IXICO PLC (UK) Market Value
| IXI Stock | 12.50 0.50 4.17% |
| Symbol | IXICO |
IXICO 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 IXICO PLC's 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 IXICO PLC.
| 11/06/2024 |
| 02/04/2025 |
If you would invest 0.00 in IXICO PLC on November 6, 2024 and sell it all today you would earn a total of 0.00 from holding IXICO PLC or generate 0.0% return on investment in IXICO PLC over 90 days. IXICO PLC is related to or competes with Verizon Communications, Taiwan Semiconductor, Fonix Mobile, Spirent Communications, Elmos Semiconductor, Alaska Air, and BE Semiconductor. More
IXICO 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 IXICO PLC's 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 IXICO PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.95 | |||
| Information Ratio | 0.1186 | |||
| Maximum Drawdown | 26.53 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 4.55 |
IXICO PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IXICO PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IXICO PLC's standard deviation. In reality, there are many statistical measures that can use IXICO PLC historical prices to predict the future IXICO PLC's volatility.| Risk Adjusted Performance | 0.1255 | |||
| Jensen Alpha | 0.5181 | |||
| Total Risk Alpha | 0.2014 | |||
| Sortino Ratio | 0.0616 | |||
| Treynor Ratio | (1.61) |
IXICO PLC Backtested Returns
IXICO PLC appears to be somewhat reliable, given 3 months investment horizon. IXICO PLC holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. By analyzing IXICO PLC's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize IXICO PLC's Market Risk Adjusted Performance of (1.60), semi deviation of 2.38, and Risk Adjusted Performance of 0.1255 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IXICO PLC holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IXICO PLC are expected to decrease at a much lower rate. During the bear market, IXICO PLC is likely to outperform the market. Please check IXICO PLC's treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether IXICO PLC's current trending patterns will revert.
Auto-correlation | 0.11 |
Insignificant predictability
IXICO PLC has insignificant predictability. Overlapping area represents the amount of predictability between IXICO PLC time series from 6th of November 2024 to 21st of December 2024 and 21st of December 2024 to 4th of February 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 IXICO PLC price movement. The serial correlation of 0.11 indicates that less than 11.0% of current IXICO PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
IXICO PLC lagged returns against current returns
Autocorrelation, which is IXICO PLC 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 IXICO PLC's stock expected returns. We can calculate the autocorrelation of IXICO PLC returns to help us make a trade decision. For example, suppose you find that IXICO PLC 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 |
IXICO 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 IXICO PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IXICO PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IXICO PLC stock over time.
Current vs Lagged Prices |
| Timeline |
IXICO PLC Lagged Returns
When evaluating IXICO PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IXICO PLC stock have on its future price. IXICO 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, IXICO PLC autocorrelation shows the relationship between IXICO PLC stock current value and its past values and can show if there is a momentum factor associated with investing in IXICO PLC.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in IXICO Stock
IXICO PLC financial ratios help investors to determine whether IXICO 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 IXICO with respect to the benefits of owning IXICO PLC security.