Integrated Electronic (China) Market Value
| 002339 Stock | 7.06 0.27 3.68% |
| Symbol | Integrated |
Integrated Electronic '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 Integrated Electronic'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 Integrated Electronic.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Integrated Electronic on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Integrated Electronic Systems or generate 0.0% return on investment in Integrated Electronic over 720 days. Integrated Electronic is related to or competes with Digital China, Longmaster Information, ButOne Information, Shenzhen SDG, Sinosteel Engineering, Guangdong Liantai, and Tongxing Environmental. Integrated Electronic is entity of China More
Integrated Electronic 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 Integrated Electronic'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 Integrated Electronic Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.33 | |||
| Information Ratio | 0.0727 | |||
| Maximum Drawdown | 20.02 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 5.69 |
Integrated Electronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Integrated Electronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integrated Electronic's standard deviation. In reality, there are many statistical measures that can use Integrated Electronic historical prices to predict the future Integrated Electronic's volatility.| Risk Adjusted Performance | 0.0956 | |||
| Jensen Alpha | 0.3488 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0677 | |||
| Treynor Ratio | (14.92) |
Integrated Electronic Backtested Returns
Integrated Electronic appears to be slightly risky, given 3 months investment horizon. Integrated Electronic holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Integrated Electronic's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Integrated Electronic's Risk Adjusted Performance of 0.0956, market risk adjusted performance of (14.91), and Downside Deviation of 3.33 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Integrated Electronic holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.0232, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Integrated Electronic are expected to decrease at a much lower rate. During the bear market, Integrated Electronic is likely to outperform the market. Please check Integrated Electronic's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Integrated Electronic's current trending patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Integrated Electronic Systems has insignificant reverse predictability. Overlapping area represents the amount of predictability between Integrated Electronic time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th of November 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 Integrated Electronic price movement. The serial correlation of -0.16 indicates that over 16.0% of current Integrated Electronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Integrated Electronic lagged returns against current returns
Autocorrelation, which is Integrated Electronic 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 Integrated Electronic's stock expected returns. We can calculate the autocorrelation of Integrated Electronic returns to help us make a trade decision. For example, suppose you find that Integrated Electronic 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 |
Integrated Electronic 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 Integrated Electronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integrated Electronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integrated Electronic stock over time.
Current vs Lagged Prices |
| Timeline |
Integrated Electronic Lagged Returns
When evaluating Integrated Electronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integrated Electronic stock have on its future price. Integrated Electronic 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, Integrated Electronic autocorrelation shows the relationship between Integrated Electronic stock current value and its past values and can show if there is a momentum factor associated with investing in Integrated Electronic Systems.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Integrated Stock
Integrated Electronic financial ratios help investors to determine whether Integrated 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 Integrated with respect to the benefits of owning Integrated Electronic security.