International Battery Metals Stock Market Value
| IBAT Stock | 0.30 0.02 7.14% |
| Symbol | International |
Please note, there is a significant difference between International Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Battery'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.
International Battery '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 International Battery'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 International Battery.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in International Battery on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding International Battery Metals or generate 0.0% return on investment in International Battery over 30 days. International Battery is related to or competes with Quisitive Technology, Nova Leap, Sparx Technology, Converge Technology, Ocumetics Technology, and Primaris Retail. International Battery is entity of Canada More
International Battery 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 International Battery'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 International Battery Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 57.31 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 13.79 |
International Battery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Battery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Battery's standard deviation. In reality, there are many statistical measures that can use International Battery historical prices to predict the future International Battery's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (2.91) | |||
| Treynor Ratio | 0.5842 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Battery's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
International Battery Backtested Returns
International Battery holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. International Battery exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Battery's Risk Adjusted Performance of (0.08), market risk adjusted performance of 0.5942, and Standard Deviation of 10.24 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -2.05, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning International Battery are expected to decrease by larger amounts. On the other hand, during market turmoil, International Battery is expected to outperform it. At this point, International Battery has a negative expected return of -1.18%. Please make sure to check out International Battery's maximum drawdown, skewness, daily balance of power, as well as the relationship between the potential upside and kurtosis , to decide if International Battery performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
International Battery Metals has modest predictability. Overlapping area represents the amount of predictability between International Battery time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 International Battery price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current International Battery price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
International Battery lagged returns against current returns
Autocorrelation, which is International Battery 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 International Battery's stock expected returns. We can calculate the autocorrelation of International Battery returns to help us make a trade decision. For example, suppose you find that International Battery 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 |
International Battery 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 International Battery stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Battery stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Battery stock over time.
Current vs Lagged Prices |
| Timeline |
International Battery Lagged Returns
When evaluating International Battery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Battery stock have on its future price. International Battery 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, International Battery autocorrelation shows the relationship between International Battery stock current value and its past values and can show if there is a momentum factor associated with investing in International Battery Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for International Stock Analysis
When running International Battery's price analysis, check to measure International Battery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Battery is operating at the current time. Most of International Battery's value examination focuses on studying past and present price action to predict the probability of International Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Battery's price. Additionally, you may evaluate how the addition of International Battery to your portfolios can decrease your overall portfolio volatility.