Imotrust (Romania) Market Value

ARCV Stock   0.12  0.01  9.09%   
Imotrust's market value is the price at which a share of Imotrust trades on a public exchange. It measures the collective expectations of Imotrust SA investors about its performance. Imotrust is selling at 0.12 as of the 23rd of November 2024; that is 9.09% up since the beginning of the trading day. The stock's open price was 0.11.
With this module, you can estimate the performance of a buy and hold strategy of Imotrust SA and determine expected loss or profit from investing in Imotrust over a given investment horizon. Check out Imotrust Correlation, Imotrust Volatility and Imotrust Alpha and Beta module to complement your research on Imotrust.
Symbol

Please note, there is a significant difference between Imotrust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imotrust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imotrust'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.

Imotrust '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 Imotrust'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 Imotrust.
0.00
10/24/2024
No Change 0.00  0.0 
In 31 days
11/23/2024
0.00
If you would invest  0.00  in Imotrust on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Imotrust SA or generate 0.0% return on investment in Imotrust over 30 days. More

Imotrust 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 Imotrust'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 Imotrust SA upside and downside potential and time the market with a certain degree of confidence.

Imotrust Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Imotrust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imotrust's standard deviation. In reality, there are many statistical measures that can use Imotrust historical prices to predict the future Imotrust's volatility.
Hype
Prediction
LowEstimatedHigh
0.010.124.17
Details
Intrinsic
Valuation
LowRealHigh
0.000.14.15
Details
Naive
Forecast
LowNextHigh
00.134.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.110.120.13
Details

Imotrust SA Backtested Returns

As of now, Imotrust Stock is out of control. Imotrust SA holds Efficiency (Sharpe) Ratio of 0.0199, which attests that the entity had a 0.0199% return per unit of risk over the last 3 months. We have found thirty technical indicators for Imotrust SA, which you can use to evaluate the volatility of the firm. Please check out Imotrust's Market Risk Adjusted Performance of 0.1151, risk adjusted performance of 0.0233, and Downside Deviation of 9.0 to validate if the risk estimate we provide is consistent with the expected return of 0.0804%. Imotrust has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Imotrust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Imotrust is expected to be smaller as well. Imotrust SA right now retains a risk of 4.05%. Please check out Imotrust total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Imotrust will be following its current trending patterns.

Auto-correlation

    
  -0.49  

Modest reverse predictability

Imotrust SA has modest reverse predictability. Overlapping area represents the amount of predictability between Imotrust time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Imotrust SA price movement. The serial correlation of -0.49 indicates that about 49.0% of current Imotrust price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.48
Residual Average0.0
Price Variance0.0

Imotrust SA lagged returns against current returns

Autocorrelation, which is Imotrust 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 Imotrust's stock expected returns. We can calculate the autocorrelation of Imotrust returns to help us make a trade decision. For example, suppose you find that Imotrust 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  

Imotrust 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 Imotrust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imotrust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imotrust stock over time.
   Current vs Lagged Prices   
       Timeline  

Imotrust Lagged Returns

When evaluating Imotrust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imotrust stock have on its future price. Imotrust 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, Imotrust autocorrelation shows the relationship between Imotrust stock current value and its past values and can show if there is a momentum factor associated with investing in Imotrust SA.
   Regressed Prices   
       Timeline  

Pair Trading with Imotrust

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Imotrust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Imotrust will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Imotrust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imotrust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Imotrust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Imotrust SA to buy it.
The correlation of Imotrust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Imotrust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imotrust SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Imotrust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Imotrust Stock

Imotrust financial ratios help investors to determine whether Imotrust 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 Imotrust with respect to the benefits of owning Imotrust security.