Idglobal Corp Stock Market Value
| IDGC Stock | USD 0.0001 0.00 0.00% |
| Symbol | Idglobal |
Idglobal Corp '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 Idglobal Corp's pink sheet 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 Idglobal Corp.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Idglobal Corp on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Idglobal Corp or generate 0.0% return on investment in Idglobal Corp over 540 days. Idglobal Corp is related to or competes with Plug Power, Eos Energy, Sunrise New, Nxu, NeoVolta Common, Ads Tec, and Microvast Holdings. ID Global Corporation, a diversified holdings company, offers a range of business consulting services More
Idglobal Corp 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 Idglobal Corp's pink sheet 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 Idglobal Corp upside and downside potential and time the market with a certain degree of confidence.
Idglobal Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Idglobal Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Idglobal Corp's standard deviation. In reality, there are many statistical measures that can use Idglobal Corp historical prices to predict the future Idglobal Corp's volatility.Idglobal Corp Backtested Returns
We have found three technical indicators for Idglobal Corp, 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 Idglobal Corp are completely uncorrelated.
Auto-correlation | 0.03 |
Virtually no predictability
Idglobal Corp has virtually no predictability. Overlapping area represents the amount of predictability between Idglobal Corp time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Idglobal Corp price movement. The serial correlation of 0.03 indicates that only 3.0% of current Idglobal Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Idglobal Corp lagged returns against current returns
Autocorrelation, which is Idglobal Corp pink sheet'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 Idglobal Corp's pink sheet expected returns. We can calculate the autocorrelation of Idglobal Corp returns to help us make a trade decision. For example, suppose you find that Idglobal Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Idglobal Corp 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 Idglobal Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Idglobal Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Idglobal Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Idglobal Corp Lagged Returns
When evaluating Idglobal Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Idglobal Corp pink sheet have on its future price. Idglobal Corp 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, Idglobal Corp autocorrelation shows the relationship between Idglobal Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Idglobal Corp.
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 Idglobal Pink Sheet
Idglobal Corp financial ratios help investors to determine whether Idglobal Pink Sheet 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 Idglobal with respect to the benefits of owning Idglobal Corp security.