IACInterActiveCorp (Brazil) Market Value
| I1AC34 Stock | BRL 12.74 0.77 5.70% |
| Symbol | IACInterActiveCorp |
IACInterActiveCorp '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 IACInterActiveCorp'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 IACInterActiveCorp.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in IACInterActiveCorp on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding IACInterActiveCorp or generate 0.0% return on investment in IACInterActiveCorp over 720 days. IACInterActiveCorp is related to or competes with Alphabet, Alphabet, Meta Platforms, Airbnb, Baidu, Spotify Technology, and Autohome. IACInterActiveCorp operates as a media and internet company worldwide More
IACInterActiveCorp 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 IACInterActiveCorp'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 IACInterActiveCorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 21.3 | |||
| Value At Risk | (5.39) | |||
| Potential Upside | 4.31 |
IACInterActiveCorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IACInterActiveCorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IACInterActiveCorp's standard deviation. In reality, there are many statistical measures that can use IACInterActiveCorp historical prices to predict the future IACInterActiveCorp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.52) |
IACInterActiveCorp Backtested Returns
IACInterActiveCorp retains Efficiency (Sharpe Ratio) of -0.037, which attests that the company had a -0.037% return per unit of return volatility over the last 3 months. IACInterActiveCorp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IACInterActiveCorp's Coefficient Of Variation of (2,763), standard deviation of 2.71, and Market Risk Adjusted Performance of (1.51) to validate the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.071, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IACInterActiveCorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding IACInterActiveCorp is expected to be smaller as well. At this point, IACInterActiveCorp has a negative expected return of -0.1%. Please make sure to check out IACInterActiveCorp's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if IACInterActiveCorp performance from the past will be repeated at some future date.
Auto-correlation | -0.13 |
Insignificant reverse predictability
IACInterActiveCorp has insignificant reverse predictability. Overlapping area represents the amount of predictability between IACInterActiveCorp time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 IACInterActiveCorp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current IACInterActiveCorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
IACInterActiveCorp lagged returns against current returns
Autocorrelation, which is IACInterActiveCorp 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 IACInterActiveCorp's stock expected returns. We can calculate the autocorrelation of IACInterActiveCorp returns to help us make a trade decision. For example, suppose you find that IACInterActiveCorp 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 |
IACInterActiveCorp 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 IACInterActiveCorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IACInterActiveCorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IACInterActiveCorp stock over time.
Current vs Lagged Prices |
| Timeline |
IACInterActiveCorp Lagged Returns
When evaluating IACInterActiveCorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IACInterActiveCorp stock have on its future price. IACInterActiveCorp 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, IACInterActiveCorp autocorrelation shows the relationship between IACInterActiveCorp stock current value and its past values and can show if there is a momentum factor associated with investing in IACInterActiveCorp.
Regressed Prices |
| Timeline |
Also Currently Popular
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 IACInterActiveCorp Stock
IACInterActiveCorp financial ratios help investors to determine whether IACInterActiveCorp 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 IACInterActiveCorp with respect to the benefits of owning IACInterActiveCorp security.