Indiana Resources (Australia) Market Value
| IDA Stock | 0.07 0 1.39% |
| Symbol | Indiana |
Indiana Resources '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 Indiana Resources' 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 Indiana Resources.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Indiana Resources on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Indiana Resources or generate 0.0% return on investment in Indiana Resources over 30 days. Indiana Resources is related to or competes with Ainsworth Game, Duxton Broadacre, and Qbe Insurance. Indiana Resources is entity of Australia More
Indiana Resources 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 Indiana Resources' 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 Indiana Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.1735 | |||
| Maximum Drawdown | 11.81 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 4.71 |
Indiana Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indiana Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indiana Resources' standard deviation. In reality, there are many statistical measures that can use Indiana Resources historical prices to predict the future Indiana Resources' volatility.| Risk Adjusted Performance | 0.1201 | |||
| Jensen Alpha | 0.3559 | |||
| Total Risk Alpha | 0.529 | |||
| Sortino Ratio | 0.1776 | |||
| Treynor Ratio | 1.43 |
Indiana Resources Backtested Returns
Indiana Resources appears to be out of control, given 3 months investment horizon. Indiana Resources 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. We have found twenty-eight technical indicators for Indiana Resources, which you can use to evaluate the volatility of the firm. Please utilize Indiana Resources' Risk Adjusted Performance of 0.1201, downside deviation of 2.26, and Market Risk Adjusted Performance of 1.44 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indiana Resources holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Indiana Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Indiana Resources is expected to be smaller as well. Please check Indiana Resources' semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Indiana Resources' current trending patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Indiana Resources has poor reverse predictability. Overlapping area represents the amount of predictability between Indiana Resources time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Indiana Resources price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Indiana Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Indiana Resources lagged returns against current returns
Autocorrelation, which is Indiana Resources 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 Indiana Resources' stock expected returns. We can calculate the autocorrelation of Indiana Resources returns to help us make a trade decision. For example, suppose you find that Indiana Resources 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 |
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Indiana Resources 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 Indiana Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indiana Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indiana Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Indiana Resources Lagged Returns
When evaluating Indiana Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indiana Resources stock have on its future price. Indiana Resources 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, Indiana Resources autocorrelation shows the relationship between Indiana Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Indiana Resources.
Regressed Prices |
| Timeline |
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Additional Tools for Indiana Stock Analysis
When running Indiana Resources' price analysis, check to measure Indiana Resources' 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 Indiana Resources is operating at the current time. Most of Indiana Resources' value examination focuses on studying past and present price action to predict the probability of Indiana Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indiana Resources' price. Additionally, you may evaluate how the addition of Indiana Resources to your portfolios can decrease your overall portfolio volatility.