Semiconductor's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Indie Semiconductor's market risk premium analysis include:
Beta
3.99
Alpha
(0.37)
Risk
4.65
Sharpe Ratio
(0.05)
Expected Return
(0.22)
Please note that although Indie Semiconductor alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Indie Semiconductor did 0.37  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of indie Semiconductor stock's relative risk over its benchmark. indie Semiconductor has a beta of 3.99  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Indie Semiconductor will likely underperform. As of now, Indie Semiconductor's Price Book Value Ratio is increasing as compared to previous years. The Indie Semiconductor's current Price Fair Value is estimated to increase to 2.77, while Book Value Per Share is projected to decrease to 3.06.

Enterprise Value

1.26 Billion

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Indie Semiconductor Backtesting, Indie Semiconductor Valuation, Indie Semiconductor Correlation, Indie Semiconductor Hype Analysis, Indie Semiconductor Volatility, Indie Semiconductor History and analyze Indie Semiconductor Performance.
For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.

Indie Semiconductor Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Indie Semiconductor market risk premium is the additional return an investor will receive from holding Indie Semiconductor long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Indie Semiconductor. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Indie Semiconductor's performance over market.
α-0.37   β3.99

Indie Semiconductor expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Indie Semiconductor's Buy-and-hold return. Our buy-and-hold chart shows how Indie Semiconductor performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Indie Semiconductor Market Price Analysis

Market price analysis indicators help investors to evaluate how Indie Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indie Semiconductor shares will generate the highest return on investment. By understating and applying Indie Semiconductor stock market price indicators, traders can identify Indie Semiconductor position entry and exit signals to maximize returns.

Indie Semiconductor Return and Market Media

The median price of Indie Semiconductor for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 6.64 with a coefficient of variation of 6.52. The daily time series for the period is distributed with a sample standard deviation of 0.43, arithmetic mean of 6.65, and mean deviation of 0.37. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
indie Semiconductor Inc has gained 0.80 percent Tuesday In Premarket Trading - InvestorsObserver
02/13/2024
2
Disposition of 1886 shares by Michael Wittmann of Indie Semiconductor subject to Rule 16b-3
02/20/2024
3
Disposition of 1211 shares by Michael Wittmann of Indie Semiconductor at 7.05 subject to Rule 16b-3
02/21/2024
4
Whats Driving ACM Research Incs Surprising 23 percent Stock Rally
02/28/2024
5
Disposition of 1367 shares by Owens Jeffrey J of Indie Semiconductor subject to Rule 16b-3
03/01/2024
6
Disposition of 52 shares by Donald McClymont of Indie Semiconductor at 6.83 subject to Rule 16b-3
03/04/2024
7
Disposition of 21750 shares by Michael Wittmann of Indie Semiconductor subject to Rule 16b-3
03/08/2024
8
Disposition of 10 shares by Donald McClymont of Indie Semiconductor at 6.88 subject to Rule 16b-3
03/11/2024
9
IndiGG Self Reported Market Capitalization Achieves 123.60 Million
03/12/2024
10
Whats Driving ACM Research Incs Surprising 54 percent Stock Rally
03/18/2024
11
indie Semiconductor announces strategic investment in Expedera
03/20/2024
12
Disposition of 1580 shares by Michael Wittmann of Indie Semiconductor at 6.92 subject to Rule 16b-3
03/21/2024
13
Jim Cramer Says You Should Avoid These 11 Stocks
03/25/2024
14
Acquisition by Michael Wittmann of 59 shares of Indie Semiconductor subject to Rule 16b-3
04/03/2024
15
indie Semiconductor Sets Date for First Quarter 2024 Earnings Release and Conference Call
04/11/2024
16
Mutual of America Capital Management LLC Boosts Holdings in indie Semiconductor, Inc. - Defense World
04/17/2024

About Indie Semiconductor Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Indie or other stocks. Alpha measures the amount that position in indie Semiconductor has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2023 2024 (projected)
Dividend Yield0.0053610.004765
Price To Sales Ratio5.285.01

Indie Semiconductor Upcoming Company Events

As portrayed in its financial statements, the presentation of Indie Semiconductor's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Indie Semiconductor's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Indie Semiconductor's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Indie Semiconductor. Please utilize our Beneish M Score to check the likelihood of Indie Semiconductor's management manipulating its earnings.
22nd of February 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Build Portfolio with Indie Semiconductor

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether indie Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Indie Semiconductor'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 Indie Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Indie Semiconductor Stock:
Check out Indie Semiconductor Backtesting, Indie Semiconductor Valuation, Indie Semiconductor Correlation, Indie Semiconductor Hype Analysis, Indie Semiconductor Volatility, Indie Semiconductor History and analyze Indie Semiconductor Performance.
For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.
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 the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Indie Stock analysis

When running Indie Semiconductor's 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 the 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...