Innovacom Stock Market Value
| MPEG Stock | USD 0.0001 0.00 0.00% |
| Symbol | Innovacom |
Innovacom '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 Innovacom's pink sheet 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 Innovacom.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Innovacom on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Innovacom or generate 0.0% return on investment in Innovacom over 90 days. Innovacom is related to or competes with Fomento Economico, Celsius Holdings, Monster Beverage, Diageo PLC, Molson Coors, and Compania Cervecerias. InnovaCom, Inc. provided equipment, and services that utilized the Motion Picture Expert Group first, and second generat... More
Innovacom 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 Innovacom's pink sheet 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 Innovacom upside and downside potential and time the market with a certain degree of confidence.
Innovacom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovacom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovacom's standard deviation. In reality, there are many statistical measures that can use Innovacom historical prices to predict the future Innovacom's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovacom'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.
Innovacom Backtested Returns
We have found three technical indicators for Innovacom, 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 Innovacom are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Innovacom has perfect predictability. Overlapping area represents the amount of predictability between Innovacom time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 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 Innovacom price movement. The serial correlation of 1.0 indicates that 100.0% of current Innovacom 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 |
Innovacom lagged returns against current returns
Autocorrelation, which is Innovacom pink sheet'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 Innovacom's pink sheet expected returns. We can calculate the autocorrelation of Innovacom returns to help us make a trade decision. For example, suppose you find that Innovacom has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Innovacom 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 Innovacom pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innovacom pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innovacom pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Innovacom Lagged Returns
When evaluating Innovacom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innovacom pink sheet have on its future price. Innovacom 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, Innovacom autocorrelation shows the relationship between Innovacom pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Innovacom.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Innovacom Pink Sheet
Innovacom financial ratios help investors to determine whether Innovacom Pink Sheet 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 Innovacom with respect to the benefits of owning Innovacom security.