Intrepid Metals Corp Stock Market Value
| IMTCF Stock | 0.39 0.02 4.88% |
| Symbol | Intrepid |
Intrepid Metals '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 Intrepid Metals' otc 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 Intrepid Metals.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Intrepid Metals on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Intrepid Metals Corp or generate 0.0% return on investment in Intrepid Metals over 90 days.
Intrepid Metals 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 Intrepid Metals' otc 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 Intrepid Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.6 | |||
| Information Ratio | 0.1751 | |||
| Maximum Drawdown | 27.38 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 10.0 |
Intrepid Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intrepid Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intrepid Metals' standard deviation. In reality, there are many statistical measures that can use Intrepid Metals historical prices to predict the future Intrepid Metals' volatility.| Risk Adjusted Performance | 0.1362 | |||
| Jensen Alpha | 0.7779 | |||
| Total Risk Alpha | 1.77 | |||
| Sortino Ratio | 0.1476 | |||
| Treynor Ratio | (2.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intrepid Metals' 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.
Intrepid Metals Corp Backtested Returns
Intrepid Metals Corp holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16 % return per unit of risk over the last 3 months. By evaluating Intrepid Metals' technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Intrepid Metals' Risk Adjusted Performance of 0.1362, market risk adjusted performance of (2.17), and Downside Deviation of 6.6 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Intrepid Metals holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Intrepid Metals are expected to decrease at a much lower rate. During the bear market, Intrepid Metals is likely to outperform the market. Please check Intrepid Metals' maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether Intrepid Metals' current trending patterns will revert.
Auto-correlation | 0.44 |
Average predictability
Intrepid Metals Corp has average predictability. Overlapping area represents the amount of predictability between Intrepid Metals time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Intrepid Metals Corp price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Intrepid Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Intrepid Metals Corp lagged returns against current returns
Autocorrelation, which is Intrepid Metals otc 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 Intrepid Metals' otc stock expected returns. We can calculate the autocorrelation of Intrepid Metals returns to help us make a trade decision. For example, suppose you find that Intrepid Metals has exhibited high autocorrelation historically, and you observe that the otc 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 |
Intrepid Metals 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 Intrepid Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intrepid Metals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intrepid Metals otc stock over time.
Current vs Lagged Prices |
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Intrepid Metals Lagged Returns
When evaluating Intrepid Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intrepid Metals otc stock have on its future price. Intrepid Metals 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, Intrepid Metals autocorrelation shows the relationship between Intrepid Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Intrepid Metals Corp.
Regressed Prices |
| Timeline |