Icts International Nv Stock Market Value
| ICTSF Stock | USD 4.50 0.00 0.00% |
| Symbol | ICTS |
ICTS International '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 ICTS International's otc 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 ICTS International.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in ICTS International on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding ICTS International NV or generate 0.0% return on investment in ICTS International over 30 days. ICTS International is related to or competes with TOMI Environmental, SCOR PK, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, and SPACE. ICTS International N.V., together with its subsidiaries, provides airport security and other aviation services, and auth... More
ICTS International 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 ICTS International's otc 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 ICTS International NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 35.68 | |||
| Value At Risk | (8.16) | |||
| Potential Upside | 8.46 |
ICTS International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICTS International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ICTS International's standard deviation. In reality, there are many statistical measures that can use ICTS International historical prices to predict the future ICTS International's volatility.| Risk Adjusted Performance | 0.0011 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ICTS International'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.
ICTS International Backtested Returns
ICTS International holds Efficiency (Sharpe) Ratio of -0.0099, which attests that the company had a -0.0099% return per unit of volatility over the last 3 months. ICTS International exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ICTS International's market risk adjusted performance of (0.03), and Coefficient Of Variation of (10,364) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 1.39, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ICTS International will likely underperform. At this point, ICTS International has a negative expected return of -0.0495%. Please make sure to check out ICTS International's total risk alpha and rate of daily change , to decide if ICTS International performance from the past will be repeated in the future.
Auto-correlation | 0.21 |
Weak predictability
ICTS International NV has weak predictability. Overlapping area represents the amount of predictability between ICTS International time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 ICTS International price movement. The serial correlation of 0.21 indicates that over 21.0% of current ICTS International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
ICTS International lagged returns against current returns
Autocorrelation, which is ICTS International otc 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 ICTS International's otc stock expected returns. We can calculate the autocorrelation of ICTS International returns to help us make a trade decision. For example, suppose you find that ICTS International has exhibited high autocorrelation historically, and you observe that the otc 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 |
ICTS International 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 ICTS International otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ICTS International otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ICTS International otc stock over time.
Current vs Lagged Prices |
| Timeline |
ICTS International Lagged Returns
When evaluating ICTS International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ICTS International otc stock have on its future price. ICTS International 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, ICTS International autocorrelation shows the relationship between ICTS International otc stock current value and its past values and can show if there is a momentum factor associated with investing in ICTS International NV.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ICTS OTC Stock
ICTS International financial ratios help investors to determine whether ICTS OTC 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 ICTS with respect to the benefits of owning ICTS International security.