IRONBARK ZINC's market value is the price at which a share of IRONBARK ZINC trades on a public exchange. It measures the collective expectations of IRONBARK ZINC investors about its performance. IRONBARK ZINC is trading at 0.001 as of the 21st of December 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 0.001. With this module, you can estimate the performance of a buy and hold strategy of IRONBARK ZINC and determine expected loss or profit from investing in IRONBARK ZINC over a given investment horizon. Check out IRONBARK ZINC Correlation, IRONBARK ZINC Volatility and IRONBARK ZINC Alpha and Beta module to complement your research on IRONBARK ZINC.
Please note, there is a significant difference between IRONBARK ZINC's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRONBARK ZINC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRONBARK ZINC'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.
IRONBARK ZINC '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 IRONBARK ZINC'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 IRONBARK ZINC.
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11/21/2024
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In 30 days
12/21/2024
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If you would invest 0.00 in IRONBARK ZINC on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding IRONBARK ZINC or generate 0.0% return on investment in IRONBARK ZINC over 30 days. IRONBARK ZINC is related to or competes with Apple, Apple, and Apple. More
IRONBARK ZINC 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 IRONBARK ZINC'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 IRONBARK ZINC 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 IRONBARK ZINC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IRONBARK ZINC's standard deviation. In reality, there are many statistical measures that can use IRONBARK ZINC historical prices to predict the future IRONBARK ZINC's volatility.
IRONBARK ZINC is out of control given 3 months investment horizon. IRONBARK ZINC holds Efficiency (Sharpe) Ratio of 0.0855, which attests that the entity had a 0.0855% return per unit of volatility over the last 3 months. We were able to break down and interpolate data for nineteen different technical indicators, which can help you to evaluate if expected returns of 1.64% are justified by taking the suggested risk. Use IRONBARK ZINC risk adjusted performance of 0.0519, and Market Risk Adjusted Performance of (0.28) to evaluate company specific risk that cannot be diversified away. IRONBARK ZINC holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -3.48, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning IRONBARK ZINC are expected to decrease by larger amounts. On the other hand, during market turmoil, IRONBARK ZINC is expected to outperform it. Use IRONBARK ZINC value at risk, skewness, and the relationship between the total risk alpha and potential upside , to analyze future returns on IRONBARK ZINC.
Auto-correlation
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No correlation between past and present
IRONBARK ZINC has no correlation between past and present. Overlapping area represents the amount of predictability between IRONBARK ZINC time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 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 IRONBARK ZINC price movement. The serial correlation of 0.0 indicates that just 0.0% of current IRONBARK ZINC price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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IRONBARK ZINC lagged returns against current returns
Autocorrelation, which is IRONBARK ZINC 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 IRONBARK ZINC's stock expected returns. We can calculate the autocorrelation of IRONBARK ZINC returns to help us make a trade decision. For example, suppose you find that IRONBARK ZINC 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
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IRONBARK ZINC 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 IRONBARK ZINC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IRONBARK ZINC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IRONBARK ZINC stock over time.
Current vs Lagged Prices
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IRONBARK ZINC Lagged Returns
When evaluating IRONBARK ZINC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IRONBARK ZINC stock have on its future price. IRONBARK ZINC 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, IRONBARK ZINC autocorrelation shows the relationship between IRONBARK ZINC stock current value and its past values and can show if there is a momentum factor associated with investing in IRONBARK ZINC.
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.
IRONBARK ZINC financial ratios help investors to determine whether IRONBARK 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 IRONBARK with respect to the benefits of owning IRONBARK ZINC security.