I On's market value is the price at which a share of I On trades on a public exchange. It measures the collective expectations of I On Digital Corp investors about its performance. I On is trading at 0.34 as of the 5th of January 2025. This is a 5.56% down since the beginning of the trading day. The stock's open price was 0.36. With this module, you can estimate the performance of a buy and hold strategy of I On Digital Corp and determine expected loss or profit from investing in I On over a given investment horizon. Check out I On Correlation, I On Volatility and I On Alpha and Beta module to complement your research on I On.
Please note, there is a significant difference between I On's value and its price as these two are different measures arrived at by different means. Investors typically determine if I On is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I On's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
I On '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 I On'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 I On.
0.00
01/16/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/05/2025
0.00
If you would invest 0.00 in I On on January 16, 2023 and sell it all today you would earn a total of 0.00 from holding I On Digital Corp or generate 0.0% return on investment in I On over 720 days. I On is related to or competes with Life360, CXApp, Vertex, Intapp, Full Truck, and Clearwater Analytics. I-ON Digital Corp. engages in the development and supply of unstructured data management and digital marketing software ... More
I On 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 I On'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 I On Digital Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for I On's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as I On's standard deviation. In reality, there are many statistical measures that can use I On historical prices to predict the future I On's volatility.
I On appears to be out of control, given 3 months investment horizon. I On Digital holds Efficiency (Sharpe) Ratio of 0.0531, which attests that the company had a 0.0531% return per unit of volatility over the last 3 months. By analyzing I On's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize I On's market risk adjusted performance of (0.64), and Semi Deviation of 9.89 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, I On holds a performance score of 4. The firm retains a Market Volatility (i.e., Beta) of -1.06, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning I On are expected to decrease slowly. On the other hand, during market turmoil, I On is expected to outperform it slightly. Please check I On's maximum drawdown, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether I On's current trending patterns will revert.
Auto-correlation
-0.04
Very weak reverse predictability
I On Digital Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between I On time series from 16th of January 2023 to 11th of January 2024 and 11th of January 2024 to 5th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of I On Digital price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current I On price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.04
Spearman Rank Test
-0.09
Residual Average
0.0
Price Variance
0.1
I On Digital lagged returns against current returns
Autocorrelation, which is I On 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 I On's pink sheet expected returns. We can calculate the autocorrelation of I On returns to help us make a trade decision. For example, suppose you find that I On 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
I On 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 I On pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if I On pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in I On pink sheet over time.
Current vs Lagged Prices
Timeline
I On Lagged Returns
When evaluating I On's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of I On pink sheet have on its future price. I On 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, I On autocorrelation shows the relationship between I On pink sheet current value and its past values and can show if there is a momentum factor associated with investing in I On Digital Corp.
I On financial ratios help investors to determine whether IONI Pink Sheet 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 IONI with respect to the benefits of owning I On security.