3I Group (UK) Market Value
| III Stock | 3,548 10.00 0.28% |
| Symbol | III |
3I Group '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 3I Group'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 3I Group.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in 3I Group on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding 3I Group PLC or generate 0.0% return on investment in 3I Group over 30 days. 3I Group is related to or competes with Polar Capital, Charter Communications, Sunny Optical, International Biotechnology, Take Two, Alfa Financial, and SMA Solar. 3I Group is entity of United Kingdom. It is traded as Stock on LSE exchange. More
3I Group 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 3I Group'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 3I Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0569 | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.71 |
3I Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 3I Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 3I Group's standard deviation. In reality, there are many statistical measures that can use 3I Group historical prices to predict the future 3I Group's volatility.| Risk Adjusted Performance | 0.0664 | |||
| Jensen Alpha | 0.1081 | |||
| Total Risk Alpha | 0.067 | |||
| Sortino Ratio | 0.0591 | |||
| Treynor Ratio | 1.07 |
3I Group PLC Backtested Returns
At this point, 3I Group is very steady. 3I Group PLC retains Efficiency (Sharpe Ratio) of 0.0746, which signifies that the company had a 0.0746% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for 3I Group, which you can use to evaluate the volatility of the firm. Please confirm 3I Group's Market Risk Adjusted Performance of 1.08, standard deviation of 1.55, and Coefficient Of Variation of 1287.78 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. 3I Group has a performance score of 5 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 3I Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding 3I Group is expected to be smaller as well. 3I Group PLC today owns a risk of 1.55%. Please confirm 3I Group PLC semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to decide if 3I Group PLC will be following its current price history.
Auto-correlation | -0.58 |
Good reverse predictability
3I Group PLC has good reverse predictability. Overlapping area represents the amount of predictability between 3I Group time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 3I Group PLC price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current 3I Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 2324.51 |
3I Group PLC lagged returns against current returns
Autocorrelation, which is 3I Group 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 3I Group's stock expected returns. We can calculate the autocorrelation of 3I Group returns to help us make a trade decision. For example, suppose you find that 3I Group 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 |
3I Group 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 3I Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 3I Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 3I Group stock over time.
Current vs Lagged Prices |
| Timeline |
3I Group Lagged Returns
When evaluating 3I Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 3I Group stock have on its future price. 3I Group 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, 3I Group autocorrelation shows the relationship between 3I Group stock current value and its past values and can show if there is a momentum factor associated with investing in 3I Group PLC.
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 III Stock
3I Group financial ratios help investors to determine whether III 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 III with respect to the benefits of owning 3I Group security.