ISPD Network (France) Market Value
| ALISP Stock | 3.04 0.08 2.56% |
| Symbol | ISPD |
ISPD Network '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 ISPD Network'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 ISPD Network.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in ISPD Network on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding ISPD Network SA or generate 0.0% return on investment in ISPD Network over 90 days. ISPD Network is related to or competes with Lexibook Linguistic, Manitou BF, Ossiam Minimum, Ekinops SA, Orapi SA, and Memscap Regpt. More
ISPD Network 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 ISPD Network'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 ISPD Network SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.11 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.88 |
ISPD Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ISPD Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ISPD Network's standard deviation. In reality, there are many statistical measures that can use ISPD Network historical prices to predict the future ISPD Network's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.196 |
ISPD Network SA Backtested Returns
ISPD Network SA holds Efficiency (Sharpe) Ratio of -0.0189, which attests that the entity had a -0.0189% return per unit of volatility over the last 3 months. ISPD Network SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ISPD Network's risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.206 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ISPD Network are expected to decrease at a much lower rate. During the bear market, ISPD Network is likely to outperform the market. At this point, ISPD Network SA has a negative expected return of -0.0423%. Please make sure to check out ISPD Network's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if ISPD Network SA performance from the past will be repeated at future time.
Auto-correlation | -0.06 |
Very weak reverse predictability
ISPD Network SA has very weak reverse predictability. Overlapping area represents the amount of predictability between ISPD Network time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 ISPD Network SA price movement. The serial correlation of -0.06 indicates that barely 6.0% of current ISPD Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ISPD Network SA lagged returns against current returns
Autocorrelation, which is ISPD Network 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 ISPD Network's stock expected returns. We can calculate the autocorrelation of ISPD Network returns to help us make a trade decision. For example, suppose you find that ISPD Network 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 |
ISPD Network 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 ISPD Network stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ISPD Network stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ISPD Network stock over time.
Current vs Lagged Prices |
| Timeline |
ISPD Network Lagged Returns
When evaluating ISPD Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ISPD Network stock have on its future price. ISPD Network 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, ISPD Network autocorrelation shows the relationship between ISPD Network stock current value and its past values and can show if there is a momentum factor associated with investing in ISPD Network SA.
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.Additional Tools for ISPD Stock Analysis
When running ISPD Network's price analysis, check to measure ISPD Network's 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 ISPD Network is operating at the current time. Most of ISPD Network's value examination focuses on studying past and present price action to predict the probability of ISPD Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ISPD Network's price. Additionally, you may evaluate how the addition of ISPD Network to your portfolios can decrease your overall portfolio volatility.