IMCD NV (Netherlands) Market Value
| IMCD Stock | EUR 137.35 0.65 0.47% |
| Symbol | IMCD |
IMCD NV '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 IMCD NV'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 IMCD NV.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in IMCD NV on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding IMCD NV or generate 0.0% return on investment in IMCD NV over 30 days. IMCD NV is related to or competes with Wolters Kluwer, Aalberts Industries, ASM International, and ASR Nederland. IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Mi... More
IMCD NV 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 IMCD NV'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 IMCD NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.18 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.92 |
IMCD NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IMCD NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IMCD NV's standard deviation. In reality, there are many statistical measures that can use IMCD NV historical prices to predict the future IMCD NV's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.05) |
IMCD NV Backtested Returns
IMCD NV retains Efficiency (Sharpe Ratio) of -0.0259, which attests that the entity had a -0.0259% return per unit of return volatility over the last 3 months. IMCD NV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IMCD NV's Market Risk Adjusted Performance of (0.04), coefficient of variation of (11,881), and Standard Deviation of 1.61 to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IMCD NV's returns are expected to increase less than the market. However, during the bear market, the loss of holding IMCD NV is expected to be smaller as well. At this point, IMCD NV has a negative expected return of -0.0417%. Please make sure to check out IMCD NV's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if IMCD NV performance from the past will be repeated in the future.
Auto-correlation | 0.78 |
Good predictability
IMCD NV has good predictability. Overlapping area represents the amount of predictability between IMCD NV time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 IMCD NV price movement. The serial correlation of 0.78 indicates that around 78.0% of current IMCD NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 29.93 |
IMCD NV lagged returns against current returns
Autocorrelation, which is IMCD NV 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 IMCD NV's stock expected returns. We can calculate the autocorrelation of IMCD NV returns to help us make a trade decision. For example, suppose you find that IMCD NV 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 |
IMCD NV 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 IMCD NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IMCD NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IMCD NV stock over time.
Current vs Lagged Prices |
| Timeline |
IMCD NV Lagged Returns
When evaluating IMCD NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IMCD NV stock have on its future price. IMCD NV 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, IMCD NV autocorrelation shows the relationship between IMCD NV stock current value and its past values and can show if there is a momentum factor associated with investing in IMCD NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for IMCD Stock Analysis
When running IMCD NV's price analysis, check to measure IMCD NV'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 IMCD NV is operating at the current time. Most of IMCD NV's value examination focuses on studying past and present price action to predict the probability of IMCD NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IMCD NV's price. Additionally, you may evaluate how the addition of IMCD NV to your portfolios can decrease your overall portfolio volatility.