Ibc Advanced Alloys Stock Market Value
| IAALF Stock | USD 0.06 0 4.67% |
| Symbol | IBC |
IBC Advanced '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 IBC Advanced's otc 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 IBC Advanced.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in IBC Advanced on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding IBC Advanced Alloys or generate 0.0% return on investment in IBC Advanced over 180 days. IBC Advanced is related to or competes with Northwest Pipe, ESAB Corp, Mayville Engineering, Ryerson Holding, Tredegar, Insteel Industries, and Carpenter Technology. IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationall... More
IBC Advanced 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 IBC Advanced's otc 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 IBC Advanced Alloys upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.95 | |||
| Information Ratio | 0.0699 | |||
| Maximum Drawdown | 92.86 | |||
| Value At Risk | (18.29) | |||
| Potential Upside | 20.0 |
IBC Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IBC Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IBC Advanced's standard deviation. In reality, there are many statistical measures that can use IBC Advanced historical prices to predict the future IBC Advanced's volatility.| Risk Adjusted Performance | 0.0706 | |||
| Jensen Alpha | 1.12 | |||
| Total Risk Alpha | (1.19) | |||
| Sortino Ratio | 0.0415 | |||
| Treynor Ratio | (3.61) |
IBC Advanced Alloys Backtested Returns
IBC Advanced is out of control given 3 months investment horizon. IBC Advanced Alloys retains Efficiency (Sharpe Ratio) of 0.0812, which attests that the company had a 0.0812% return per unit of return volatility over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use IBC Advanced Alloys Semi Deviation of 8.69, market risk adjusted performance of (3.60), and Downside Deviation of 22.95 to evaluate company specific risk that cannot be diversified away. IBC Advanced holds a performance score of 6 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IBC Advanced are expected to decrease at a much lower rate. During the bear market, IBC Advanced is likely to outperform the market. Use IBC Advanced Alloys treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to analyze future returns on IBC Advanced Alloys.
Auto-correlation | -0.08 |
Very weak reverse predictability
IBC Advanced Alloys has very weak reverse predictability. Overlapping area represents the amount of predictability between IBC Advanced time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 IBC Advanced Alloys price movement. The serial correlation of -0.08 indicates that barely 8.0% of current IBC Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
IBC Advanced Alloys lagged returns against current returns
Autocorrelation, which is IBC Advanced otc 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 IBC Advanced's otc stock expected returns. We can calculate the autocorrelation of IBC Advanced returns to help us make a trade decision. For example, suppose you find that IBC Advanced has exhibited high autocorrelation historically, and you observe that the otc 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 |
IBC Advanced 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 IBC Advanced otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IBC Advanced otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IBC Advanced otc stock over time.
Current vs Lagged Prices |
| Timeline |
IBC Advanced Lagged Returns
When evaluating IBC Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IBC Advanced otc stock have on its future price. IBC Advanced 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, IBC Advanced autocorrelation shows the relationship between IBC Advanced otc stock current value and its past values and can show if there is a momentum factor associated with investing in IBC Advanced Alloys.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in IBC OTC Stock
IBC Advanced financial ratios help investors to determine whether IBC OTC 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 IBC with respect to the benefits of owning IBC Advanced security.