International Agricultural's market value is the price at which a share of International Agricultural trades on a public exchange. It measures the collective expectations of International Agricultural Products investors about its performance. International Agricultural is trading at 19.80 as of the 26th of November 2024. This is a 2.17 percent down since the beginning of the trading day. The stock's lowest day price was 19.6. With this module, you can estimate the performance of a buy and hold strategy of International Agricultural Products and determine expected loss or profit from investing in International Agricultural over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
International
International Agricultural '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 Agricultural'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 Agricultural.
0.00
10/27/2024
No Change 0.00
0.0
In 30 days
11/26/2024
0.00
If you would invest 0.00 in International Agricultural on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding International Agricultural Products or generate 0.0% return on investment in International Agricultural over 30 days.
International Agricultural 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 Agricultural'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 Agricultural Products upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Agricultural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Agricultural's standard deviation. In reality, there are many statistical measures that can use International Agricultural historical prices to predict the future International Agricultural's volatility.
International Agricultural appears to be not too volatile, given 3 months investment horizon. International Agricultural holds Efficiency (Sharpe) Ratio of 0.31, which attests that the entity had a 0.31% return per unit of risk over the last 3 months. By evaluating International Agricultural's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please utilize International Agricultural's Risk Adjusted Performance of 0.1933, downside deviation of 2.79, and Market Risk Adjusted Performance of (17.41) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, International Agricultural holds a performance score of 24. The company retains a Market Volatility (i.e., Beta) of -0.0397, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning International Agricultural are expected to decrease at a much lower rate. During the bear market, International Agricultural is likely to outperform the market. Please check International Agricultural's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether International Agricultural's current trending patterns will revert.
Auto-correlation
0.11
Insignificant predictability
International Agricultural Products has insignificant predictability. Overlapping area represents the amount of predictability between International Agricultural time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Agricultural price movement. The serial correlation of 0.11 indicates that less than 11.0% of current International Agricultural price fluctuation can be explain by its past prices.
Correlation Coefficient
0.11
Spearman Rank Test
0.58
Residual Average
0.0
Price Variance
0.69
International Agricultural lagged returns against current returns
Autocorrelation, which is International Agricultural 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 Agricultural's stock expected returns. We can calculate the autocorrelation of International Agricultural returns to help us make a trade decision. For example, suppose you find that International Agricultural 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 Agricultural 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 Agricultural stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Agricultural stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Agricultural stock over time.
Current vs Lagged Prices
Timeline
International Agricultural Lagged Returns
When evaluating International Agricultural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Agricultural stock have on its future price. International Agricultural 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 Agricultural autocorrelation shows the relationship between International Agricultural stock current value and its past values and can show if there is a momentum factor associated with investing in International Agricultural Products.
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.