Inca Minerals (Australia) Market Value
| ICG Stock | 0.01 0 16.67% |
| Symbol | Inca |
Inca Minerals '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 Inca Minerals' 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 Inca Minerals.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Inca Minerals on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Inca Minerals or generate 0.0% return on investment in Inca Minerals over 30 days. Inca Minerals is related to or competes with MA Financial, EMvision Medical, Sequoia Financial, 4Dmedical, and Medibank Private. Inca Minerals is entity of Australia. It is traded as Stock on AU exchange. More
Inca Minerals 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 Inca Minerals' 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 Inca Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.63 | |||
| Information Ratio | 0.0612 | |||
| Maximum Drawdown | 47.62 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 20.0 |
Inca Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inca Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inca Minerals' standard deviation. In reality, there are many statistical measures that can use Inca Minerals historical prices to predict the future Inca Minerals' volatility.| Risk Adjusted Performance | 0.0674 | |||
| Jensen Alpha | 0.6489 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0458 | |||
| Treynor Ratio | (21.56) |
Inca Minerals Backtested Returns
Inca Minerals is out of control given 3 months investment horizon. Inca Minerals holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Inca Minerals Market Risk Adjusted Performance of (21.55), risk adjusted performance of 0.0674, and Downside Deviation of 12.63 to evaluate company specific risk that cannot be diversified away. Inca Minerals holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.03, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Inca Minerals are expected to decrease at a much lower rate. During the bear market, Inca Minerals is likely to outperform the market. Use Inca Minerals mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on Inca Minerals.
Auto-correlation | -0.09 |
Very weak reverse predictability
Inca Minerals has very weak reverse predictability. Overlapping area represents the amount of predictability between Inca Minerals time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Inca Minerals price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Inca Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inca Minerals lagged returns against current returns
Autocorrelation, which is Inca Minerals 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 Inca Minerals' stock expected returns. We can calculate the autocorrelation of Inca Minerals returns to help us make a trade decision. For example, suppose you find that Inca Minerals 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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Inca Minerals 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 Inca Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inca Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inca Minerals stock over time.
Current vs Lagged Prices |
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Inca Minerals Lagged Returns
When evaluating Inca Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inca Minerals stock have on its future price. Inca Minerals 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, Inca Minerals autocorrelation shows the relationship between Inca Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Inca Minerals.
Regressed Prices |
| Timeline |
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Additional Tools for Inca Stock Analysis
When running Inca Minerals' price analysis, check to measure Inca Minerals' 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 Inca Minerals is operating at the current time. Most of Inca Minerals' value examination focuses on studying past and present price action to predict the probability of Inca Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inca Minerals' price. Additionally, you may evaluate how the addition of Inca Minerals to your portfolios can decrease your overall portfolio volatility.