Insas Bhd's market value is the price at which a share of Insas Bhd trades on a public exchange. It measures the collective expectations of Insas Bhd investors about its performance. Insas Bhd is selling for 0.94 as of the 29th of November 2024. This is a 1.08 percent increase since the beginning of the trading day. The stock's lowest day price was 0.94. With this module, you can estimate the performance of a buy and hold strategy of Insas Bhd and determine expected loss or profit from investing in Insas Bhd over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Insas
Insas Bhd '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 Insas Bhd'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 Insas Bhd.
0.00
06/08/2023
No Change 0.00
0.0
In 1 year 5 months and 25 days
11/29/2024
0.00
If you would invest 0.00 in Insas Bhd on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Insas Bhd or generate 0.0% return on investment in Insas Bhd over 540 days.
Insas Bhd 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 Insas Bhd'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 Insas Bhd 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 Insas Bhd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Insas Bhd's standard deviation. In reality, there are many statistical measures that can use Insas Bhd historical prices to predict the future Insas Bhd's volatility.
Insas Bhd holds Efficiency (Sharpe) Ratio of -0.0983, which attests that the entity had a -0.0983% return per unit of risk over the last 3 months. Insas Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Insas Bhd's Risk Adjusted Performance of (0.07), market risk adjusted performance of 11.28, and Standard Deviation of 1.22 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0112, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Insas Bhd are expected to decrease at a much lower rate. During the bear market, Insas Bhd is likely to outperform the market. At this point, Insas Bhd has a negative expected return of -0.12%. Please make sure to check out Insas Bhd's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Insas Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.58
Good reverse predictability
Insas Bhd has good reverse predictability. Overlapping area represents the amount of predictability between Insas Bhd time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Insas Bhd price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Insas Bhd price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.58
Spearman Rank Test
-0.51
Residual Average
0.0
Price Variance
0.0
Insas Bhd lagged returns against current returns
Autocorrelation, which is Insas Bhd 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 Insas Bhd's stock expected returns. We can calculate the autocorrelation of Insas Bhd returns to help us make a trade decision. For example, suppose you find that Insas Bhd 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
Insas Bhd 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 Insas Bhd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Insas Bhd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Insas Bhd stock over time.
Current vs Lagged Prices
Timeline
Insas Bhd Lagged Returns
When evaluating Insas Bhd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Insas Bhd stock have on its future price. Insas Bhd 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, Insas Bhd autocorrelation shows the relationship between Insas Bhd stock current value and its past values and can show if there is a momentum factor associated with investing in Insas Bhd.
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.