Infinico Metals Corp Stock Market Value
| INFM Stock | 0.03 0.01 25.00% |
| Symbol | Infinico |
Infinico 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 Infinico Metals' 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 Infinico Metals.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Infinico Metals on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Infinico Metals Corp or generate 0.0% return on investment in Infinico Metals over 720 days. Infinico Metals is related to or competes with NeuPath Health, Atrium Mortgage, WELL Health, Canaf Investments, and Dream Office. Infinico Metals is entity of Canada. It is traded as Stock on V exchange. More
Infinico 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 Infinico Metals' 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 Infinico Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (16.67) |
Infinico Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Infinico Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Infinico Metals' standard deviation. In reality, there are many statistical measures that can use Infinico Metals historical prices to predict the future Infinico Metals' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (2.07) | |||
| Treynor Ratio | (4.43) |
Infinico Metals Corp Backtested Returns
Infinico Metals Corp holds Efficiency (Sharpe) Ratio of -0.0075, which attests that the entity had a -0.0075% return per unit of risk over the last 3 months. Infinico Metals Corp exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Infinico Metals' Market Risk Adjusted Performance of (4.42), standard deviation of 8.39, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Infinico Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Infinico Metals is expected to be smaller as well. At this point, Infinico Metals Corp has a negative expected return of -0.0521%. Please make sure to check out Infinico Metals' coefficient of variation, variance, jensen alpha, as well as the relationship between the standard deviation and information ratio , to decide if Infinico Metals Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Infinico Metals Corp has good reverse predictability. Overlapping area represents the amount of predictability between Infinico Metals time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Infinico Metals Corp price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Infinico Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Infinico Metals Corp lagged returns against current returns
Autocorrelation, which is Infinico Metals 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 Infinico Metals' stock expected returns. We can calculate the autocorrelation of Infinico Metals returns to help us make a trade decision. For example, suppose you find that Infinico Metals 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 |
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Infinico 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 Infinico Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Infinico Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Infinico Metals stock over time.
Current vs Lagged Prices |
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Infinico Metals Lagged Returns
When evaluating Infinico Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Infinico Metals stock have on its future price. Infinico 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, Infinico Metals autocorrelation shows the relationship between Infinico Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Infinico Metals Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Infinico Stock Analysis
When running Infinico Metals' price analysis, check to measure Infinico Metals' 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 Infinico Metals is operating at the current time. Most of Infinico Metals' value examination focuses on studying past and present price action to predict the probability of Infinico Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infinico Metals' price. Additionally, you may evaluate how the addition of Infinico Metals to your portfolios can decrease your overall portfolio volatility.