Idp Education Limited Stock Market Value
| IDPUF Stock | USD 8.35 0.00 0.00% |
| Symbol | IDP |
IDP Education '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 IDP Education'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 IDP Education.
| 09/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in IDP Education on September 19, 2024 and sell it all today you would earn a total of 0.00 from holding IDP Education Limited or generate 0.0% return on investment in IDP Education over 90 days. IDP Education is related to or competes with Vasta Platform, QuantaSing Group, Bright Scholar, Laureate Education, Universal Technical, ATA Creativity, and Cogna Educacao. IDP Education Limited engages in the placement of students into education institutions in Australia, the United Kingdom,... More
IDP Education 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 IDP Education'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 IDP Education Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 20.7 |
IDP Education Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDP Education's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDP Education's standard deviation. In reality, there are many statistical measures that can use IDP Education historical prices to predict the future IDP Education's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 0.5357 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IDP Education'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.
IDP Education Limited Backtested Returns
IDP Education Limited holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of volatility over the last 3 months. IDP Education Limited exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IDP Education's risk adjusted performance of (0.08), and Market Risk Adjusted Performance of 0.5457 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IDP Education are expected to decrease at a much lower rate. During the bear market, IDP Education is likely to outperform the market. At this point, IDP Education Limited has a negative expected return of -0.33%. Please make sure to check out IDP Education's information ratio and rate of daily change , to decide if IDP Education Limited performance from the past will be repeated in the future.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 1.09 |
IDP Education Limited lagged returns against current returns
Autocorrelation, which is IDP Education 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 IDP Education's pink sheet expected returns. We can calculate the autocorrelation of IDP Education returns to help us make a trade decision. For example, suppose you find that IDP Education 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 |
IDP Education 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 IDP Education pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDP Education pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDP Education pink sheet over time.
Current vs Lagged Prices |
| Timeline |
IDP Education Lagged Returns
When evaluating IDP Education's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDP Education pink sheet have on its future price. IDP Education 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, IDP Education autocorrelation shows the relationship between IDP Education pink sheet current value and its past values and can show if there is a momentum factor associated with investing in IDP Education Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in IDP Pink Sheet
IDP Education financial ratios help investors to determine whether IDP 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 IDP with respect to the benefits of owning IDP Education security.