Indexa Capital's market value is the price at which a share of Indexa Capital trades on a public exchange. It measures the collective expectations of Indexa Capital Group, investors about its performance. Indexa Capital is selling at 8.65 as of the 15th of December 2024; that is 0.58% up since the beginning of the trading day. The stock's lowest day price was 8.65. With this module, you can estimate the performance of a buy and hold strategy of Indexa Capital Group, and determine expected loss or profit from investing in Indexa Capital over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Indexa
Indexa Capital '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 Indexa Capital'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 Indexa Capital.
0.00
11/15/2024
No Change 0.00
0.0
In 30 days
12/15/2024
0.00
If you would invest 0.00 in Indexa Capital on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Indexa Capital Group, or generate 0.0% return on investment in Indexa Capital over 30 days.
Indexa Capital 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 Indexa Capital'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 Indexa Capital Group, 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 Indexa Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indexa Capital's standard deviation. In reality, there are many statistical measures that can use Indexa Capital historical prices to predict the future Indexa Capital's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Indexa Capital. Your research has to be compared to or analyzed against Indexa Capital's peers to derive any actionable benefits. When done correctly, Indexa Capital'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 Indexa Capital Group,.
Indexa Capital Group, Backtested Returns
Indexa Capital Group, holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Indexa Capital Group, exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indexa Capital's Market Risk Adjusted Performance of 5.64, risk adjusted performance of (0.13), and Standard Deviation of 2.88 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Indexa Capital are expected to decrease at a much lower rate. During the bear market, Indexa Capital is likely to outperform the market. At this point, Indexa Capital Group, has a negative expected return of -0.56%. Please make sure to check out Indexa Capital's skewness, and the relationship between the information ratio and rate of daily change , to decide if Indexa Capital Group, performance from the past will be repeated at some point in the near future.
Auto-correlation
0.15
Insignificant predictability
Indexa Capital Group, has insignificant predictability. Overlapping area represents the amount of predictability between Indexa Capital time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Indexa Capital Group, price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Indexa Capital price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
0.1
Residual Average
0.0
Price Variance
0.0
Indexa Capital Group, lagged returns against current returns
Autocorrelation, which is Indexa Capital 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 Indexa Capital's stock expected returns. We can calculate the autocorrelation of Indexa Capital returns to help us make a trade decision. For example, suppose you find that Indexa Capital 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
Indexa Capital 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 Indexa Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indexa Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indexa Capital stock over time.
Current vs Lagged Prices
Timeline
Indexa Capital Lagged Returns
When evaluating Indexa Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indexa Capital stock have on its future price. Indexa Capital 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, Indexa Capital autocorrelation shows the relationship between Indexa Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Indexa Capital Group,.
Regressed Prices
Timeline
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