International Business' market value is the price at which a share of International Business trades on a public exchange. It measures the collective expectations of International Business Machines investors about its performance. International Business is trading at 4460.00 as of the 18th of January 2025; that is 1.65% down since the beginning of the trading day. The stock's open price was 4535.0. With this module, you can estimate the performance of a buy and hold strategy of International Business Machines and determine expected loss or profit from investing in International Business over a given investment horizon. Check out International Business Correlation, International Business Volatility and International Business Alpha and Beta module to complement your research on International Business.
Please note, there is a significant difference between International Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if International Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Business' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
International Business '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 Business' 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 International Business.
0.00
07/22/2024
No Change 0.00
0.0
In 5 months and 30 days
01/18/2025
0.00
If you would invest 0.00 in International Business on July 22, 2024 and sell it all today you would earn a total of 0.00 from holding International Business Machines or generate 0.0% return on investment in International Business over 180 days. International Business is related to or competes with Fiserv, Cognizant Technology, and DXC Technology. International Business Machines Corporation operates as an integrated technology and services company worldwide More
International Business 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 Business' 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 International Business Machines upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Business' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Business' standard deviation. In reality, there are many statistical measures that can use International Business historical prices to predict the future International Business' volatility.
International Business holds Efficiency (Sharpe) Ratio of -0.0165, which attests that the entity had a -0.0165% return per unit of risk over the last 3 months. International Business exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Business' Market Risk Adjusted Performance of (0.25), risk adjusted performance of (0.01), and Standard Deviation of 1.64 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, International Business' returns are expected to increase less than the market. However, during the bear market, the loss of holding International Business is expected to be smaller as well. At this point, International Business has a negative expected return of -0.0281%. Please make sure to check out International Business' potential upside, rate of daily change, period momentum indicator, as well as the relationship between the kurtosis and day typical price , to decide if International Business performance from the past will be repeated at some point in the near future.
Auto-correlation
0.44
Average predictability
International Business Machines has average predictability. Overlapping area represents the amount of predictability between International Business time series from 22nd of July 2024 to 20th of October 2024 and 20th of October 2024 to 18th of January 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 International Business price movement. The serial correlation of 0.44 indicates that just about 44.0% of current International Business price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
0.38
Residual Average
0.0
Price Variance
37.7 K
International Business lagged returns against current returns
Autocorrelation, which is International Business 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 International Business' stock expected returns. We can calculate the autocorrelation of International Business returns to help us make a trade decision. For example, suppose you find that International Business 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
International Business 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 Business stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Business stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Business stock over time.
Current vs Lagged Prices
Timeline
International Business Lagged Returns
When evaluating International Business' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Business stock have on its future price. International Business 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 Business autocorrelation shows the relationship between International Business stock current value and its past values and can show if there is a momentum factor associated with investing in International Business Machines.
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.
When running International Business' price analysis, check to measure International Business' 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 International Business is operating at the current time. Most of International Business' value examination focuses on studying past and present price action to predict the probability of International Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Business' price. Additionally, you may evaluate how the addition of International Business to your portfolios can decrease your overall portfolio volatility.