Inventis (Australia) Market Value
| IVT Stock | 0.03 0.00 0.00% |
| Symbol | Inventis |
Inventis '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 Inventis' 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 Inventis.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Inventis on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Inventis or generate 0.0% return on investment in Inventis over 60 days. Inventis is related to or competes with WA1 Resources, Predictive Discovery, and Zip Co. Inventis is entity of Australia. It is traded as Stock on AU exchange. More
Inventis 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 Inventis' 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 Inventis upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 15.41 |
Inventis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inventis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inventis' standard deviation. In reality, there are many statistical measures that can use Inventis historical prices to predict the future Inventis' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.1276 |
Inventis Backtested Returns
Inventis holds Efficiency (Sharpe) Ratio of -0.0633, which attests that the entity had a -0.0633% return per unit of risk over the last 3 months. Inventis exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inventis' Risk Adjusted Performance of (0.04), standard deviation of 1.63, and Market Risk Adjusted Performance of 0.1376 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.89, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Inventis are expected to decrease slowly. On the other hand, during market turmoil, Inventis is expected to outperform it slightly. At this point, Inventis has a negative expected return of -0.1%. Please make sure to check out Inventis' market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to decide if Inventis performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Inventis has poor predictability. Overlapping area represents the amount of predictability between Inventis time series from 24th of September 2024 to 24th of October 2024 and 24th of October 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 Inventis price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Inventis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inventis lagged returns against current returns
Autocorrelation, which is Inventis 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 Inventis' stock expected returns. We can calculate the autocorrelation of Inventis returns to help us make a trade decision. For example, suppose you find that Inventis has exhibited high autocorrelation historically, and you observe that the 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 |
Inventis 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 Inventis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inventis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inventis stock over time.
Current vs Lagged Prices |
| Timeline |
Inventis Lagged Returns
When evaluating Inventis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inventis stock have on its future price. Inventis 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, Inventis autocorrelation shows the relationship between Inventis stock current value and its past values and can show if there is a momentum factor associated with investing in Inventis.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Inventis Stock Analysis
When running Inventis' price analysis, check to measure Inventis' 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 Inventis is operating at the current time. Most of Inventis' value examination focuses on studying past and present price action to predict the probability of Inventis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventis' price. Additionally, you may evaluate how the addition of Inventis to your portfolios can decrease your overall portfolio volatility.