Inocycle Technology (Indonesia) Market Value
| INOV Stock | 87.00 1.00 1.14% |
| Symbol | Inocycle |
Inocycle Technology '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 Inocycle Technology'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 Inocycle Technology.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Inocycle Technology on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Inocycle Technology Tbk or generate 0.0% return on investment in Inocycle Technology over 90 days. Inocycle Technology is related to or competes with MNC Vision, Hartadinata Abadi, Kencana Energi, Bali Bintang, and Sinergi Inti. More
Inocycle Technology 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 Inocycle Technology'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 Inocycle Technology Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.44 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 3.45 |
Inocycle Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inocycle Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inocycle Technology's standard deviation. In reality, there are many statistical measures that can use Inocycle Technology historical prices to predict the future Inocycle Technology's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | 0.0753 | |||
| Treynor Ratio | 0.4807 |
Inocycle Technology Tbk Backtested Returns
Inocycle Technology Tbk holds Efficiency (Sharpe) Ratio of -0.078, which attests that the entity had a -0.078 % return per unit of risk over the last 3 months. Inocycle Technology Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inocycle Technology's Risk Adjusted Performance of (0.07), standard deviation of 2.28, and Market Risk Adjusted Performance of 0.4907 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Inocycle Technology are expected to decrease at a much lower rate. During the bear market, Inocycle Technology is likely to outperform the market. At this point, Inocycle Technology Tbk has a negative expected return of -0.18%. Please make sure to check out Inocycle Technology's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Inocycle Technology Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Inocycle Technology Tbk has poor reverse predictability. Overlapping area represents the amount of predictability between Inocycle Technology time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Inocycle Technology Tbk price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Inocycle Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 8.34 |
Inocycle Technology Tbk lagged returns against current returns
Autocorrelation, which is Inocycle Technology 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 Inocycle Technology's stock expected returns. We can calculate the autocorrelation of Inocycle Technology returns to help us make a trade decision. For example, suppose you find that Inocycle Technology 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 |
Inocycle Technology 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 Inocycle Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inocycle Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inocycle Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Inocycle Technology Lagged Returns
When evaluating Inocycle Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inocycle Technology stock have on its future price. Inocycle Technology 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, Inocycle Technology autocorrelation shows the relationship between Inocycle Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Inocycle Technology Tbk.
Regressed Prices |
| Timeline |
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Inocycle Technology financial ratios help investors to determine whether Inocycle Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Inocycle with respect to the benefits of owning Inocycle Technology security.