Intrasoft Technologies (India) Market Value
| ISFT Stock | 144.34 5.14 3.69% |
| Symbol | Intrasoft |
Intrasoft Technologies '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 Intrasoft Technologies' 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 Intrasoft Technologies.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Intrasoft Technologies on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Intrasoft Technologies Limited or generate 0.0% return on investment in Intrasoft Technologies over 720 days. Intrasoft Technologies is related to or competes with 21st Century, Sonata Software, Avonmore Capital, Agro Tech, Heritage Foods, Radiant Cash, and Apex Frozen. Intrasoft Technologies is entity of India More
Intrasoft Technologies 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 Intrasoft Technologies' 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 Intrasoft Technologies Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 18.81 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 3.94 |
Intrasoft Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intrasoft Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intrasoft Technologies' standard deviation. In reality, there are many statistical measures that can use Intrasoft Technologies historical prices to predict the future Intrasoft Technologies' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.2592 |
Intrasoft Technologies Backtested Returns
Intrasoft Technologies holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Intrasoft Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intrasoft Technologies' Market Risk Adjusted Performance of 0.2692, risk adjusted performance of (0.01), and Standard Deviation of 2.86 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Intrasoft Technologies are expected to decrease at a much lower rate. During the bear market, Intrasoft Technologies is likely to outperform the market. At this point, Intrasoft Technologies has a negative expected return of -0.34%. Please make sure to check out Intrasoft Technologies' value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Intrasoft Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Intrasoft Technologies Limited has virtually no predictability. Overlapping area represents the amount of predictability between Intrasoft Technologies time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Intrasoft Technologies price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Intrasoft Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 274.01 |
Intrasoft Technologies lagged returns against current returns
Autocorrelation, which is Intrasoft Technologies 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 Intrasoft Technologies' stock expected returns. We can calculate the autocorrelation of Intrasoft Technologies returns to help us make a trade decision. For example, suppose you find that Intrasoft Technologies 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 |
Intrasoft Technologies 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 Intrasoft Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intrasoft Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intrasoft Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Intrasoft Technologies Lagged Returns
When evaluating Intrasoft Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intrasoft Technologies stock have on its future price. Intrasoft Technologies 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, Intrasoft Technologies autocorrelation shows the relationship between Intrasoft Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Intrasoft Technologies Limited.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Intrasoft Stock Analysis
When running Intrasoft Technologies' price analysis, check to measure Intrasoft Technologies' 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 Intrasoft Technologies is operating at the current time. Most of Intrasoft Technologies' value examination focuses on studying past and present price action to predict the probability of Intrasoft Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intrasoft Technologies' price. Additionally, you may evaluate how the addition of Intrasoft Technologies to your portfolios can decrease your overall portfolio volatility.