Ihi Corp Adr Stock Market Value
| IHICY Stock | USD 12.73 0.08 0.62% |
| Symbol | IHI |
IHI 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 IHI 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 IHI Corp.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in IHI Corp on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding IHI Corp ADR or generate 0.0% return on investment in IHI Corp over 180 days. IHI Corp is related to or competes with Sandvik AB, Schneider Electric, Fanuc, Rockwell Automation, and Vestas Wind. IHI Corporation operates in resources, energy, and environment social infrastructure and offshore facilities industrial ... More
IHI 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 IHI 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 IHI Corp ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.02 | |||
| Information Ratio | 0.1119 | |||
| Maximum Drawdown | 33.83 | |||
| Value At Risk | (6.10) | |||
| Potential Upside | 14.06 |
IHI Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IHI Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IHI Corp's standard deviation. In reality, there are many statistical measures that can use IHI Corp historical prices to predict the future IHI Corp's volatility.| Risk Adjusted Performance | 0.114 | |||
| Jensen Alpha | 0.3496 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.118 | |||
| Treynor Ratio | 0.2479 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IHI Corp'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.
IHI Corp ADR Backtested Returns
IHI Corp appears to be somewhat reliable, given 3 months investment horizon. IHI Corp ADR holds Efficiency (Sharpe) Ratio of 0.0844, which attests that the entity had a 0.0844% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for IHI Corp ADR, which you can use to evaluate the volatility of the firm. Please utilize IHI Corp's Market Risk Adjusted Performance of 0.2579, risk adjusted performance of 0.114, and Semi Deviation of 2.18 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IHI Corp holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 2.91, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IHI Corp will likely underperform. Please check IHI Corp's downside variance, and the relationship between the sortino ratio and daily balance of power , to make a quick decision on whether IHI Corp's current trending patterns will revert.
Auto-correlation | 0.64 |
Good predictability
IHI Corp ADR has good predictability. Overlapping area represents the amount of predictability between IHI Corp time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 IHI Corp ADR price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current IHI Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 2.0 |
IHI Corp ADR lagged returns against current returns
Autocorrelation, which is IHI 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 IHI Corp's pink sheet expected returns. We can calculate the autocorrelation of IHI Corp returns to help us make a trade decision. For example, suppose you find that IHI 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 |
IHI 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 IHI Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IHI 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 IHI Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
IHI Corp Lagged Returns
When evaluating IHI Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IHI Corp pink sheet have on its future price. IHI 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, IHI Corp autocorrelation shows the relationship between IHI Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in IHI Corp ADR.
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.Additional Tools for IHI Pink Sheet Analysis
When running IHI Corp's price analysis, check to measure IHI Corp's 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 IHI Corp is operating at the current time. Most of IHI Corp's value examination focuses on studying past and present price action to predict the probability of IHI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHI Corp's price. Additionally, you may evaluate how the addition of IHI Corp to your portfolios can decrease your overall portfolio volatility.