Intermap Technologies Corp Stock Market Value
| ITMSF Stock | USD 1.23 0.02 1.65% |
| Symbol | Intermap |
Intermap Technologies '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 Intermap Technologies' otc 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 Intermap Technologies.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Intermap Technologies on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Intermap Technologies Corp or generate 0.0% return on investment in Intermap Technologies over 390 days. Intermap Technologies is related to or competes with Boxlight Corp, Siyata Mobile, ClearOne, HUMANA, Barloworld, Morningstar Unconstrained, and High-yield Municipal. Intermap Technologies Corporation, a geospatial intelligence company, provides various geospatial solutions and analytic... More
Intermap Technologies 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 Intermap Technologies' otc 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 Intermap Technologies Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.32 | |||
| Information Ratio | 0.2282 | |||
| Maximum Drawdown | 21.16 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 10.26 |
Intermap Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intermap Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intermap Technologies' standard deviation. In reality, there are many statistical measures that can use Intermap Technologies historical prices to predict the future Intermap Technologies' volatility.| Risk Adjusted Performance | 0.2042 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 0.461 | |||
| Sortino Ratio | 0.3306 | |||
| Treynor Ratio | 38.81 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intermap Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intermap Technologies Backtested Returns
Intermap Technologies is extremely dangerous given 3 months investment horizon. Intermap Technologies holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Intermap Technologies Corp Risk Adjusted Performance of 0.2042, market risk adjusted performance of 38.82, and Downside Deviation of 3.32 to evaluate company specific risk that cannot be diversified away. Intermap Technologies holds a performance score of 18 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.0314, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Intermap Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Intermap Technologies is expected to be smaller as well. Use Intermap Technologies Corp potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Intermap Technologies Corp.
Auto-correlation | 0.29 |
Poor predictability
Intermap Technologies Corp has poor predictability. Overlapping area represents the amount of predictability between Intermap Technologies time series from 30th of October 2023 to 12th of May 2024 and 12th of May 2024 to 23rd 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 Intermap Technologies price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Intermap Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Intermap Technologies lagged returns against current returns
Autocorrelation, which is Intermap Technologies otc 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 Intermap Technologies' otc stock expected returns. We can calculate the autocorrelation of Intermap Technologies returns to help us make a trade decision. For example, suppose you find that Intermap Technologies has exhibited high autocorrelation historically, and you observe that the otc 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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Intermap Technologies 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 Intermap Technologies otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intermap Technologies otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intermap Technologies otc stock over time.
Current vs Lagged Prices |
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Intermap Technologies Lagged Returns
When evaluating Intermap Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intermap Technologies otc stock have on its future price. Intermap Technologies 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, Intermap Technologies autocorrelation shows the relationship between Intermap Technologies otc stock current value and its past values and can show if there is a momentum factor associated with investing in Intermap Technologies Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Intermap OTC Stock
Intermap Technologies financial ratios help investors to determine whether Intermap OTC 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 Intermap with respect to the benefits of owning Intermap Technologies security.