Imaflex Stock Market Value
| IFLXF Stock | USD 1.10 0.00 0.00% |
| Symbol | Imaflex |
Imaflex '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 Imaflex'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 Imaflex.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Imaflex on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Imaflex or generate 0.0% return on investment in Imaflex over 180 days. Imaflex is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Imaflex Inc., together with its subsidiaries, develops, manufactures, and sells flexible packaging materials for industr... More
Imaflex 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 Imaflex'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 Imaflex upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1253 | |||
| Maximum Drawdown | 26.49 | |||
| Potential Upside | 3.7 |
Imaflex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imaflex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imaflex's standard deviation. In reality, there are many statistical measures that can use Imaflex historical prices to predict the future Imaflex's volatility.| Risk Adjusted Performance | 0.136 | |||
| Jensen Alpha | 0.4543 | |||
| Total Risk Alpha | 0.0288 | |||
| Treynor Ratio | 1.44 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Imaflex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Imaflex Backtested Returns
At this point, Imaflex is very risky. Imaflex holds Efficiency (Sharpe) Ratio of 0.0879, which attests that the entity had a 0.0879% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Imaflex, which you can use to evaluate the volatility of the firm. Please check out Imaflex's Risk Adjusted Performance of 0.136, standard deviation of 3.0, and Market Risk Adjusted Performance of 1.45 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Imaflex has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Imaflex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Imaflex is expected to be smaller as well. Imaflex right now retains a risk of 1.7%. Please check out Imaflex market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis , to decide if Imaflex will be following its current trending patterns.
Auto-correlation | 0.09 |
Virtually no predictability
Imaflex has virtually no predictability. Overlapping area represents the amount of predictability between Imaflex time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Imaflex price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Imaflex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Imaflex lagged returns against current returns
Autocorrelation, which is Imaflex 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 Imaflex's pink sheet expected returns. We can calculate the autocorrelation of Imaflex returns to help us make a trade decision. For example, suppose you find that Imaflex 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 |
Imaflex 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 Imaflex pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imaflex pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imaflex pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Imaflex Lagged Returns
When evaluating Imaflex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imaflex pink sheet have on its future price. Imaflex 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, Imaflex autocorrelation shows the relationship between Imaflex pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Imaflex.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Imaflex Pink Sheet
Imaflex financial ratios help investors to determine whether Imaflex 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 Imaflex with respect to the benefits of owning Imaflex security.