IOI Bhd (Malaysia) Market Value
| 1961 Stock | 3.70 0.01 0.27% |
| Symbol | IOI |
IOI Bhd '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 IOI Bhd'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 IOI Bhd.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in IOI Bhd on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding IOI Bhd or generate 0.0% return on investment in IOI Bhd over 90 days. IOI Bhd is related to or competes with PMB Technology, Aurelius Technologies, JF Technology, Radiant Globaltech, Genetec Technology, and Sunzen Biotech. More
IOI Bhd 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 IOI Bhd'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 IOI Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0346 | |||
| Maximum Drawdown | 6.63 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.61 |
IOI Bhd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IOI Bhd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IOI Bhd's standard deviation. In reality, there are many statistical measures that can use IOI Bhd historical prices to predict the future IOI Bhd's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.061 | |||
| Treynor Ratio | 0.3773 |
IOI Bhd Backtested Returns
IOI Bhd holds Efficiency (Sharpe) Ratio of -0.039, which attests that the entity had a -0.039 % return per unit of risk over the last 3 months. IOI Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IOI Bhd's Risk Adjusted Performance of (0.03), market risk adjusted performance of 0.3873, and Coefficient Of Variation of (2,566) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IOI Bhd are expected to decrease at a much lower rate. During the bear market, IOI Bhd is likely to outperform the market. At this point, IOI Bhd has a negative expected return of -0.0429%. Please make sure to check out IOI Bhd's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if IOI Bhd performance from the past will be repeated at future time.
Auto-correlation | -0.06 |
Very weak reverse predictability
IOI Bhd has very weak reverse predictability. Overlapping area represents the amount of predictability between IOI Bhd time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 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 IOI Bhd price movement. The serial correlation of -0.06 indicates that barely 6.0% of current IOI Bhd price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
IOI Bhd lagged returns against current returns
Autocorrelation, which is IOI Bhd 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 IOI Bhd's stock expected returns. We can calculate the autocorrelation of IOI Bhd returns to help us make a trade decision. For example, suppose you find that IOI Bhd 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 |
IOI Bhd 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 IOI Bhd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IOI Bhd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IOI Bhd stock over time.
Current vs Lagged Prices |
| Timeline |
IOI Bhd Lagged Returns
When evaluating IOI Bhd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IOI Bhd stock have on its future price. IOI Bhd 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, IOI Bhd autocorrelation shows the relationship between IOI Bhd stock current value and its past values and can show if there is a momentum factor associated with investing in IOI Bhd.
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 IOI Stock
IOI Bhd financial ratios help investors to determine whether IOI 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 IOI with respect to the benefits of owning IOI Bhd security.