ISoftStone Information's market value is the price at which a share of ISoftStone Information trades on a public exchange. It measures the collective expectations of iSoftStone Information Technology investors about its performance. ISoftStone Information is trading at 56.43 as of the 18th of January 2025, a 3.04% down since the beginning of the trading day. The stock's open price was 58.2. With this module, you can estimate the performance of a buy and hold strategy of iSoftStone Information Technology and determine expected loss or profit from investing in ISoftStone Information over a given investment horizon. Check out ISoftStone Information Correlation, ISoftStone Information Volatility and ISoftStone Information Alpha and Beta module to complement your research on ISoftStone Information.
Please note, there is a significant difference between ISoftStone Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if ISoftStone Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ISoftStone Information'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.
ISoftStone Information '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 ISoftStone Information'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 ISoftStone Information.
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12/19/2024
No Change 0.00
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In 31 days
01/18/2025
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If you would invest 0.00 in ISoftStone Information on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding iSoftStone Information Technology or generate 0.0% return on investment in ISoftStone Information over 30 days. ISoftStone Information is related to or competes with JiShi Media, Bus Online, Beijing Enlight, Threes Company, Duzhe Publishing, Omnijoi Media, and Wasu Media. ISoftStone Information is entity of China More
ISoftStone Information 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 ISoftStone Information'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 iSoftStone Information Technology upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ISoftStone Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ISoftStone Information's standard deviation. In reality, there are many statistical measures that can use ISoftStone Information historical prices to predict the future ISoftStone Information's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ISoftStone Information. Your research has to be compared to or analyzed against ISoftStone Information's peers to derive any actionable benefits. When done correctly, ISoftStone Information's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in iSoftStone Information.
iSoftStone Information Backtested Returns
iSoftStone Information holds Efficiency (Sharpe) Ratio of -0.0786, which attests that the entity had a -0.0786% return per unit of risk over the last 3 months. iSoftStone Information exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ISoftStone Information's Risk Adjusted Performance of (0.05), standard deviation of 3.92, and Market Risk Adjusted Performance of (0.47) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.58, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ISoftStone Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding ISoftStone Information is expected to be smaller as well. At this point, iSoftStone Information has a negative expected return of -0.31%. Please make sure to check out ISoftStone Information's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if iSoftStone Information performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.76
Almost perfect reverse predictability
iSoftStone Information Technology has almost perfect reverse predictability. Overlapping area represents the amount of predictability between ISoftStone Information time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iSoftStone Information price movement. The serial correlation of -0.76 indicates that around 76.0% of current ISoftStone Information price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.76
Spearman Rank Test
-0.21
Residual Average
0.0
Price Variance
4.48
iSoftStone Information lagged returns against current returns
Autocorrelation, which is ISoftStone Information 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 ISoftStone Information's stock expected returns. We can calculate the autocorrelation of ISoftStone Information returns to help us make a trade decision. For example, suppose you find that ISoftStone Information 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
ISoftStone Information 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 ISoftStone Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ISoftStone Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ISoftStone Information stock over time.
Current vs Lagged Prices
Timeline
ISoftStone Information Lagged Returns
When evaluating ISoftStone Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ISoftStone Information stock have on its future price. ISoftStone Information 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, ISoftStone Information autocorrelation shows the relationship between ISoftStone Information stock current value and its past values and can show if there is a momentum factor associated with investing in iSoftStone Information Technology.
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 ISoftStone Stock
ISoftStone Information financial ratios help investors to determine whether ISoftStone 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 ISoftStone with respect to the benefits of owning ISoftStone Information security.