Ion Beam (UK) Market Value
| 0GZK Stock | 13.43 0.45 3.24% |
| Symbol | Ion |
Ion Beam '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 Ion Beam'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 Ion Beam.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ion Beam on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Ion Beam Applications or generate 0.0% return on investment in Ion Beam over 30 days. Ion Beam is related to or competes with Lendinvest PLC, Neometals, Coor Service, Albion Technology, Jupiter Fund, JPMorgan ETFs, and Fidelity Sustainable. Ion Beam is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Ion Beam 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 Ion Beam'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 Ion Beam Applications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0293 | |||
| Maximum Drawdown | 17.27 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 6.53 |
Ion Beam Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ion Beam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ion Beam's standard deviation. In reality, there are many statistical measures that can use Ion Beam historical prices to predict the future Ion Beam's volatility.| Risk Adjusted Performance | 0.0609 | |||
| Jensen Alpha | 0.1255 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0461 | |||
| Treynor Ratio | 0.2891 |
Ion Beam Applications Backtested Returns
Ion Beam appears to be not too volatile, given 3 months investment horizon. Ion Beam Applications holds Efficiency (Sharpe) Ratio of 0.0639, which attests that the entity had a 0.0639% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ion Beam Applications, which you can use to evaluate the volatility of the firm. Please utilize Ion Beam's Market Risk Adjusted Performance of 0.2991, downside deviation of 2.06, and Risk Adjusted Performance of 0.0609 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ion Beam holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ion Beam's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ion Beam is expected to be smaller as well. Please check Ion Beam's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Ion Beam's current trending patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Ion Beam Applications has poor reverse predictability. Overlapping area represents the amount of predictability between Ion Beam time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Ion Beam Applications price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Ion Beam price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Ion Beam Applications lagged returns against current returns
Autocorrelation, which is Ion Beam 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 Ion Beam's stock expected returns. We can calculate the autocorrelation of Ion Beam returns to help us make a trade decision. For example, suppose you find that Ion Beam 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 |
Ion Beam 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 Ion Beam stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ion Beam stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ion Beam stock over time.
Current vs Lagged Prices |
| Timeline |
Ion Beam Lagged Returns
When evaluating Ion Beam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ion Beam stock have on its future price. Ion Beam 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, Ion Beam autocorrelation shows the relationship between Ion Beam stock current value and its past values and can show if there is a momentum factor associated with investing in Ion Beam Applications.
Regressed Prices |
| Timeline |
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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.Additional Tools for Ion Stock Analysis
When running Ion Beam's price analysis, check to measure Ion Beam'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 Ion Beam is operating at the current time. Most of Ion Beam's value examination focuses on studying past and present price action to predict the probability of Ion Beam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ion Beam's price. Additionally, you may evaluate how the addition of Ion Beam to your portfolios can decrease your overall portfolio volatility.