International Company (Egypt) Market Value
| ICLE Stock | 41.00 0.00 0.00% |
| Symbol | International |
International Company '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 Company'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 Company.
| 03/17/2023 |
| 03/06/2025 |
If you would invest 0.00 in International Company on March 17, 2023 and sell it all today you would earn a total of 0.00 from holding International Company For or generate 0.0% return on investment in International Company over 720 days.
International Company 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 Company'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 Company For upside and downside potential and time the market with a certain degree of confidence.
International Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Company's standard deviation. In reality, there are many statistical measures that can use International Company historical prices to predict the future International Company's volatility.International Company Backtested Returns
We have found three technical indicators for International Company, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and International Company are completely uncorrelated.
Auto-correlation | 0.18 |
Very weak predictability
International Company For has very weak predictability. Overlapping area represents the amount of predictability between International Company time series from 17th of March 2023 to 11th of March 2024 and 11th of March 2024 to 6th of March 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 International Company price movement. The serial correlation of 0.18 indicates that over 18.0% of current International Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
International Company lagged returns against current returns
Autocorrelation, which is International Company 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 Company's stock expected returns. We can calculate the autocorrelation of International Company returns to help us make a trade decision. For example, suppose you find that International Company 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 Company 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 Company stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Company stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Company stock over time.
Current vs Lagged Prices |
| Timeline |
International Company Lagged Returns
When evaluating International Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Company stock have on its future price. International Company 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 Company autocorrelation shows the relationship between International Company stock current value and its past values and can show if there is a momentum factor associated with investing in International Company For.
Regressed Prices |
| Timeline |