Incitec Pivot's market value is the price at which a share of Incitec Pivot trades on a public exchange. It measures the collective expectations of Incitec Pivot Ltd investors about its performance. Incitec Pivot is trading at 1.98 as of the 1st of January 2025; that is 2.59% increase since the beginning of the trading day. The stock's open price was 1.93. With this module, you can estimate the performance of a buy and hold strategy of Incitec Pivot Ltd and determine expected loss or profit from investing in Incitec Pivot over a given investment horizon. Check out Incitec Pivot Correlation, Incitec Pivot Volatility and Incitec Pivot Alpha and Beta module to complement your research on Incitec Pivot.
Please note, there is a significant difference between Incitec Pivot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Incitec Pivot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incitec Pivot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Incitec Pivot '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 Incitec Pivot's pink sheet 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 Incitec Pivot.
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12/08/2023
No Change 0.00
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In 1 year and 25 days
01/01/2025
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If you would invest 0.00 in Incitec Pivot on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Incitec Pivot Ltd or generate 0.0% return on investment in Incitec Pivot over 390 days. Incitec Pivot is related to or competes with Sherwin Williams, Air Liquide, LAir Liquide, Ecolab, Air Products, Dupont De, and PPG Industries. Incitec Pivot Limited manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Austr... More
Incitec Pivot 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 Incitec Pivot's pink sheet 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 Incitec Pivot Ltd upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Incitec Pivot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Incitec Pivot's standard deviation. In reality, there are many statistical measures that can use Incitec Pivot historical prices to predict the future Incitec Pivot's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Incitec Pivot. Your research has to be compared to or analyzed against Incitec Pivot's peers to derive any actionable benefits. When done correctly, Incitec Pivot's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Incitec Pivot.
Incitec Pivot Backtested Returns
At this stage we consider Incitec Pink Sheet to be very risky. Incitec Pivot holds Efficiency (Sharpe) Ratio of 0.0168, which attests that the entity had a 0.0168% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Incitec Pivot, which you can use to evaluate the volatility of the firm. Please check out Incitec Pivot's Market Risk Adjusted Performance of 0.1884, standard deviation of 3.9, and Risk Adjusted Performance of (0.02) to validate if the risk estimate we provide is consistent with the expected return of 0.0647%. Incitec Pivot has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Incitec Pivot are expected to decrease at a much lower rate. During the bear market, Incitec Pivot is likely to outperform the market. Incitec Pivot right now retains a risk of 3.86%. Please check out Incitec Pivot total risk alpha, as well as the relationship between the daily balance of power and relative strength index , to decide if Incitec Pivot will be following its current trending patterns.
Auto-correlation
0.23
Weak predictability
Incitec Pivot Ltd has weak predictability. Overlapping area represents the amount of predictability between Incitec Pivot time series from 8th of December 2023 to 20th of June 2024 and 20th of June 2024 to 1st of January 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 Incitec Pivot price movement. The serial correlation of 0.23 indicates that over 23.0% of current Incitec Pivot price fluctuation can be explain by its past prices.
Correlation Coefficient
0.23
Spearman Rank Test
0.24
Residual Average
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Price Variance
0.01
Incitec Pivot lagged returns against current returns
Autocorrelation, which is Incitec Pivot pink sheet'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 Incitec Pivot's pink sheet expected returns. We can calculate the autocorrelation of Incitec Pivot returns to help us make a trade decision. For example, suppose you find that Incitec Pivot has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Incitec Pivot 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 Incitec Pivot pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Incitec Pivot pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Incitec Pivot pink sheet over time.
Current vs Lagged Prices
Timeline
Incitec Pivot Lagged Returns
When evaluating Incitec Pivot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Incitec Pivot pink sheet have on its future price. Incitec Pivot 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, Incitec Pivot autocorrelation shows the relationship between Incitec Pivot pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Incitec Pivot Ltd.
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.
When running Incitec Pivot's price analysis, check to measure Incitec Pivot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Incitec Pivot is operating at the current time. Most of Incitec Pivot's value examination focuses on studying past and present price action to predict the probability of Incitec Pivot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Incitec Pivot's price. Additionally, you may evaluate how the addition of Incitec Pivot to your portfolios can decrease your overall portfolio volatility.