Ipa Investments (Vietnam) Market Value
| IPA Stock | 12,700 100.00 0.78% |
| Symbol | Ipa |
Ipa Investments '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 Ipa Investments' 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 Ipa Investments.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in Ipa Investments on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding Ipa Investments Group or generate 0.0% return on investment in Ipa Investments over 360 days.
Ipa Investments 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 Ipa Investments' 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 Ipa Investments Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.33 |
Ipa Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ipa Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ipa Investments' standard deviation. In reality, there are many statistical measures that can use Ipa Investments historical prices to predict the future Ipa Investments' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.27) |
Ipa Investments Group Backtested Returns
Ipa Investments Group holds Efficiency (Sharpe) Ratio of -0.0557, which attests that the entity had a -0.0557% return per unit of risk over the last 3 months. Ipa Investments Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ipa Investments' Risk Adjusted Performance of (0.04), standard deviation of 1.39, and Market Risk Adjusted Performance of (0.26) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ipa Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ipa Investments is expected to be smaller as well. At this point, Ipa Investments Group has a negative expected return of -0.0771%. Please make sure to check out Ipa Investments' jensen alpha, accumulation distribution, relative strength index, as well as the relationship between the value at risk and day typical price , to decide if Ipa Investments Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Ipa Investments Group has no correlation between past and present. Overlapping area represents the amount of predictability between Ipa Investments time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 to 25th 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 Ipa Investments Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ipa Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 223.3 K |
Ipa Investments Group lagged returns against current returns
Autocorrelation, which is Ipa Investments 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 Ipa Investments' stock expected returns. We can calculate the autocorrelation of Ipa Investments returns to help us make a trade decision. For example, suppose you find that Ipa Investments 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 |
Ipa Investments 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 Ipa Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ipa Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ipa Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Ipa Investments Lagged Returns
When evaluating Ipa Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ipa Investments stock have on its future price. Ipa Investments 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, Ipa Investments autocorrelation shows the relationship between Ipa Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Ipa Investments Group.
Regressed Prices |
| Timeline |
Pair Trading with Ipa Investments
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 Ipa Investments 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 Ipa Investments will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ipa Investments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ipa Investments 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 Ipa Investments - 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 Ipa Investments Group to buy it.
The correlation of Ipa Investments 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 Ipa Investments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ipa Investments Group 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 Ipa Investments 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.