Igene Biotechnology Stock Market Value
Igene Biotechnology's market value is the price at which a share of Igene Biotechnology trades on a public exchange. It measures the collective expectations of Igene Biotechnology investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Igene Biotechnology and determine expected loss or profit from investing in Igene Biotechnology over a given investment horizon. Check out Igene Biotechnology Correlation, Igene Biotechnology Volatility and Igene Biotechnology Alpha and Beta module to complement your research on Igene Biotechnology.
| Symbol | Igene |
Igene Biotechnology '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 Igene Biotechnology'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 Igene Biotechnology.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Igene Biotechnology on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Igene Biotechnology or generate 0.0% return on investment in Igene Biotechnology over 30 days. Igene Biotechnology is related to or competes with KS AG, Intrepid Potash, and Bioceres Crop. Igene Biotechnology, Inc. focuses on the research, development, production, and commercialization of specialty ingredien... More
Igene Biotechnology 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 Igene Biotechnology'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 Igene Biotechnology upside and downside potential and time the market with a certain degree of confidence.
Igene Biotechnology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Igene Biotechnology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Igene Biotechnology's standard deviation. In reality, there are many statistical measures that can use Igene Biotechnology historical prices to predict the future Igene Biotechnology's volatility.Igene Biotechnology Backtested Returns
We have found zero technical indicators for Igene Biotechnology, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Igene Biotechnology are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Igene Biotechnology has no correlation between past and present. Overlapping area represents the amount of predictability between Igene Biotechnology time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Igene Biotechnology price movement. The serial correlation of 0.0 indicates that just 0.0% of current Igene Biotechnology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Igene Biotechnology lagged returns against current returns
Autocorrelation, which is Igene Biotechnology 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 Igene Biotechnology's pink sheet expected returns. We can calculate the autocorrelation of Igene Biotechnology returns to help us make a trade decision. For example, suppose you find that Igene Biotechnology 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 |
Igene Biotechnology 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 Igene Biotechnology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Igene Biotechnology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Igene Biotechnology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Igene Biotechnology Lagged Returns
When evaluating Igene Biotechnology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Igene Biotechnology pink sheet have on its future price. Igene Biotechnology 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, Igene Biotechnology autocorrelation shows the relationship between Igene Biotechnology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Igene Biotechnology.
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 Igene Pink Sheet
Igene Biotechnology financial ratios help investors to determine whether Igene 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 Igene with respect to the benefits of owning Igene Biotechnology security.