Iofina Plc Stock Market Value
| IOFNF Stock | USD 0.29 0.03 11.54% |
| Symbol | Iofina |
Iofina Plc '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 Iofina Plc'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 Iofina Plc.
| 01/18/2025 |
| 02/17/2025 |
If you would invest 0.00 in Iofina Plc on January 18, 2025 and sell it all today you would earn a total of 0.00 from holding Iofina plc or generate 0.0% return on investment in Iofina Plc over 30 days. Iofina Plc is related to or competes with Greystone Logistics, Crown Electrokinetics, Orica, Graphene Manufacturing, Nano One, Gevo, and Orica. Iofina plc engages in the exploration and production of iodine, iodine specialty chemical derivatives, produced water, a... More
Iofina Plc 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 Iofina Plc'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 Iofina plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0549 | |||
| Maximum Drawdown | 50.31 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.0 |
Iofina Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iofina Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iofina Plc's standard deviation. In reality, there are many statistical measures that can use Iofina Plc historical prices to predict the future Iofina Plc's volatility.| Risk Adjusted Performance | 0.049 | |||
| Jensen Alpha | 0.3601 | |||
| Total Risk Alpha | 0.3503 | |||
| Treynor Ratio | 0.8994 |
Iofina plc Backtested Returns
Iofina Plc appears to be out of control, given 3 months investment horizon. Iofina plc holds Efficiency (Sharpe) Ratio of 0.0593, which attests that the entity had a 0.0593 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Iofina plc, which you can use to evaluate the volatility of the firm. Please utilize Iofina Plc's Market Risk Adjusted Performance of 0.9094, standard deviation of 6.55, and Risk Adjusted Performance of 0.049 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Iofina Plc holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Iofina Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Iofina Plc is expected to be smaller as well. Please check Iofina Plc's jensen alpha and the relationship between the potential upside and period momentum indicator , to make a quick decision on whether Iofina Plc's current trending patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Iofina plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Iofina Plc time series from 18th of January 2025 to 2nd of February 2025 and 2nd of February 2025 to 17th of February 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 Iofina plc price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Iofina Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Iofina plc lagged returns against current returns
Autocorrelation, which is Iofina Plc 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 Iofina Plc's pink sheet expected returns. We can calculate the autocorrelation of Iofina Plc returns to help us make a trade decision. For example, suppose you find that Iofina Plc 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 |
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Iofina Plc 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 Iofina Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iofina Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iofina Plc pink sheet over time.
Current vs Lagged Prices |
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Iofina Plc Lagged Returns
When evaluating Iofina Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iofina Plc pink sheet have on its future price. Iofina Plc 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, Iofina Plc autocorrelation shows the relationship between Iofina Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Iofina plc.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Iofina Pink Sheet
Iofina Plc financial ratios help investors to determine whether Iofina Pink Sheet 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 Iofina with respect to the benefits of owning Iofina Plc security.