INNELEC MULTIMMINHEO153 (Germany) Market Value
| 1W2 Stock | EUR 3.18 0.02 0.63% |
| Symbol | INNELEC |
INNELEC MULTIMMINHEO153 '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 INNELEC MULTIMMINHEO153'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 INNELEC MULTIMMINHEO153.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in INNELEC MULTIMMINHEO153 on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding INNELEC MULTIMMINHEO153 or generate 0.0% return on investment in INNELEC MULTIMMINHEO153 over 90 days. INNELEC MULTIMMINHEO153 is related to or competes with AIR PRODCHEMICALS, ALLFUNDS GROUP, Guangdong Investment, DICKER DATA, American Eagle, PennyMac Mortgage, and Data Modul. Innelec Multimdia SA distributes various multimedia products in Europe, Africa, Oceania, and internationally More
INNELEC MULTIMMINHEO153 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 INNELEC MULTIMMINHEO153'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 INNELEC MULTIMMINHEO153 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.42 | |||
| Information Ratio | 0.1068 | |||
| Maximum Drawdown | 20.25 | |||
| Value At Risk | (5.59) | |||
| Potential Upside | 5.15 |
INNELEC MULTIMMINHEO153 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INNELEC MULTIMMINHEO153's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INNELEC MULTIMMINHEO153's standard deviation. In reality, there are many statistical measures that can use INNELEC MULTIMMINHEO153 historical prices to predict the future INNELEC MULTIMMINHEO153's volatility.| Risk Adjusted Performance | 0.074 | |||
| Jensen Alpha | 0.1896 | |||
| Total Risk Alpha | 0.6496 | |||
| Sortino Ratio | 0.1022 | |||
| Treynor Ratio | (0.52) |
INNELEC MULTIMMINHEO153 Backtested Returns
INNELEC MULTIMMINHEO153 holds Efficiency (Sharpe) Ratio of -0.0401, which attests that the entity had a -0.0401 % return per unit of volatility over the last 3 months. INNELEC MULTIMMINHEO153 exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out INNELEC MULTIMMINHEO153's market risk adjusted performance of (0.51), and Risk Adjusted Performance of 0.074 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning INNELEC MULTIMMINHEO153 are expected to decrease at a much lower rate. During the bear market, INNELEC MULTIMMINHEO153 is likely to outperform the market. At this point, INNELEC MULTIMMINHEO153 has a negative expected return of -0.11%. Please make sure to check out INNELEC MULTIMMINHEO153's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if INNELEC MULTIMMINHEO153 performance from the past will be repeated at future time.
Auto-correlation | 0.57 |
Modest predictability
INNELEC MULTIMMINHEO153 has modest predictability. Overlapping area represents the amount of predictability between INNELEC MULTIMMINHEO153 time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 INNELEC MULTIMMINHEO153 price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current INNELEC MULTIMMINHEO153 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
INNELEC MULTIMMINHEO153 lagged returns against current returns
Autocorrelation, which is INNELEC MULTIMMINHEO153 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 INNELEC MULTIMMINHEO153's stock expected returns. We can calculate the autocorrelation of INNELEC MULTIMMINHEO153 returns to help us make a trade decision. For example, suppose you find that INNELEC MULTIMMINHEO153 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 |
INNELEC MULTIMMINHEO153 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 INNELEC MULTIMMINHEO153 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INNELEC MULTIMMINHEO153 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INNELEC MULTIMMINHEO153 stock over time.
Current vs Lagged Prices |
| Timeline |
INNELEC MULTIMMINHEO153 Lagged Returns
When evaluating INNELEC MULTIMMINHEO153's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INNELEC MULTIMMINHEO153 stock have on its future price. INNELEC MULTIMMINHEO153 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, INNELEC MULTIMMINHEO153 autocorrelation shows the relationship between INNELEC MULTIMMINHEO153 stock current value and its past values and can show if there is a momentum factor associated with investing in INNELEC MULTIMMINHEO153.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in INNELEC Stock
INNELEC MULTIMMINHEO153 financial ratios help investors to determine whether INNELEC 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 INNELEC with respect to the benefits of owning INNELEC MULTIMMINHEO153 security.