Integrated Diagnostics (UK) Market Value
| IDHC Stock | 0.44 0.01 2.22% |
| 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.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in Integrated Diagnostics on June 28, 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 180 days. Integrated Diagnostics is related to or competes with Verizon Communications, Monster Beverage, Fevertree Drinks, Gamma Communications, Games Workshop, DFS Furniture, and Charter Communications. Integrated Diagnostics is entity of United Kingdom More
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.
| Downside Deviation | 4.18 | |||
| Information Ratio | 0.0979 | |||
| Maximum Drawdown | 22.72 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 5.88 |
Integrated Diagnostics Market Risk Indicators
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.| Risk Adjusted Performance | 0.0955 | |||
| Jensen Alpha | 0.4017 | |||
| Total Risk Alpha | 0.2429 | |||
| Sortino Ratio | 0.0895 | |||
| Treynor Ratio | 1.94 |
Integrated Diagnostics Backtested Returns
Integrated Diagnostics appears to be abnormally volatile, given 3 months investment horizon. Integrated Diagnostics holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Integrated Diagnostics, which you can use to evaluate the volatility of the firm. Please utilize Integrated Diagnostics' Market Risk Adjusted Performance of 1.95, risk adjusted performance of 0.0955, and Downside Deviation of 4.18 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Integrated Diagnostics holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.21, 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. Please check Integrated Diagnostics' sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Integrated Diagnostics' current trending patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Integrated Diagnostics Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Integrated Diagnostics time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 -0.29 indicates that nearly 29.0% of current Integrated Diagnostics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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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.Additional Tools for Integrated Stock Analysis
When running Integrated Diagnostics' price analysis, check to measure Integrated Diagnostics' 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 Integrated Diagnostics is operating at the current time. Most of Integrated Diagnostics' value examination focuses on studying past and present price action to predict the probability of Integrated Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Integrated Diagnostics' price. Additionally, you may evaluate how the addition of Integrated Diagnostics to your portfolios can decrease your overall portfolio volatility.