Industrial (Germany) Market Value
| ICK Stock | EUR 0.66 0.02 3.13% |
| Symbol | Industrial |
Industrial '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 Industrial'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 Industrial.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Industrial on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Industrial and Commercial or generate 0.0% return on investment in Industrial over 90 days. Industrial is related to or competes with Tokentus Investment, China Railway, Titan Machinery, Tokyu Construction, Scottish Mortgage, HK Electric, and CDL INVESTMENT. Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services ... More
Industrial 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 Industrial'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 Industrial and Commercial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.2021 | |||
| Maximum Drawdown | 34.33 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 4.65 |
Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Industrial's standard deviation. In reality, there are many statistical measures that can use Industrial historical prices to predict the future Industrial's volatility.| Risk Adjusted Performance | 0.1638 | |||
| Jensen Alpha | 0.671 | |||
| Total Risk Alpha | 1.29 | |||
| Sortino Ratio | 0.314 | |||
| Treynor Ratio | (0.96) |
Industrial and Commercial Backtested Returns
Industrial appears to be abnormally volatile, given 3 months investment horizon. Industrial and Commercial holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16 % return per unit of risk over the last 3 months. By evaluating Industrial's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please utilize Industrial's Downside Deviation of 2.76, market risk adjusted performance of (0.95), and Risk Adjusted Performance of 0.1638 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Industrial holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.79, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Industrial are expected to decrease at a much lower rate. During the bear market, Industrial is likely to outperform the market. Please check Industrial's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Industrial's current trending patterns will revert.
Auto-correlation | 0.37 |
Below average predictability
Industrial and Commercial has below average predictability. Overlapping area represents the amount of predictability between Industrial time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Industrial and Commercial price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Industrial and Commercial lagged returns against current returns
Autocorrelation, which is Industrial 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 Industrial's stock expected returns. We can calculate the autocorrelation of Industrial returns to help us make a trade decision. For example, suppose you find that Industrial 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 |
Industrial 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 Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Industrial Lagged Returns
When evaluating Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Industrial stock have on its future price. Industrial 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, Industrial autocorrelation shows the relationship between Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Industrial and Commercial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Industrial Stock
Industrial financial ratios help investors to determine whether Industrial 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 Industrial with respect to the benefits of owning Industrial security.