Intellicheck Mobilisa Stock Market Value
| IDN Stock | USD 2.78 0.01 0.36% |
| Symbol | Intellicheck |
Intellicheck Mobilisa Price To Book Ratio
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intellicheck Mobilisa. If investors know Intellicheck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intellicheck Mobilisa listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.622 | Earnings Share (0.02) | Revenue Per Share 0.997 | Quarterly Revenue Growth (0.01) | Return On Assets (0.01) |
The market value of Intellicheck Mobilisa is measured differently than its book value, which is the value of Intellicheck that is recorded on the company's balance sheet. Investors also form their own opinion of Intellicheck Mobilisa's value that differs from its market value or its book value, called intrinsic value, which is Intellicheck Mobilisa's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intellicheck Mobilisa's market value can be influenced by many factors that don't directly affect Intellicheck Mobilisa's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intellicheck Mobilisa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intellicheck Mobilisa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intellicheck Mobilisa's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Intellicheck Mobilisa '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 Intellicheck Mobilisa's 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 Intellicheck Mobilisa.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Intellicheck Mobilisa on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Intellicheck Mobilisa or generate 0.0% return on investment in Intellicheck Mobilisa over 30 days. Intellicheck Mobilisa is related to or competes with Rigetti Computing, Quantum Computing, IONQ, Quantum, Arista Networks, and Super Micro. Intellicheck, Inc., a technology company, develops, integrates, and markets threat identification and identity authentic... More
Intellicheck Mobilisa 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 Intellicheck Mobilisa's 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 Intellicheck Mobilisa upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.25 | |||
| Information Ratio | 0.0839 | |||
| Maximum Drawdown | 19.27 | |||
| Value At Risk | (6.79) | |||
| Potential Upside | 7.86 |
Intellicheck Mobilisa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intellicheck Mobilisa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intellicheck Mobilisa's standard deviation. In reality, there are many statistical measures that can use Intellicheck Mobilisa historical prices to predict the future Intellicheck Mobilisa's volatility.| Risk Adjusted Performance | 0.081 | |||
| Jensen Alpha | 0.3461 | |||
| Total Risk Alpha | 0.2474 | |||
| Sortino Ratio | 0.081 | |||
| Treynor Ratio | 0.4022 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intellicheck Mobilisa'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.
Intellicheck Mobilisa Backtested Returns
Intellicheck Mobilisa appears to be unstable, given 3 months investment horizon. Intellicheck Mobilisa holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. By evaluating Intellicheck Mobilisa's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Intellicheck Mobilisa's Risk Adjusted Performance of 0.081, market risk adjusted performance of 0.4122, and Downside Deviation of 4.25 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Intellicheck Mobilisa holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.91, which attests to possible diversification benefits within a given portfolio. Intellicheck Mobilisa returns are very sensitive to returns on the market. As the market goes up or down, Intellicheck Mobilisa is expected to follow. Please check Intellicheck Mobilisa's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Intellicheck Mobilisa's current trending patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Intellicheck Mobilisa has very good reverse predictability. Overlapping area represents the amount of predictability between Intellicheck Mobilisa 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 Intellicheck Mobilisa price movement. The serial correlation of -0.69 indicates that around 69.0% of current Intellicheck Mobilisa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Intellicheck Mobilisa lagged returns against current returns
Autocorrelation, which is Intellicheck Mobilisa 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 Intellicheck Mobilisa's stock expected returns. We can calculate the autocorrelation of Intellicheck Mobilisa returns to help us make a trade decision. For example, suppose you find that Intellicheck Mobilisa 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 |
Intellicheck Mobilisa 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 Intellicheck Mobilisa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intellicheck Mobilisa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intellicheck Mobilisa stock over time.
Current vs Lagged Prices |
| Timeline |
Intellicheck Mobilisa Lagged Returns
When evaluating Intellicheck Mobilisa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intellicheck Mobilisa stock have on its future price. Intellicheck Mobilisa 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, Intellicheck Mobilisa autocorrelation shows the relationship between Intellicheck Mobilisa stock current value and its past values and can show if there is a momentum factor associated with investing in Intellicheck Mobilisa.
Regressed Prices |
| Timeline |
Pair Trading with Intellicheck Mobilisa
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intellicheck Mobilisa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intellicheck Mobilisa will appreciate offsetting losses from the drop in the long position's value.Moving together with Intellicheck Stock
Moving against Intellicheck Stock
| 0.81 | VRME | VerifyMe | PairCorr |
| 0.71 | VISL | Vislink Technologies | PairCorr |
| 0.7 | DM | Desktop Metal | PairCorr |
| 0.64 | VSAT | ViaSat Inc | PairCorr |
The ability to find closely correlated positions to Intellicheck Mobilisa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intellicheck Mobilisa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intellicheck Mobilisa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intellicheck Mobilisa to buy it.
The correlation of Intellicheck Mobilisa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intellicheck Mobilisa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intellicheck Mobilisa moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intellicheck Mobilisa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Intellicheck Mobilisa Correlation, Intellicheck Mobilisa Volatility and Intellicheck Mobilisa Alpha and Beta module to complement your research on Intellicheck Mobilisa. To learn how to invest in Intellicheck Stock, please use our How to Invest in Intellicheck Mobilisa guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Intellicheck Mobilisa technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.