Innovation1 Biotech Stock Market Value
| IVBT Stock | USD 0 0.00 0.00% |
| Symbol | Innovation1 |
Innovation1 Biotech '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 Innovation1 Biotech'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 Innovation1 Biotech.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Innovation1 Biotech on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Innovation1 Biotech or generate 0.0% return on investment in Innovation1 Biotech over 720 days. Innovation1 Biotech Inc. operates as a small molecule drug discovery company More
Innovation1 Biotech 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 Innovation1 Biotech'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 Innovation1 Biotech upside and downside potential and time the market with a certain degree of confidence.
Innovation1 Biotech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovation1 Biotech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovation1 Biotech's standard deviation. In reality, there are many statistical measures that can use Innovation1 Biotech historical prices to predict the future Innovation1 Biotech's volatility.Innovation1 Biotech Backtested Returns
We have found three technical indicators for Innovation1 Biotech, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Innovation1 Biotech are completely uncorrelated.
Auto-correlation | -0.21 |
Weak reverse predictability
Innovation1 Biotech has weak reverse predictability. Overlapping area represents the amount of predictability between Innovation1 Biotech time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 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 Innovation1 Biotech price movement. The serial correlation of -0.21 indicates that over 21.0% of current Innovation1 Biotech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Innovation1 Biotech lagged returns against current returns
Autocorrelation, which is Innovation1 Biotech 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 Innovation1 Biotech's otc stock expected returns. We can calculate the autocorrelation of Innovation1 Biotech returns to help us make a trade decision. For example, suppose you find that Innovation1 Biotech 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 |
Innovation1 Biotech 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 Innovation1 Biotech otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innovation1 Biotech otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innovation1 Biotech otc stock over time.
Current vs Lagged Prices |
| Timeline |
Innovation1 Biotech Lagged Returns
When evaluating Innovation1 Biotech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innovation1 Biotech otc stock have on its future price. Innovation1 Biotech 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, Innovation1 Biotech autocorrelation shows the relationship between Innovation1 Biotech otc stock current value and its past values and can show if there is a momentum factor associated with investing in Innovation1 Biotech.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Innovation1 OTC Stock Analysis
When running Innovation1 Biotech's price analysis, check to measure Innovation1 Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovation1 Biotech is operating at the current time. Most of Innovation1 Biotech's value examination focuses on studying past and present price action to predict the probability of Innovation1 Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovation1 Biotech's price. Additionally, you may evaluate how the addition of Innovation1 Biotech to your portfolios can decrease your overall portfolio volatility.