Indutrade (Germany) Market Value
| I1M Stock | EUR 23.24 0.22 0.96% |
| Symbol | Indutrade |
Indutrade '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 Indutrade'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 Indutrade.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Indutrade on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Indutrade AB or generate 0.0% return on investment in Indutrade over 510 days. Indutrade is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Indutrade AB markets and sells components, systems, and services to various industries worldwide More
Indutrade 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 Indutrade'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 Indutrade AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 1.71 |
Indutrade Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indutrade's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indutrade's standard deviation. In reality, there are many statistical measures that can use Indutrade historical prices to predict the future Indutrade's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (1.47) |
Indutrade AB Backtested Returns
Indutrade AB holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. Indutrade AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indutrade's Market Risk Adjusted Performance of (1.46), risk adjusted performance of (0.11), and Standard Deviation of 1.45 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Indutrade's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indutrade is expected to be smaller as well. At this point, Indutrade AB has a negative expected return of -0.26%. Please make sure to check out Indutrade's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Indutrade AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Indutrade AB has below average predictability. Overlapping area represents the amount of predictability between Indutrade time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Indutrade AB price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Indutrade price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 3.08 |
Indutrade AB lagged returns against current returns
Autocorrelation, which is Indutrade 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 Indutrade's stock expected returns. We can calculate the autocorrelation of Indutrade returns to help us make a trade decision. For example, suppose you find that Indutrade 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 |
Indutrade 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 Indutrade stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indutrade stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indutrade stock over time.
Current vs Lagged Prices |
| Timeline |
Indutrade Lagged Returns
When evaluating Indutrade's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indutrade stock have on its future price. Indutrade 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, Indutrade autocorrelation shows the relationship between Indutrade stock current value and its past values and can show if there is a momentum factor associated with investing in Indutrade AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Indutrade Stock
Indutrade financial ratios help investors to determine whether Indutrade 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 Indutrade with respect to the benefits of owning Indutrade security.