Impala Platinum (South Africa) Market Value
| IMP Stock | 11,389 2.00 0.02% |
| Symbol | Impala |
Impala Platinum '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 Impala Platinum'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 Impala Platinum.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Impala Platinum on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Impala Platinum Holdings or generate 0.0% return on investment in Impala Platinum over 90 days. Impala Platinum is related to or competes with Kumba Iron, Standard Bank, Harmony Gold, Frontier Transport, HomeChoice Investments, and Brimstone Investment. More
Impala Platinum 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 Impala Platinum'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 Impala Platinum Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.0896 | |||
| Maximum Drawdown | 15.41 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 6.4 |
Impala Platinum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impala Platinum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impala Platinum's standard deviation. In reality, there are many statistical measures that can use Impala Platinum historical prices to predict the future Impala Platinum's volatility.| Risk Adjusted Performance | 0.0589 | |||
| Jensen Alpha | 0.1746 | |||
| Total Risk Alpha | 0.5919 | |||
| Sortino Ratio | 0.1089 | |||
| Treynor Ratio | (2.28) |
Impala Platinum Holdings Backtested Returns
Impala Platinum appears to be very steady, given 3 months investment horizon. Impala Platinum Holdings holds Efficiency (Sharpe) Ratio of 0.0969, which attests that the entity had a 0.0969 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Impala Platinum Holdings, which you can use to evaluate the volatility of the firm. Please utilize Impala Platinum's Risk Adjusted Performance of 0.0589, downside deviation of 2.68, and Market Risk Adjusted Performance of (2.27) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Impala Platinum holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.0804, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Impala Platinum are expected to decrease at a much lower rate. During the bear market, Impala Platinum is likely to outperform the market. Please check Impala Platinum's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether Impala Platinum's current trending patterns will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
Impala Platinum Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Impala Platinum time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Impala Platinum Holdings price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Impala Platinum price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 609.2 K |
Impala Platinum Holdings lagged returns against current returns
Autocorrelation, which is Impala Platinum 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 Impala Platinum's stock expected returns. We can calculate the autocorrelation of Impala Platinum returns to help us make a trade decision. For example, suppose you find that Impala Platinum 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 |
Impala Platinum 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 Impala Platinum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impala Platinum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impala Platinum stock over time.
Current vs Lagged Prices |
| Timeline |
Impala Platinum Lagged Returns
When evaluating Impala Platinum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impala Platinum stock have on its future price. Impala Platinum 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, Impala Platinum autocorrelation shows the relationship between Impala Platinum stock current value and its past values and can show if there is a momentum factor associated with investing in Impala Platinum Holdings.
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 Impala Stock
Impala Platinum financial ratios help investors to determine whether Impala 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 Impala with respect to the benefits of owning Impala Platinum security.