Inficon Holding Ag Stock Market Value
| IFCNF Stock | USD 1,260 0.00 0.00% |
| Symbol | INFICON |
INFICON Holding '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 INFICON Holding'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 INFICON Holding.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in INFICON Holding on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding INFICON Holding AG or generate 0.0% return on investment in INFICON Holding over 30 days. INFICON Holding is related to or competes with Merit Medical, Pool, Northstar Clean, Sea, Cardinal Health, and Titan Machinery. INFICON Holding AG provides instruments for gas analysis, measurement, and control in the Asia-Pacific, Europe, North Am... More
INFICON Holding 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 INFICON Holding'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 INFICON Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0706 | |||
| Maximum Drawdown | 19.24 |
INFICON Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INFICON Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INFICON Holding's standard deviation. In reality, there are many statistical measures that can use INFICON Holding historical prices to predict the future INFICON Holding's volatility.| Risk Adjusted Performance | 0.1008 | |||
| Jensen Alpha | 0.3349 | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.60) |
INFICON Holding AG Backtested Returns
INFICON Holding appears to be very steady, given 3 months investment horizon. INFICON Holding AG holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for INFICON Holding AG, which you can use to evaluate the volatility of the firm. Please utilize INFICON Holding's Coefficient Of Variation of 812.4, risk adjusted performance of 0.1008, and Market Risk Adjusted Performance of (0.59) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, INFICON Holding holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of -0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning INFICON Holding are expected to decrease at a much lower rate. During the bear market, INFICON Holding is likely to outperform the market. Please check INFICON Holding's variance, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether INFICON Holding's current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
INFICON Holding AG has no correlation between past and present. Overlapping area represents the amount of predictability between INFICON Holding time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 INFICON Holding AG price movement. The serial correlation of 0.0 indicates that just 0.0% of current INFICON Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
INFICON Holding AG lagged returns against current returns
Autocorrelation, which is INFICON Holding 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 INFICON Holding's pink sheet expected returns. We can calculate the autocorrelation of INFICON Holding returns to help us make a trade decision. For example, suppose you find that INFICON Holding 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 |
INFICON Holding 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 INFICON Holding pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INFICON Holding pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INFICON Holding pink sheet over time.
Current vs Lagged Prices |
| Timeline |
INFICON Holding Lagged Returns
When evaluating INFICON Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INFICON Holding pink sheet have on its future price. INFICON Holding 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, INFICON Holding autocorrelation shows the relationship between INFICON Holding pink sheet current value and its past values and can show if there is a momentum factor associated with investing in INFICON Holding AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in INFICON Pink Sheet
INFICON Holding financial ratios help investors to determine whether INFICON 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 INFICON with respect to the benefits of owning INFICON Holding security.