Impex Ferro (India) Market Value
| IMPEXFERRO | 2.38 0.02 0.85% |
| Symbol | Impex |
Impex Ferro '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 Impex Ferro'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 Impex Ferro.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Impex Ferro on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Impex Ferro Tech or generate 0.0% return on investment in Impex Ferro over 30 days. Impex Ferro is related to or competes with Agarwal IndustrialLimite, AUTHUM INVESTMENT, Indian Metals, Shyam Metalics, Newgen Software, Bajaj Holdings, and Investment Trust. More
Impex Ferro 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 Impex Ferro'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 Impex Ferro Tech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.92 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 3.87 |
Impex Ferro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impex Ferro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impex Ferro's standard deviation. In reality, there are many statistical measures that can use Impex Ferro historical prices to predict the future Impex Ferro's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.87) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Impex Ferro's 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.
Impex Ferro Tech Backtested Returns
Impex Ferro Tech holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14 % return per unit of risk over the last 3 months. Impex Ferro Tech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Impex Ferro's Risk Adjusted Performance of (0.1), standard deviation of 2.58, and Market Risk Adjusted Performance of (0.86) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Impex Ferro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Impex Ferro is expected to be smaller as well. At this point, Impex Ferro Tech has a negative expected return of -0.36%. Please make sure to check out Impex Ferro's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Impex Ferro Tech performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Impex Ferro Tech has below average predictability. Overlapping area represents the amount of predictability between Impex Ferro time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Impex Ferro Tech price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Impex Ferro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Impex Ferro Tech lagged returns against current returns
Autocorrelation, which is Impex Ferro 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 Impex Ferro's stock expected returns. We can calculate the autocorrelation of Impex Ferro returns to help us make a trade decision. For example, suppose you find that Impex Ferro 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 |
Impex Ferro 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 Impex Ferro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impex Ferro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impex Ferro stock over time.
Current vs Lagged Prices |
| Timeline |
Impex Ferro Lagged Returns
When evaluating Impex Ferro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impex Ferro stock have on its future price. Impex Ferro 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, Impex Ferro autocorrelation shows the relationship between Impex Ferro stock current value and its past values and can show if there is a momentum factor associated with investing in Impex Ferro Tech.
Regressed Prices |
| Timeline |
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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 Impex Stock
Impex Ferro financial ratios help investors to determine whether Impex 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 Impex with respect to the benefits of owning Impex Ferro security.