Industria De Diseo Stock Market Value
| IDEXF Stock | USD 53.00 0.18 0.34% |
| Symbol | Industria |
Industria '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 Industria's pink sheet 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 Industria.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Industria on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Industria de Diseo or generate 0.0% return on investment in Industria over 30 days. Industria is related to or competes with Fast Retailing, T.J. Maxx, Ross Stores, Urban Outfitters, Boot Barn, Zumiez, and Fast Retailing. Industria de Diseo Textil, S.A. engages in the retail and online distribution of clothing, footwear, accessories, and ho... More
Industria 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 Industria's pink sheet 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 Industria de Diseo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.05 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 5.08 |
Industria Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Industria's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Industria's standard deviation. In reality, there are many statistical measures that can use Industria historical prices to predict the future Industria's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.7366 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Industria'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.
Industria de Diseo Backtested Returns
Industria de Diseo holds Efficiency (Sharpe) Ratio of -0.0319, which attests that the entity had a -0.0319% return per unit of risk over the last 3 months. Industria de Diseo exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Industria's Market Risk Adjusted Performance of 0.7466, standard deviation of 2.57, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Industria are expected to decrease at a much lower rate. During the bear market, Industria is likely to outperform the market. At this point, Industria de Diseo has a negative expected return of -0.0823%. Please make sure to check out Industria's potential upside, and the relationship between the information ratio and rate of daily change , to decide if Industria de Diseo performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Industria de Diseo has poor reverse predictability. Overlapping area represents the amount of predictability between Industria time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Industria de Diseo price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Industria price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 4.91 |
Industria de Diseo lagged returns against current returns
Autocorrelation, which is Industria pink sheet'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 Industria's pink sheet expected returns. We can calculate the autocorrelation of Industria returns to help us make a trade decision. For example, suppose you find that Industria has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Industria 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 Industria pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Industria pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Industria pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Industria Lagged Returns
When evaluating Industria's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Industria pink sheet have on its future price. Industria 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, Industria autocorrelation shows the relationship between Industria pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Industria de Diseo.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Industria Pink Sheet
Industria financial ratios help investors to determine whether Industria Pink Sheet 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 Industria with respect to the benefits of owning Industria security.