Invitro International Stock Market Value
| IVRO Stock | USD 0.09 0.0002 0.22% |
| Symbol | Invitro |
Invitro International '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 Invitro International'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 Invitro International.
| 01/04/2024 |
| 12/24/2025 |
If you would invest 0.00 in Invitro International on January 4, 2024 and sell it all today you would earn a total of 0.00 from holding Invitro International or generate 0.0% return on investment in Invitro International over 720 days. InVitro International develops test kits for non-animal testing in the United States and internationally More
Invitro International 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 Invitro International'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 Invitro International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.47 | |||
| Information Ratio | 0.1018 | |||
| Maximum Drawdown | 38.07 | |||
| Value At Risk | (7.91) | |||
| Potential Upside | 10.0 |
Invitro International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invitro International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invitro International's standard deviation. In reality, there are many statistical measures that can use Invitro International historical prices to predict the future Invitro International's volatility.| Risk Adjusted Performance | 0.0888 | |||
| Jensen Alpha | 0.5946 | |||
| Total Risk Alpha | 0.1611 | |||
| Sortino Ratio | 0.0751 | |||
| Treynor Ratio | 1.46 |
Invitro International Backtested Returns
Invitro International appears to be out of control, given 3 months investment horizon. Invitro International holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11 % return per unit of risk over the last 3 months. By evaluating Invitro International's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Invitro International's Downside Deviation of 7.47, risk adjusted performance of 0.0888, and Market Risk Adjusted Performance of 1.47 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Invitro International holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invitro International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invitro International is expected to be smaller as well. Please check Invitro International's potential upside, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether Invitro International's current trending patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
Invitro International has very weak reverse predictability. Overlapping area represents the amount of predictability between Invitro International time series from 4th of January 2024 to 29th of December 2024 and 29th of December 2024 to 24th of December 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 Invitro International price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Invitro International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invitro International lagged returns against current returns
Autocorrelation, which is Invitro International 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 Invitro International's otc stock expected returns. We can calculate the autocorrelation of Invitro International returns to help us make a trade decision. For example, suppose you find that Invitro International 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 |
Invitro International 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 Invitro International otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invitro International otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invitro International otc stock over time.
Current vs Lagged Prices |
| Timeline |
Invitro International Lagged Returns
When evaluating Invitro International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invitro International otc stock have on its future price. Invitro International 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, Invitro International autocorrelation shows the relationship between Invitro International otc stock current value and its past values and can show if there is a momentum factor associated with investing in Invitro International.
Regressed Prices |
| Timeline |
Pair Trading with Invitro International
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 Invitro International 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 Invitro International will appreciate offsetting losses from the drop in the long position's value.Moving together with Invitro OTC Stock
| 0.76 | TMO | Thermo Fisher Scientific | PairCorr |
| 0.77 | DHR | Danaher | PairCorr |
| 0.75 | IDXX | IDEXX Laboratories | PairCorr |
Moving against Invitro OTC Stock
The ability to find closely correlated positions to Invitro International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invitro International 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 Invitro International - 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 Invitro International to buy it.
The correlation of Invitro International 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 Invitro International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invitro International 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 Invitro International 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.Other Information on Investing in Invitro OTC Stock
Invitro International financial ratios help investors to determine whether Invitro 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 Invitro with respect to the benefits of owning Invitro International security.