Imaflex Stock Market Value

IFX Stock  CAD 1.46  0.06  4.29%   
Imaflex's market value is the price at which a share of Imaflex trades on a public exchange. It measures the collective expectations of Imaflex investors about its performance. Imaflex is selling for under 1.46 as of the 5th of December 2024; that is 4.29 percent increase since the beginning of the trading day. The stock's lowest day price was 1.42.
With this module, you can estimate the performance of a buy and hold strategy of Imaflex and determine expected loss or profit from investing in Imaflex over a given investment horizon. Check out Imaflex Correlation, Imaflex Volatility and Imaflex Alpha and Beta module to complement your research on Imaflex.
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Imaflex Price To Book Ratio

Please note, there is a significant difference between Imaflex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imaflex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imaflex'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.

Imaflex '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 Imaflex'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 Imaflex.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/05/2024
0.00
If you would invest  0.00  in Imaflex on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Imaflex or generate 0.0% return on investment in Imaflex over 720 days. Imaflex is related to or competes with AirIQ, NamSys, Supremex, Atlas Engineered, and Fab Form. Imaflex Inc., together with its subsidiary, develops, manufactures, and sells flexible packaging materials for consumer,... More

Imaflex 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 Imaflex'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 Imaflex upside and downside potential and time the market with a certain degree of confidence.

Imaflex Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Imaflex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imaflex's standard deviation. In reality, there are many statistical measures that can use Imaflex historical prices to predict the future Imaflex's volatility.
Hype
Prediction
LowEstimatedHigh
0.071.463.94
Details
Intrinsic
Valuation
LowRealHigh
0.061.253.73
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Imaflex Backtested Returns

Imaflex holds Efficiency (Sharpe) Ratio of -0.0215, which attests that the entity had a -0.0215% return per unit of risk over the last 3 months. Imaflex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Imaflex's Market Risk Adjusted Performance of 0.0498, standard deviation of 2.49, and Risk Adjusted Performance of 0.004 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Imaflex are expected to decrease at a much lower rate. During the bear market, Imaflex is likely to outperform the market. At this point, Imaflex has a negative expected return of -0.0532%. Please make sure to check out Imaflex's value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if Imaflex performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.82  

Excellent reverse predictability

Imaflex has excellent reverse predictability. Overlapping area represents the amount of predictability between Imaflex time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 Imaflex price movement. The serial correlation of -0.82 indicates that around 82.0% of current Imaflex price fluctuation can be explain by its past prices.
Correlation Coefficient-0.82
Spearman Rank Test-0.76
Residual Average0.0
Price Variance0.08

Imaflex lagged returns against current returns

Autocorrelation, which is Imaflex 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 Imaflex's stock expected returns. We can calculate the autocorrelation of Imaflex returns to help us make a trade decision. For example, suppose you find that Imaflex 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  

Imaflex 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 Imaflex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imaflex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imaflex stock over time.
   Current vs Lagged Prices   
       Timeline  

Imaflex Lagged Returns

When evaluating Imaflex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imaflex stock have on its future price. Imaflex 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, Imaflex autocorrelation shows the relationship between Imaflex stock current value and its past values and can show if there is a momentum factor associated with investing in Imaflex.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Imaflex Stock Analysis

When running Imaflex's price analysis, check to measure Imaflex'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 Imaflex is operating at the current time. Most of Imaflex's value examination focuses on studying past and present price action to predict the probability of Imaflex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imaflex's price. Additionally, you may evaluate how the addition of Imaflex to your portfolios can decrease your overall portfolio volatility.