Integrated Micro (Philippines) Market Value
| IMI Stock | 1.66 0.05 3.11% |
| Symbol | Integrated |
Integrated Micro '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 Integrated Micro'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 Integrated Micro.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Integrated Micro on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Integrated Micro Electronics or generate 0.0% return on investment in Integrated Micro over 30 days. Integrated Micro is related to or competes with Allhome Corp, Jollibee Foods, and Altus Property. More
Integrated Micro 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 Integrated Micro'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 Integrated Micro Electronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.6 | |||
| Value At Risk | (3.74) | |||
| Potential Upside | 5.03 |
Integrated Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Integrated Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integrated Micro's standard deviation. In reality, there are many statistical measures that can use Integrated Micro historical prices to predict the future Integrated Micro's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.14) |
Integrated Micro Ele Backtested Returns
At this point, Integrated Micro is very risky. Integrated Micro Ele holds Efficiency (Sharpe) Ratio of 0.0054, which attests that the entity had a 0.0054% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Integrated Micro Ele, which you can use to evaluate the volatility of the firm. Please check out Integrated Micro's Market Risk Adjusted Performance of (0.13), risk adjusted performance of (0.01), and Standard Deviation of 2.52 to validate if the risk estimate we provide is consistent with the expected return of 0.0141%. The company retains a Market Volatility (i.e., Beta) of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Integrated Micro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Integrated Micro is expected to be smaller as well. Integrated Micro Ele right now retains a risk of 2.6%. Please check out Integrated Micro skewness, as well as the relationship between the daily balance of power and day typical price , to decide if Integrated Micro will be following its current trending patterns.
Auto-correlation | 0.39 |
Below average predictability
Integrated Micro Electronics has below average predictability. Overlapping area represents the amount of predictability between Integrated Micro time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Integrated Micro Ele price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Integrated Micro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Integrated Micro Ele lagged returns against current returns
Autocorrelation, which is Integrated Micro 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 Integrated Micro's stock expected returns. We can calculate the autocorrelation of Integrated Micro returns to help us make a trade decision. For example, suppose you find that Integrated Micro 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 |
Integrated Micro 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 Integrated Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integrated Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integrated Micro stock over time.
Current vs Lagged Prices |
| Timeline |
Integrated Micro Lagged Returns
When evaluating Integrated Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integrated Micro stock have on its future price. Integrated Micro 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, Integrated Micro autocorrelation shows the relationship between Integrated Micro stock current value and its past values and can show if there is a momentum factor associated with investing in Integrated Micro Electronics.
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.Other Information on Investing in Integrated Stock
Integrated Micro financial ratios help investors to determine whether Integrated Stock 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 Integrated with respect to the benefits of owning Integrated Micro security.