Itaconix Plc Stock Market Value
| ITXXF Stock | USD 1.60 0.00 0.00% |
| Symbol | Itaconix |
Itaconix Plc '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 Itaconix Plc's 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 Itaconix Plc.
| 12/05/2025 |
| 01/04/2026 |
If you would invest 0.00 in Itaconix Plc on December 5, 2025 and sell it all today you would earn a total of 0.00 from holding Itaconix plc or generate 0.0% return on investment in Itaconix Plc over 30 days. Itaconix Plc is related to or competes with Grande Portage, Greystone Logistics, Autris, Compass Gold, Mustgrow Biologics, Western Alaska, and Synthomer Plc. Itaconix plc, together with its subsidiaries, designs, develops, manufactures, and sells bio-based polymers for personal... More
Itaconix Plc 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 Itaconix Plc's 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 Itaconix plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0097 | |||
| Maximum Drawdown | 4.58 |
Itaconix Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itaconix Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Itaconix Plc's standard deviation. In reality, there are many statistical measures that can use Itaconix Plc historical prices to predict the future Itaconix Plc's volatility.| Risk Adjusted Performance | 0.0863 | |||
| Jensen Alpha | 0.0589 | |||
| Total Risk Alpha | 0.0164 | |||
| Treynor Ratio | 1.31 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Itaconix Plc's 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.
Itaconix plc Backtested Returns
At this point, Itaconix Plc is somewhat reliable. Itaconix plc holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Itaconix plc, which you can use to evaluate the volatility of the firm. Please check out Itaconix Plc's Risk Adjusted Performance of 0.0863, standard deviation of 0.5719, and Market Risk Adjusted Performance of 1.32 to validate if the risk estimate we provide is consistent with the expected return of 0.0715%. Itaconix Plc has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.047, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Itaconix Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Itaconix Plc is expected to be smaller as well. Itaconix plc right now retains a risk of 0.57%. Please check out Itaconix Plc market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if Itaconix Plc will be following its current trending patterns.
Auto-correlation | 1.00 |
Perfect predictability
Itaconix plc has perfect predictability. Overlapping area represents the amount of predictability between Itaconix Plc time series from 5th of December 2025 to 20th of December 2025 and 20th of December 2025 to 4th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Itaconix plc price movement. The serial correlation of 1.0 indicates that 100.0% of current Itaconix Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Itaconix plc lagged returns against current returns
Autocorrelation, which is Itaconix Plc 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 Itaconix Plc's otc stock expected returns. We can calculate the autocorrelation of Itaconix Plc returns to help us make a trade decision. For example, suppose you find that Itaconix Plc 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 |
| Timeline |
Itaconix Plc 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 Itaconix Plc otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Itaconix Plc otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Itaconix Plc otc stock over time.
Current vs Lagged Prices |
| Timeline |
Itaconix Plc Lagged Returns
When evaluating Itaconix Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Itaconix Plc otc stock have on its future price. Itaconix Plc 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, Itaconix Plc autocorrelation shows the relationship between Itaconix Plc otc stock current value and its past values and can show if there is a momentum factor associated with investing in Itaconix plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Itaconix OTC Stock
Itaconix Plc financial ratios help investors to determine whether Itaconix 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 Itaconix with respect to the benefits of owning Itaconix Plc security.