IA Invest (Denmark) Market Value
| IAIPGA Stock | 139.20 0.00 0.00% |
| Symbol | IAIPGA |
IA Invest '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 IA Invest'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 IA Invest.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in IA Invest on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding IA Invest Peruma or generate 0.0% return on investment in IA Invest over 180 days.
IA Invest 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 IA Invest'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 IA Invest Peruma upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8071 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.13 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.46 |
IA Invest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IA Invest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IA Invest's standard deviation. In reality, there are many statistical measures that can use IA Invest historical prices to predict the future IA Invest's volatility.| Risk Adjusted Performance | 0.0465 | |||
| Jensen Alpha | 0.0565 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.20) |
IA Invest Peruma Backtested Returns
At this point, IA Invest is very steady. IA Invest Peruma retains Efficiency (Sharpe Ratio) of 0.0618, which attests that the company had a 0.0618% return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for IA Invest, which you can use to evaluate the volatility of the entity. Please check out IA Invest's Standard Deviation of 0.8706, semi deviation of 0.6619, and Market Risk Adjusted Performance of (0.19) to validate if the risk estimate we provide is consistent with the expected return of 0.0538%. IA Invest has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IA Invest are expected to decrease at a much lower rate. During the bear market, IA Invest is likely to outperform the market. IA Invest Peruma today owns a risk of 0.87%. Please check out IA Invest Peruma variance, potential upside, day typical price, as well as the relationship between the sortino ratio and skewness , to decide if IA Invest Peruma will be following its current price history.
Auto-correlation | 0.03 |
Virtually no predictability
IA Invest Peruma has virtually no predictability. Overlapping area represents the amount of predictability between IA Invest time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th 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 IA Invest Peruma price movement. The serial correlation of 0.03 indicates that only 3.0% of current IA Invest price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 5.59 |
IA Invest Peruma lagged returns against current returns
Autocorrelation, which is IA Invest 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 IA Invest's stock expected returns. We can calculate the autocorrelation of IA Invest returns to help us make a trade decision. For example, suppose you find that IA Invest 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 |
IA Invest 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 IA Invest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IA Invest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IA Invest stock over time.
Current vs Lagged Prices |
| Timeline |
IA Invest Lagged Returns
When evaluating IA Invest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IA Invest stock have on its future price. IA Invest 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, IA Invest autocorrelation shows the relationship between IA Invest stock current value and its past values and can show if there is a momentum factor associated with investing in IA Invest Peruma.
Regressed Prices |
| Timeline |
Pair Trading with IA Invest
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 IA Invest 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 IA Invest will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IA Invest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IA Invest 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 IA Invest - 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 IA Invest Peruma to buy it.
The correlation of IA Invest 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 IA Invest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IA Invest Peruma 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 IA Invest 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.