Intel Cdr Stock Market Value
| INTC Stock | 13.92 0.01 0.07% |
| Symbol | INTEL |
INTEL CDR '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 INTEL CDR'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 INTEL CDR.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in INTEL CDR on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding INTEL CDR or generate 0.0% return on investment in INTEL CDR over 30 days. INTEL CDR is related to or competes with Eddy Smart, Constellation Software, Primaris Retail, HOME DEPOT, Labrador Iron, Brookfield Office, and Computer Modelling. INTEL CDR is entity of Canada. It is traded as Stock on NEO exchange. More
INTEL CDR 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 INTEL CDR'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 INTEL CDR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.78 | |||
| Information Ratio | 0.0516 | |||
| Maximum Drawdown | 17.63 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 6.38 |
INTEL CDR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INTEL CDR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INTEL CDR's standard deviation. In reality, there are many statistical measures that can use INTEL CDR historical prices to predict the future INTEL CDR's volatility.| Risk Adjusted Performance | 0.0783 | |||
| Jensen Alpha | 0.1726 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0572 | |||
| Treynor Ratio | 0.3113 |
INTEL CDR Backtested Returns
At this point, INTEL CDR is not too volatile. INTEL CDR holds Efficiency (Sharpe) Ratio of 0.0521, which attests that the entity had a 0.0521% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for INTEL CDR, which you can use to evaluate the volatility of the firm. Please check out INTEL CDR's risk adjusted performance of 0.0783, and Market Risk Adjusted Performance of 0.3213 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. INTEL CDR has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.88, which attests to possible diversification benefits within a given portfolio. INTEL CDR returns are very sensitive to returns on the market. As the market goes up or down, INTEL CDR is expected to follow. INTEL CDR currently retains a risk of 2.9%. Please check out INTEL CDR sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if INTEL CDR will be following its current trending patterns.
Auto-correlation | -0.16 |
Insignificant reverse predictability
INTEL CDR has insignificant reverse predictability. Overlapping area represents the amount of predictability between INTEL CDR time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 INTEL CDR price movement. The serial correlation of -0.16 indicates that over 16.0% of current INTEL CDR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
INTEL CDR lagged returns against current returns
Autocorrelation, which is INTEL CDR 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 INTEL CDR's stock expected returns. We can calculate the autocorrelation of INTEL CDR returns to help us make a trade decision. For example, suppose you find that INTEL CDR 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 |
INTEL CDR 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 INTEL CDR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INTEL CDR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INTEL CDR stock over time.
Current vs Lagged Prices |
| Timeline |
INTEL CDR Lagged Returns
When evaluating INTEL CDR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INTEL CDR stock have on its future price. INTEL CDR 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, INTEL CDR autocorrelation shows the relationship between INTEL CDR stock current value and its past values and can show if there is a momentum factor associated with investing in INTEL CDR.
Regressed Prices |
| Timeline |
Pair Trading with INTEL CDR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if INTEL CDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in INTEL CDR will appreciate offsetting losses from the drop in the long position's value.Moving together with INTEL Stock
Moving against INTEL Stock
The ability to find closely correlated positions to INTEL CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INTEL CDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back INTEL CDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling INTEL CDR to buy it.
The correlation of INTEL CDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as INTEL CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INTEL CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for INTEL CDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in INTEL Stock
INTEL CDR financial ratios help investors to determine whether INTEL 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 INTEL with respect to the benefits of owning INTEL CDR security.