INTRA ENERGY (Germany) Market Value
| ARI Stock | 0.40 0.01 2.56% |
| Symbol | INTRA |
Please note, there is a significant difference between INTRA ENERGY's value and its price as these two are different measures arrived at by different means. Investors typically determine if INTRA ENERGY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, INTRA ENERGY'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.
INTRA ENERGY '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 INTRA ENERGY'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 INTRA ENERGY.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in INTRA ENERGY on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding INTRA ENERGY or generate 0.0% return on investment in INTRA ENERGY over 180 days. INTRA ENERGY is related to or competes with WILLIS LEASE, WisdomTree Investments, PARKEN Sport, REINET INVESTMENTS, and ARDAGH METAL. More
INTRA ENERGY 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 INTRA ENERGY'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 INTRA ENERGY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.56 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 27.12 | |||
| Value At Risk | (7.50) | |||
| Potential Upside | 11.11 |
INTRA ENERGY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INTRA ENERGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INTRA ENERGY's standard deviation. In reality, there are many statistical measures that can use INTRA ENERGY historical prices to predict the future INTRA ENERGY's volatility.| Risk Adjusted Performance | 0.0172 | |||
| Jensen Alpha | 0.1264 | |||
| Total Risk Alpha | (0.75) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.08) |
INTRA ENERGY Backtested Returns
At this point, INTRA ENERGY is out of control. INTRA ENERGY holds Efficiency (Sharpe) Ratio of 0.0325, which attests that the entity had a 0.0325% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for INTRA ENERGY, which you can use to evaluate the volatility of the firm. Please check out INTRA ENERGY's risk adjusted performance of 0.0172, and Market Risk Adjusted Performance of (0.07) to validate if the risk estimate we provide is consistent with the expected return of 0.17%. INTRA ENERGY has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.66, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning INTRA ENERGY are expected to decrease at a much lower rate. During the bear market, INTRA ENERGY is likely to outperform the market. INTRA ENERGY currently retains a risk of 5.32%. Please check out INTRA ENERGY total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if INTRA ENERGY will be following its current trending patterns.
Auto-correlation | -0.51 |
Good reverse predictability
INTRA ENERGY has good reverse predictability. Overlapping area represents the amount of predictability between INTRA ENERGY time series from 1st of June 2024 to 30th of August 2024 and 30th of August 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 INTRA ENERGY price movement. The serial correlation of -0.51 indicates that about 51.0% of current INTRA ENERGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
INTRA ENERGY lagged returns against current returns
Autocorrelation, which is INTRA ENERGY 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 INTRA ENERGY's stock expected returns. We can calculate the autocorrelation of INTRA ENERGY returns to help us make a trade decision. For example, suppose you find that INTRA ENERGY 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 |
INTRA ENERGY 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 INTRA ENERGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INTRA ENERGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INTRA ENERGY stock over time.
Current vs Lagged Prices |
| Timeline |
INTRA ENERGY Lagged Returns
When evaluating INTRA ENERGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INTRA ENERGY stock have on its future price. INTRA ENERGY 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, INTRA ENERGY autocorrelation shows the relationship between INTRA ENERGY stock current value and its past values and can show if there is a momentum factor associated with investing in INTRA ENERGY.
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 INTRA Stock
INTRA ENERGY financial ratios help investors to determine whether INTRA 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 INTRA with respect to the benefits of owning INTRA ENERGY security.