Intersport Polska (Poland) Market Value
| IPO Stock | 0.39 0.01 2.50% |
| Symbol | Intersport |
Intersport Polska '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 Intersport Polska'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 Intersport Polska.
| 12/21/2024 |
| 03/21/2025 |
If you would invest 0.00 in Intersport Polska on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Intersport Polska SA or generate 0.0% return on investment in Intersport Polska over 90 days. Intersport Polska is related to or competes with Quantum Software, X Trade, Globe Trade, Echo Investment, and Monnari Trade. More
Intersport Polska 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 Intersport Polska'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 Intersport Polska SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 32.95 | |||
| Value At Risk | (8.89) | |||
| Potential Upside | 8.77 |
Intersport Polska Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intersport Polska's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intersport Polska's standard deviation. In reality, there are many statistical measures that can use Intersport Polska historical prices to predict the future Intersport Polska's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (2.74) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intersport Polska's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intersport Polska Backtested Returns
Intersport Polska holds Efficiency (Sharpe) Ratio of -0.0502, which attests that the entity had a -0.0502 % return per unit of risk over the last 3 months. Intersport Polska exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intersport Polska's Standard Deviation of 6.25, market risk adjusted performance of (2.73), and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Intersport Polska's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intersport Polska is expected to be smaller as well. At this point, Intersport Polska has a negative expected return of -0.28%. Please make sure to check out Intersport Polska's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Intersport Polska performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Intersport Polska SA has weak reverse predictability. Overlapping area represents the amount of predictability between Intersport Polska time series from 21st of December 2024 to 4th of February 2025 and 4th of February 2025 to 21st 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 Intersport Polska price movement. The serial correlation of -0.22 indicates that over 22.0% of current Intersport Polska price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Intersport Polska lagged returns against current returns
Autocorrelation, which is Intersport Polska 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 Intersport Polska's stock expected returns. We can calculate the autocorrelation of Intersport Polska returns to help us make a trade decision. For example, suppose you find that Intersport Polska 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 |
Intersport Polska 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 Intersport Polska stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intersport Polska stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intersport Polska stock over time.
Current vs Lagged Prices |
| Timeline |
Intersport Polska Lagged Returns
When evaluating Intersport Polska's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intersport Polska stock have on its future price. Intersport Polska 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, Intersport Polska autocorrelation shows the relationship between Intersport Polska stock current value and its past values and can show if there is a momentum factor associated with investing in Intersport Polska SA.
Regressed Prices |
| Timeline |
Pair Trading with Intersport Polska
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 Intersport Polska 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 Intersport Polska will appreciate offsetting losses from the drop in the long position's value.Moving against Intersport Stock
| 0.85 | UCG | UniCredit SpA | PairCorr |
| 0.68 | KOM | Komputronik SA | PairCorr |
| 0.68 | ALL | Ailleron SA | PairCorr |
| 0.51 | ATT | Grupa Azoty SA | PairCorr |
| 0.5 | 06N | Magna Polonia SA | PairCorr |
The ability to find closely correlated positions to Intersport Polska could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intersport Polska 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 Intersport Polska - 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 Intersport Polska SA to buy it.
The correlation of Intersport Polska 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 Intersport Polska moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intersport Polska 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 Intersport Polska 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 Intersport Stock Analysis
When running Intersport Polska's price analysis, check to measure Intersport Polska's 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 Intersport Polska is operating at the current time. Most of Intersport Polska's value examination focuses on studying past and present price action to predict the probability of Intersport Polska's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intersport Polska's price. Additionally, you may evaluate how the addition of Intersport Polska to your portfolios can decrease your overall portfolio volatility.