Inter Rock Minerals Stock Market Value
| IRCKF Stock | USD 0.59 0.00 0.00% |
| Symbol | Inter |
Inter Rock '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 Inter Rock'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 Inter Rock.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Inter Rock on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Inter Rock Minerals or generate 0.0% return on investment in Inter Rock over 30 days. Inter Rock is related to or competes with Westrock Coffee, FitLife Brands,, National Beverage, Scandinavian Tobacco, Tyson Foods, Village Super, and John B. Inter-Rock Minerals Inc., through its subsidiaries, produces and distributes specialty feed ingredients in the United St... More
Inter Rock 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 Inter Rock'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 Inter Rock Minerals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1188 | |||
| Maximum Drawdown | 20.83 |
Inter Rock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inter Rock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inter Rock's standard deviation. In reality, there are many statistical measures that can use Inter Rock historical prices to predict the future Inter Rock's volatility.| Risk Adjusted Performance | 0.1189 | |||
| Jensen Alpha | 0.3366 | |||
| Total Risk Alpha | 0.2511 | |||
| Treynor Ratio | (1.82) |
Inter Rock Minerals Backtested Returns
Inter Rock appears to be extremely dangerous, given 3 months investment horizon. Inter Rock Minerals holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Inter Rock Minerals, which you can use to evaluate the volatility of the firm. Please utilize Inter Rock's Risk Adjusted Performance of 0.1189, standard deviation of 2.57, and Market Risk Adjusted Performance of (1.81) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Inter Rock holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Inter Rock are expected to decrease at a much lower rate. During the bear market, Inter Rock is likely to outperform the market. Please check Inter Rock's coefficient of variation and the relationship between the information ratio and day median price , to make a quick decision on whether Inter Rock's current trending patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Inter Rock Minerals has no correlation between past and present. Overlapping area represents the amount of predictability between Inter Rock time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 Inter Rock Minerals price movement. The serial correlation of 0.0 indicates that just 0.0% of current Inter Rock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inter Rock Minerals lagged returns against current returns
Autocorrelation, which is Inter Rock 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 Inter Rock's pink sheet expected returns. We can calculate the autocorrelation of Inter Rock returns to help us make a trade decision. For example, suppose you find that Inter Rock 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 |
Inter Rock 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 Inter Rock pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inter Rock pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inter Rock pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Inter Rock Lagged Returns
When evaluating Inter Rock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inter Rock pink sheet have on its future price. Inter Rock 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, Inter Rock autocorrelation shows the relationship between Inter Rock pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Inter Rock Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Inter Pink Sheet
Inter Rock financial ratios help investors to determine whether Inter 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 Inter with respect to the benefits of owning Inter Rock security.