Integral Diagnostics (Australia) Market Value
| IDX Stock | 2.92 0.04 1.35% |
| Symbol | Integral |
Integral Diagnostics '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 Integral Diagnostics' 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 Integral Diagnostics.
| 12/20/2024 |
| 01/19/2025 |
If you would invest 0.00 in Integral Diagnostics on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Integral Diagnostics or generate 0.0% return on investment in Integral Diagnostics over 30 days. Integral Diagnostics is related to or competes with Audio Pixels, Iodm, Regis Healthcare, and Recce. Integral Diagnostics is entity of Australia More
Integral Diagnostics 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 Integral Diagnostics' 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 Integral Diagnostics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.0187 | |||
| Maximum Drawdown | 9.42 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 3.4 |
Integral Diagnostics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Integral Diagnostics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integral Diagnostics' standard deviation. In reality, there are many statistical measures that can use Integral Diagnostics historical prices to predict the future Integral Diagnostics' volatility.| Risk Adjusted Performance | 0.0342 | |||
| Jensen Alpha | 0.0517 | |||
| Total Risk Alpha | 0.0104 | |||
| Sortino Ratio | 0.0183 | |||
| Treynor Ratio | 0.2923 |
Integral Diagnostics Backtested Returns
Integral Diagnostics holds Efficiency (Sharpe) Ratio of -0.0366, which attests that the entity had a -0.0366% return per unit of risk over the last 3 months. Integral Diagnostics exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Integral Diagnostics' Market Risk Adjusted Performance of 0.3023, risk adjusted performance of 0.0342, and Downside Deviation of 1.95 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Integral Diagnostics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Integral Diagnostics is expected to be smaller as well. At this point, Integral Diagnostics has a negative expected return of -0.0677%. Please make sure to check out Integral Diagnostics' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Integral Diagnostics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Integral Diagnostics has insignificant reverse predictability. Overlapping area represents the amount of predictability between Integral Diagnostics time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th of January 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 Integral Diagnostics price movement. The serial correlation of -0.17 indicates that over 17.0% of current Integral Diagnostics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Integral Diagnostics lagged returns against current returns
Autocorrelation, which is Integral Diagnostics 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 Integral Diagnostics' stock expected returns. We can calculate the autocorrelation of Integral Diagnostics returns to help us make a trade decision. For example, suppose you find that Integral Diagnostics 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 |
Integral Diagnostics 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 Integral Diagnostics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integral Diagnostics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integral Diagnostics stock over time.
Current vs Lagged Prices |
| Timeline |
Integral Diagnostics Lagged Returns
When evaluating Integral Diagnostics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integral Diagnostics stock have on its future price. Integral Diagnostics 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, Integral Diagnostics autocorrelation shows the relationship between Integral Diagnostics stock current value and its past values and can show if there is a momentum factor associated with investing in Integral Diagnostics.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Integral Stock Analysis
When running Integral Diagnostics' price analysis, check to measure Integral Diagnostics' 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 Integral Diagnostics is operating at the current time. Most of Integral Diagnostics' value examination focuses on studying past and present price action to predict the probability of Integral Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Integral Diagnostics' price. Additionally, you may evaluate how the addition of Integral Diagnostics to your portfolios can decrease your overall portfolio volatility.