Iclick Interactive Asia Stock Market Value
| ICLK Stock | USD 4.30 0.20 4.88% |
| Symbol | IClick |
iClick Interactive Asia Price To Book Ratio
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IClick Interactive. If investors know IClick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IClick Interactive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.591 | Earnings Share (3.75) | Revenue Per Share 13.03 | Quarterly Revenue Growth (0.22) | Return On Assets (0.12) |
The market value of iClick Interactive Asia is measured differently than its book value, which is the value of IClick that is recorded on the company's balance sheet. Investors also form their own opinion of IClick Interactive's value that differs from its market value or its book value, called intrinsic value, which is IClick Interactive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IClick Interactive's market value can be influenced by many factors that don't directly affect IClick Interactive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IClick Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if IClick Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IClick Interactive'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.
IClick Interactive '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 IClick Interactive'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 IClick Interactive.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in IClick Interactive on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding iClick Interactive Asia or generate 0.0% return on investment in IClick Interactive over 660 days. IClick Interactive is related to or competes with Marchex, CyberAgent, Travelzoo, Emerald Expositions, Ziff Davis, Direct Digital, and Townsquare Media. iClick Interactive Asia Group Limited, together with its subsidiaries, provides online marketing services in the Peoples... More
IClick Interactive 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 IClick Interactive'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 iClick Interactive Asia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.1058 | |||
| Maximum Drawdown | 14.59 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 5.96 |
IClick Interactive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IClick Interactive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IClick Interactive's standard deviation. In reality, there are many statistical measures that can use IClick Interactive historical prices to predict the future IClick Interactive's volatility.| Risk Adjusted Performance | 0.116 | |||
| Jensen Alpha | 0.4632 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1362 | |||
| Treynor Ratio | 1.22 |
iClick Interactive Asia Backtested Returns
IClick Interactive appears to be slightly risky, given 3 months investment horizon. iClick Interactive Asia holds Efficiency (Sharpe) Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. By examining IClick Interactive's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize IClick Interactive's Market Risk Adjusted Performance of 1.23, semi deviation of 2.56, and Downside Deviation of 2.89 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IClick Interactive holds a performance score of 12. The firm retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IClick Interactive's returns are expected to increase less than the market. However, during the bear market, the loss of holding IClick Interactive is expected to be smaller as well. Please check IClick Interactive's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether IClick Interactive's current trending patterns will revert.
Auto-correlation | 0.57 |
Modest predictability
iClick Interactive Asia has modest predictability. Overlapping area represents the amount of predictability between IClick Interactive time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 iClick Interactive Asia price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current IClick Interactive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.04 |
iClick Interactive Asia lagged returns against current returns
Autocorrelation, which is IClick Interactive 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 IClick Interactive's stock expected returns. We can calculate the autocorrelation of IClick Interactive returns to help us make a trade decision. For example, suppose you find that IClick Interactive 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 |
IClick Interactive 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 IClick Interactive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IClick Interactive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IClick Interactive stock over time.
Current vs Lagged Prices |
| Timeline |
IClick Interactive Lagged Returns
When evaluating IClick Interactive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IClick Interactive stock have on its future price. IClick Interactive 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, IClick Interactive autocorrelation shows the relationship between IClick Interactive stock current value and its past values and can show if there is a momentum factor associated with investing in iClick Interactive Asia.
Regressed Prices |
| Timeline |
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IClick Interactive technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.