Impero AS (Denmark) Market Value
| IMPERO Stock | DKK 6.60 0.35 5.60% |
| Symbol | Impero |
Impero AS '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 Impero AS'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 Impero AS.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Impero AS on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Impero AS or generate 0.0% return on investment in Impero AS over 90 days. Impero AS is related to or competes with Shape Robotics, and Dataproces Group. Its platform is distributed as Software-as-a-Service that enables companies to easily manage compliance through automati... More
Impero AS 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 Impero AS'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 Impero AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.18 | |||
| Information Ratio | 0.0771 | |||
| Maximum Drawdown | 30.7 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 6.78 |
Impero AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impero AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impero AS's standard deviation. In reality, there are many statistical measures that can use Impero AS historical prices to predict the future Impero AS's volatility.| Risk Adjusted Performance | 0.0597 | |||
| Jensen Alpha | 0.2531 | |||
| Total Risk Alpha | 0.7094 | |||
| Sortino Ratio | 0.0817 | |||
| Treynor Ratio | 9.99 |
Impero AS Backtested Returns
At this point, Impero AS is moderately volatile. Impero AS holds Efficiency (Sharpe) Ratio of 0.0391, which attests that the entity had a 0.0391 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Impero AS, which you can use to evaluate the volatility of the firm. Please check out Impero AS's Downside Deviation of 4.18, risk adjusted performance of 0.0597, and Market Risk Adjusted Performance of 10.0 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Impero AS has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0251, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Impero AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Impero AS is expected to be smaller as well. Impero AS right now retains a risk of 4.53%. Please check out Impero AS expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Impero AS will be following its current trending patterns.
Auto-correlation | -0.03 |
Very weak reverse predictability
Impero AS has very weak reverse predictability. Overlapping area represents the amount of predictability between Impero AS time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Impero AS price movement. The serial correlation of -0.03 indicates that only 3.0% of current Impero AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Impero AS lagged returns against current returns
Autocorrelation, which is Impero AS 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 Impero AS's stock expected returns. We can calculate the autocorrelation of Impero AS returns to help us make a trade decision. For example, suppose you find that Impero AS 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 |
Impero AS 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 Impero AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impero AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impero AS stock over time.
Current vs Lagged Prices |
| Timeline |
Impero AS Lagged Returns
When evaluating Impero AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impero AS stock have on its future price. Impero AS 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, Impero AS autocorrelation shows the relationship between Impero AS stock current value and its past values and can show if there is a momentum factor associated with investing in Impero AS.
Regressed Prices |
| Timeline |
Pair Trading with Impero AS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Impero AS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Impero AS will appreciate offsetting losses from the drop in the long position's value.Moving against Impero Stock
The ability to find closely correlated positions to Impero AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Impero AS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Impero AS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Impero AS to buy it.
The correlation of Impero AS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Impero AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Impero AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Impero AS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Impero Stock
Impero AS financial ratios help investors to determine whether Impero 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 Impero with respect to the benefits of owning Impero AS security.