Integrated Diagnostics' market value is the price at which a share of Integrated Diagnostics trades on a public exchange. It measures the collective expectations of Integrated Diagnostics Holdings investors about its performance. Integrated Diagnostics is trading at 20.00 as of the 26th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 20.0. With this module, you can estimate the performance of a buy and hold strategy of Integrated Diagnostics Holdings and determine expected loss or profit from investing in Integrated Diagnostics over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Integrated
Integrated Diagnostics '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 Integrated Diagnostics' 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 Integrated Diagnostics.
0.00
01/01/2024
No Change 0.00
0.0
In 11 months and 26 days
12/26/2024
0.00
If you would invest 0.00 in Integrated Diagnostics on January 1, 2024 and sell it all today you would earn a total of 0.00 from holding Integrated Diagnostics Holdings or generate 0.0% return on investment in Integrated Diagnostics over 360 days.
Integrated Diagnostics 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 Integrated Diagnostics' 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 Integrated Diagnostics Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Integrated Diagnostics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integrated Diagnostics' standard deviation. In reality, there are many statistical measures that can use Integrated Diagnostics historical prices to predict the future Integrated Diagnostics' volatility.
We have found sixteen technical indicators for Integrated Diagnostics, which you can use to evaluate the volatility of the firm. Please check out Integrated Diagnostics' Standard Deviation of 0.6478, risk adjusted performance of 0.0961, and Market Risk Adjusted Performance of 3.59 to validate if the risk estimate we provide is consistent with the expected return of 0.0%. The company retains a Market Volatility (i.e., Beta) of 0.0195, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Integrated Diagnostics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Integrated Diagnostics is expected to be smaller as well. Integrated Diagnostics right now retains a risk of 0.0%. Please check out Integrated Diagnostics market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to decide if Integrated Diagnostics will be following its current trending patterns.
Auto-correlation
-0.16
Insignificant reverse predictability
Integrated Diagnostics Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between Integrated Diagnostics time series from 1st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Integrated Diagnostics price movement. The serial correlation of -0.16 indicates that over 16.0% of current Integrated Diagnostics price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.16
Spearman Rank Test
0.76
Residual Average
0.0
Price Variance
0.23
Integrated Diagnostics lagged returns against current returns
Autocorrelation, which is Integrated Diagnostics 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 Integrated Diagnostics' stock expected returns. We can calculate the autocorrelation of Integrated Diagnostics returns to help us make a trade decision. For example, suppose you find that Integrated Diagnostics 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
Integrated Diagnostics 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 Integrated Diagnostics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integrated Diagnostics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integrated Diagnostics stock over time.
Current vs Lagged Prices
Timeline
Integrated Diagnostics Lagged Returns
When evaluating Integrated Diagnostics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integrated Diagnostics stock have on its future price. Integrated Diagnostics 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, Integrated Diagnostics autocorrelation shows the relationship between Integrated Diagnostics stock current value and its past values and can show if there is a momentum factor associated with investing in Integrated Diagnostics Holdings.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.