IBF Financial (Taiwan) Market Value
| 2889 Stock | TWD 14.45 0.15 1.05% |
| Symbol | IBF |
IBF Financial '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 IBF Financial'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 IBF Financial.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in IBF Financial on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding IBF Financial Holdings or generate 0.0% return on investment in IBF Financial over 90 days. IBF Financial is related to or competes with Taiwan Secom, TTET Union, China Steel, and Taiwan Shin. IBF Financial Holdings Co., Ltd., through its subsidiaries, provides various financial products and services for individ... More
IBF Financial 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 IBF Financial'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 IBF Financial Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 4.58 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 1.69 |
IBF Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IBF Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IBF Financial's standard deviation. In reality, there are many statistical measures that can use IBF Financial historical prices to predict the future IBF Financial's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 1.66 |
IBF Financial Holdings Backtested Returns
IBF Financial Holdings holds Efficiency (Sharpe) Ratio of -0.11, which attests that the company had a -0.11% return per unit of return volatility over the last 3 months. IBF Financial Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IBF Financial's coefficient of variation of (1,253), and Standard Deviation of 1.19 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of -0.0634, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IBF Financial are expected to decrease at a much lower rate. During the bear market, IBF Financial is likely to outperform the market. At this point, IBF Financial Holdings has a negative expected return of -0.13%. Please make sure to check out IBF Financial's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if IBF Financial Holdings performance from the past will be repeated in the future.
Auto-correlation | 0.46 |
Average predictability
IBF Financial Holdings has average predictability. Overlapping area represents the amount of predictability between IBF Financial time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 IBF Financial Holdings price movement. The serial correlation of 0.46 indicates that about 46.0% of current IBF Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
IBF Financial Holdings lagged returns against current returns
Autocorrelation, which is IBF Financial 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 IBF Financial's stock expected returns. We can calculate the autocorrelation of IBF Financial returns to help us make a trade decision. For example, suppose you find that IBF Financial 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 |
IBF Financial 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 IBF Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IBF Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IBF Financial stock over time.
Current vs Lagged Prices |
| Timeline |
IBF Financial Lagged Returns
When evaluating IBF Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IBF Financial stock have on its future price. IBF Financial 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, IBF Financial autocorrelation shows the relationship between IBF Financial stock current value and its past values and can show if there is a momentum factor associated with investing in IBF Financial Holdings.
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 IBF Stock Analysis
When running IBF Financial's price analysis, check to measure IBF Financial'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 IBF Financial is operating at the current time. Most of IBF Financial's value examination focuses on studying past and present price action to predict the probability of IBF Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBF Financial's price. Additionally, you may evaluate how the addition of IBF Financial to your portfolios can decrease your overall portfolio volatility.