International Battery Metals Stock Market Value
| IBATF Stock | USD 0.18 0.03 14.29% |
| Symbol | International |
International Battery '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 International Battery'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 International Battery.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in International Battery on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding International Battery Metals or generate 0.0% return on investment in International Battery over 30 days. International Battery is related to or competes with Tartisan Nickel, Critical Elements, Talga Group, South Star, Lithium Ionic, Pampa Metals, and Progressive Planet. International Battery Metals Ltd., a technology company, engages in developing technologies for the extraction and proce... More
International Battery 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 International Battery'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 International Battery Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 47.03 | |||
| Value At Risk | (15.38) | |||
| Potential Upside | 13.33 |
International Battery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Battery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Battery's standard deviation. In reality, there are many statistical measures that can use International Battery historical prices to predict the future International Battery's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.44) | |||
| Total Risk Alpha | (3.26) | |||
| Treynor Ratio | 0.9327 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Battery'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.
International Battery Backtested Returns
International Battery holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. International Battery exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Battery's Standard Deviation of 9.53, market risk adjusted performance of 0.9427, and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.79, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning International Battery are expected to decrease by larger amounts. On the other hand, during market turmoil, International Battery is expected to outperform it. At this point, International Battery has a negative expected return of -1.61%. Please make sure to check out International Battery's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if International Battery performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
International Battery Metals has poor predictability. Overlapping area represents the amount of predictability between International Battery time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 International Battery price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current International Battery price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
International Battery lagged returns against current returns
Autocorrelation, which is International Battery 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 International Battery's pink sheet expected returns. We can calculate the autocorrelation of International Battery returns to help us make a trade decision. For example, suppose you find that International Battery 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 |
International Battery 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 International Battery pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Battery pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Battery pink sheet over time.
Current vs Lagged Prices |
| Timeline |
International Battery Lagged Returns
When evaluating International Battery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Battery pink sheet have on its future price. International Battery 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, International Battery autocorrelation shows the relationship between International Battery pink sheet current value and its past values and can show if there is a momentum factor associated with investing in International Battery Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in International Pink Sheet
International Battery financial ratios help investors to determine whether International 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 International with respect to the benefits of owning International Battery security.