Ingenia Communities (Australia) Market Value
| INA Stock | 5.00 0.01 0.20% |
| Symbol | Ingenia |
Ingenia Communities '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 Ingenia Communities' 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 Ingenia Communities.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Ingenia Communities on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Ingenia Communities Group or generate 0.0% return on investment in Ingenia Communities over 60 days. Ingenia Communities is related to or competes with Prime Financial, Perpetual Credit, Dicker Data, EP Financial, Lendlease, MA Financial, and Pioneer Credit. Ingenia Communities is entity of Australia More
Ingenia Communities 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 Ingenia Communities' 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 Ingenia Communities Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.23 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.58 |
Ingenia Communities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ingenia Communities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ingenia Communities' standard deviation. In reality, there are many statistical measures that can use Ingenia Communities historical prices to predict the future Ingenia Communities' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.53) |
Ingenia Communities Backtested Returns
Ingenia Communities holds Efficiency (Sharpe) Ratio of -0.0461, which attests that the entity had a -0.0461% return per unit of risk over the last 3 months. Ingenia Communities exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ingenia Communities' Market Risk Adjusted Performance of (0.52), risk adjusted performance of (0.03), and Standard Deviation of 1.35 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ingenia Communities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ingenia Communities is expected to be smaller as well. At this point, Ingenia Communities has a negative expected return of -0.0621%. Please make sure to check out Ingenia Communities' total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Ingenia Communities performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Ingenia Communities Group has weak reverse predictability. Overlapping area represents the amount of predictability between Ingenia Communities time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 Ingenia Communities price movement. The serial correlation of -0.23 indicates that over 23.0% of current Ingenia Communities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ingenia Communities lagged returns against current returns
Autocorrelation, which is Ingenia Communities 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 Ingenia Communities' stock expected returns. We can calculate the autocorrelation of Ingenia Communities returns to help us make a trade decision. For example, suppose you find that Ingenia Communities 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 |
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Ingenia Communities 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 Ingenia Communities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ingenia Communities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ingenia Communities stock over time.
Current vs Lagged Prices |
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Ingenia Communities Lagged Returns
When evaluating Ingenia Communities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ingenia Communities stock have on its future price. Ingenia Communities 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, Ingenia Communities autocorrelation shows the relationship between Ingenia Communities stock current value and its past values and can show if there is a momentum factor associated with investing in Ingenia Communities Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Ingenia Stock Analysis
When running Ingenia Communities' price analysis, check to measure Ingenia Communities' 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 Ingenia Communities is operating at the current time. Most of Ingenia Communities' value examination focuses on studying past and present price action to predict the probability of Ingenia Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingenia Communities' price. Additionally, you may evaluate how the addition of Ingenia Communities to your portfolios can decrease your overall portfolio volatility.