International Container (Philippines) Market Value
| ICT Stock | 397.00 11.00 2.70% |
| Symbol | International |
International Container '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 Container'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 Container.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in International Container on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding International Container Terminal or generate 0.0% return on investment in International Container over 720 days. International Container is related to or competes with Allhome Corp, Altus Property, Monde Nissin, Benguet Corp, and AgriNurture. More
International Container 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 Container'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 Container Terminal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.63 |
International Container Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Container's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Container's standard deviation. In reality, there are many statistical measures that can use International Container historical prices to predict the future International Container's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0252 | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.0817 |
International Container Backtested Returns
International Container holds Efficiency (Sharpe) Ratio of -0.0186, which attests that the entity had a -0.0186% return per unit of risk over the last 3 months. International Container exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Container's Market Risk Adjusted Performance of 0.0917, standard deviation of 1.66, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning International Container are expected to decrease at a much lower rate. During the bear market, International Container is likely to outperform the market. At this point, International Container has a negative expected return of -0.0307%. Please make sure to check out International Container's daily balance of power, and the relationship between the skewness and day typical price , to decide if International Container performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
International Container Terminal has modest predictability. Overlapping area represents the amount of predictability between International Container time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 International Container price movement. The serial correlation of 0.52 indicates that about 52.0% of current International Container price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 3855.09 |
International Container lagged returns against current returns
Autocorrelation, which is International Container 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 Container's stock expected returns. We can calculate the autocorrelation of International Container returns to help us make a trade decision. For example, suppose you find that International Container 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 Container 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 Container stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Container stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Container stock over time.
Current vs Lagged Prices |
| Timeline |
International Container Lagged Returns
When evaluating International Container's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Container stock have on its future price. International Container 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 Container autocorrelation shows the relationship between International Container stock current value and its past values and can show if there is a momentum factor associated with investing in International Container Terminal.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in International Stock
International Container financial ratios help investors to determine whether International Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in International with respect to the benefits of owning International Container security.