Institut IGH (Croatia) Market Value
| IGH Stock | 18.40 0.50 2.79% |
| Symbol | Institut |
Please note, there is a significant difference between Institut IGH's value and its price as these two are different measures arrived at by different means. Investors typically determine if Institut IGH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Institut IGH'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.
Institut IGH '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 Institut IGH'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 Institut IGH.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Institut IGH on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Institut IGH dd or generate 0.0% return on investment in Institut IGH over 90 days. Institut IGH is related to or competes with AD Plastik, Hrvatska Postanska, Dalekovod, Podravka Prehrambena, Zagrebacka Banka, and Arena Hospitality. More
Institut IGH 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 Institut IGH'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 Institut IGH dd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 32.72 | |||
| Value At Risk | (11.21) | |||
| Potential Upside | 14.29 |
Institut IGH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Institut IGH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Institut IGH's standard deviation. In reality, there are many statistical measures that can use Institut IGH historical prices to predict the future Institut IGH's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.7374 | |||
| Treynor Ratio | 0.2269 |
Institut IGH dd Backtested Returns
Institut IGH appears to be slightly risky, given 3 months investment horizon. Institut IGH dd holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11 % return per unit of risk over the last 3 months. By evaluating Institut IGH's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please utilize Institut IGH's Risk Adjusted Performance of (0.01), standard deviation of 7.17, and Market Risk Adjusted Performance of 0.2369 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Institut IGH holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Institut IGH are expected to decrease at a much lower rate. During the bear market, Institut IGH is likely to outperform the market. Please check Institut IGH's skewness, as well as the relationship between the rate of daily change and price action indicator , to make a quick decision on whether Institut IGH's current trending patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Institut IGH dd has modest predictability. Overlapping area represents the amount of predictability between Institut IGH time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Institut IGH dd price movement. The serial correlation of 0.55 indicates that about 55.0% of current Institut IGH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 2.84 |
Institut IGH dd lagged returns against current returns
Autocorrelation, which is Institut IGH 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 Institut IGH's stock expected returns. We can calculate the autocorrelation of Institut IGH returns to help us make a trade decision. For example, suppose you find that Institut IGH 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 |
Institut IGH 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 Institut IGH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Institut IGH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Institut IGH stock over time.
Current vs Lagged Prices |
| Timeline |
Institut IGH Lagged Returns
When evaluating Institut IGH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Institut IGH stock have on its future price. Institut IGH 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, Institut IGH autocorrelation shows the relationship between Institut IGH stock current value and its past values and can show if there is a momentum factor associated with investing in Institut IGH dd.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Institut Stock
Institut IGH financial ratios help investors to determine whether Institut Stock 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 Institut with respect to the benefits of owning Institut IGH security.