Inter Cairo (Egypt) Market Value
| ICAL Stock | 1.00 0.00 0.00% |
| Symbol | Inter |
Inter Cairo '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 Inter Cairo'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 Inter Cairo.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Inter Cairo on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Inter Cairo For Aluminum or generate 0.0% return on investment in Inter Cairo over 30 days.
Inter Cairo 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 Inter Cairo'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 Inter Cairo For Aluminum upside and downside potential and time the market with a certain degree of confidence.
Inter Cairo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inter Cairo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inter Cairo's standard deviation. In reality, there are many statistical measures that can use Inter Cairo historical prices to predict the future Inter Cairo's volatility.Inter Cairo For Backtested Returns
We have found three technical indicators for Inter Cairo For, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Inter Cairo are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Inter Cairo For Aluminum has no correlation between past and present. Overlapping area represents the amount of predictability between Inter Cairo time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Inter Cairo For price movement. The serial correlation of 0.0 indicates that just 0.0% of current Inter Cairo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inter Cairo For lagged returns against current returns
Autocorrelation, which is Inter Cairo 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 Inter Cairo's stock expected returns. We can calculate the autocorrelation of Inter Cairo returns to help us make a trade decision. For example, suppose you find that Inter Cairo 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 |
Inter Cairo 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 Inter Cairo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inter Cairo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inter Cairo stock over time.
Current vs Lagged Prices |
| Timeline |
Inter Cairo Lagged Returns
When evaluating Inter Cairo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inter Cairo stock have on its future price. Inter Cairo 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, Inter Cairo autocorrelation shows the relationship between Inter Cairo stock current value and its past values and can show if there is a momentum factor associated with investing in Inter Cairo For Aluminum.
Regressed Prices |
| Timeline |