Itafos Corp Stock Market Value
| IFOS Stock | CAD 1.81 0.07 3.72% |
| Symbol | Itafos |
Itafos Corp Price To Book Ratio
Itafos Corp '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 Itafos Corp'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 Itafos Corp.
| 01/20/2023 |
| 01/09/2025 |
If you would invest 0.00 in Itafos Corp on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Itafos Corp or generate 0.0% return on investment in Itafos Corp over 720 days. Itafos Corp is related to or competes with McChip Resources, and Highway 50. Itafos Inc. operates as a phosphate and specialty fertilizer platform company More
Itafos Corp 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 Itafos Corp'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 Itafos Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | 0.1158 | |||
| Maximum Drawdown | 15.63 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 4.14 |
Itafos Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itafos Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Itafos Corp's standard deviation. In reality, there are many statistical measures that can use Itafos Corp historical prices to predict the future Itafos Corp's volatility.| Risk Adjusted Performance | 0.1031 | |||
| Jensen Alpha | 0.2831 | |||
| Total Risk Alpha | 0.2847 | |||
| Sortino Ratio | 0.113 | |||
| Treynor Ratio | 1.29 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Itafos Corp'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.
Itafos Corp Backtested Returns
At this stage we consider Itafos Stock to be risky. Itafos Corp holds Efficiency (Sharpe) Ratio of 0.0361, which attests that the entity had a 0.0361% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Itafos Corp, which you can use to evaluate the volatility of the firm. Please check out Itafos Corp's Market Risk Adjusted Performance of 1.3, risk adjusted performance of 0.1031, and Downside Deviation of 2.51 to validate if the risk estimate we provide is consistent with the expected return of 0.081%. Itafos Corp has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Itafos Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Itafos Corp is expected to be smaller as well. Itafos Corp right now retains a risk of 2.24%. Please check out Itafos Corp downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Itafos Corp will be following its current trending patterns.
Auto-correlation | -0.64 |
Very good reverse predictability
Itafos Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Itafos Corp time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Itafos Corp price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Itafos Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Itafos Corp lagged returns against current returns
Autocorrelation, which is Itafos Corp 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 Itafos Corp's stock expected returns. We can calculate the autocorrelation of Itafos Corp returns to help us make a trade decision. For example, suppose you find that Itafos Corp 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 |
Itafos Corp 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 Itafos Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Itafos Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Itafos Corp stock over time.
Current vs Lagged Prices |
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Itafos Corp Lagged Returns
When evaluating Itafos Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Itafos Corp stock have on its future price. Itafos Corp 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, Itafos Corp autocorrelation shows the relationship between Itafos Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Itafos Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Itafos Stock Analysis
When running Itafos Corp's price analysis, check to measure Itafos Corp's 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 Itafos Corp is operating at the current time. Most of Itafos Corp's value examination focuses on studying past and present price action to predict the probability of Itafos Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itafos Corp's price. Additionally, you may evaluate how the addition of Itafos Corp to your portfolios can decrease your overall portfolio volatility.