Inolife Technologies Stock Market Value
| BTGN Stock | USD 0.0003 0.00 0.00% |
| Symbol | Inolife |
Inolife Technologies Price To Book Ratio
Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inolife Technologies. If investors know Inolife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inolife Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets -10.9 K |
The market value of Inolife Technologies is measured differently than its book value, which is the value of Inolife that is recorded on the company's balance sheet. Investors also form their own opinion of Inolife Technologies' value that differs from its market value or its book value, called intrinsic value, which is Inolife Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inolife Technologies' market value can be influenced by many factors that don't directly affect Inolife Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inolife Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inolife Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inolife Technologies' 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.
Inolife Technologies '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 Inolife Technologies' 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 Inolife Technologies.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Inolife Technologies on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Inolife Technologies or generate 0.0% return on investment in Inolife Technologies over 30 days. Inolife Technologies is related to or competes with OFX Group, APAC Resources, and Pinetree Capital. Bitcoin Generation Inc. engages in the development of blockchain technology application, crypto currency mining, and cry... More
Inolife Technologies 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 Inolife Technologies' 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 Inolife Technologies upside and downside potential and time the market with a certain degree of confidence.
Inolife Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inolife Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inolife Technologies' standard deviation. In reality, there are many statistical measures that can use Inolife Technologies historical prices to predict the future Inolife Technologies' volatility.Inolife Technologies Backtested Returns
We have found three technical indicators for Inolife Technologies, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Inolife Technologies are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Inolife Technologies has perfect predictability. Overlapping area represents the amount of predictability between Inolife Technologies time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Inolife Technologies price movement. The serial correlation of 1.0 indicates that 100.0% of current Inolife Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inolife Technologies lagged returns against current returns
Autocorrelation, which is Inolife Technologies 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 Inolife Technologies' stock expected returns. We can calculate the autocorrelation of Inolife Technologies returns to help us make a trade decision. For example, suppose you find that Inolife Technologies 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 |
Inolife Technologies 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 Inolife Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inolife Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inolife Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Inolife Technologies Lagged Returns
When evaluating Inolife Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inolife Technologies stock have on its future price. Inolife Technologies 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, Inolife Technologies autocorrelation shows the relationship between Inolife Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Inolife Technologies.
Regressed Prices |
| Timeline |
Pair Trading with Inolife Technologies
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 Inolife Technologies 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 Inolife Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Inolife Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inolife Technologies 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 Inolife Technologies - 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 Inolife Technologies to buy it.
The correlation of Inolife Technologies 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 Inolife Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inolife Technologies 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 Inolife Technologies 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.Check out Inolife Technologies Correlation, Inolife Technologies Volatility and Inolife Technologies Alpha and Beta module to complement your research on Inolife Technologies. To learn how to invest in Inolife Stock, please use our How to Invest in Inolife Technologies guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Inolife Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.