Infinity Pharmaceuticals Stock Market Value
| INFIQ Stock | 0.0001 0.00 0.00% |
| Symbol | Infinity |
Infinity Pharmaceuticals Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Infinity Pharmaceuticals. If investors know Infinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Infinity Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.46) | Revenue Per Share 0.029 | Quarterly Revenue Growth (0.15) | Return On Assets (0.61) |
The market value of Infinity Pharmaceuticals is measured differently than its book value, which is the value of Infinity that is recorded on the company's balance sheet. Investors also form their own opinion of Infinity Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Infinity Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Infinity Pharmaceuticals' market value can be influenced by many factors that don't directly affect Infinity Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Infinity Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Infinity Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Infinity Pharmaceuticals' 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.
Infinity Pharmaceuticals '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 Infinity Pharmaceuticals' 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 Infinity Pharmaceuticals.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Infinity Pharmaceuticals on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Infinity Pharmaceuticals or generate 0.0% return on investment in Infinity Pharmaceuticals over 60 days. Infinity Pharmaceuticals is related to or competes with Flexible Solutions, Old Republic, Guangdong Investment, Olympic Steel, Chemours, and Highway Holdings. Infinity Pharmaceuticals is entity of United States More
Infinity Pharmaceuticals 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 Infinity Pharmaceuticals' 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 Infinity Pharmaceuticals upside and downside potential and time the market with a certain degree of confidence.
Infinity Pharmaceuticals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Infinity Pharmaceuticals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Infinity Pharmaceuticals' standard deviation. In reality, there are many statistical measures that can use Infinity Pharmaceuticals historical prices to predict the future Infinity Pharmaceuticals' volatility.Infinity Pharmaceuticals Backtested Returns
We have found three technical indicators for Infinity Pharmaceuticals, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Infinity Pharmaceuticals are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Infinity Pharmaceuticals has perfect predictability. Overlapping area represents the amount of predictability between Infinity Pharmaceuticals time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 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 Infinity Pharmaceuticals price movement. The serial correlation of 1.0 indicates that 100.0% of current Infinity Pharmaceuticals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Infinity Pharmaceuticals lagged returns against current returns
Autocorrelation, which is Infinity Pharmaceuticals 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 Infinity Pharmaceuticals' stock expected returns. We can calculate the autocorrelation of Infinity Pharmaceuticals returns to help us make a trade decision. For example, suppose you find that Infinity Pharmaceuticals 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 |
Infinity Pharmaceuticals 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 Infinity Pharmaceuticals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Infinity Pharmaceuticals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Infinity Pharmaceuticals stock over time.
Current vs Lagged Prices |
| Timeline |
Infinity Pharmaceuticals Lagged Returns
When evaluating Infinity Pharmaceuticals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Infinity Pharmaceuticals stock have on its future price. Infinity Pharmaceuticals 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, Infinity Pharmaceuticals autocorrelation shows the relationship between Infinity Pharmaceuticals stock current value and its past values and can show if there is a momentum factor associated with investing in Infinity Pharmaceuticals.
Regressed Prices |
| Timeline |
Pair Trading with Infinity Pharmaceuticals
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 Infinity Pharmaceuticals 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 Infinity Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Infinity Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Infinity Pharmaceuticals 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 Infinity Pharmaceuticals - 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 Infinity Pharmaceuticals to buy it.
The correlation of Infinity Pharmaceuticals 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 Infinity Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Infinity Pharmaceuticals 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 Infinity Pharmaceuticals 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.Additional Tools for Infinity Stock Analysis
When running Infinity Pharmaceuticals' price analysis, check to measure Infinity Pharmaceuticals' 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 Infinity Pharmaceuticals is operating at the current time. Most of Infinity Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Infinity Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infinity Pharmaceuticals' price. Additionally, you may evaluate how the addition of Infinity Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.