Intelgenx Technologs Stock Market Value

Symbol

Intelgenx

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 Intelgenx Technologs' 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 Intelgenx Technologs.

Intelgenx Technologs Upside/Downside Indicators

Intelgenx Technologs Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Intelgenx Technologs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intelgenx Technologs' standard deviation. In reality, there are many statistical measures that can use Intelgenx Technologs historical prices to predict the future Intelgenx Technologs' volatility.

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intelgenx Technologs' 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.

Autocorrelation, which is Intelgenx Technologs 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 Intelgenx Technologs' pink sheet expected returns. We can calculate the autocorrelation of Intelgenx Technologs returns to help us make a trade decision. For example, suppose you find that Intelgenx Technologs 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Intelgenx Technologs pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intelgenx Technologs pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intelgenx Technologs pink sheet over time.

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

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