Insuraguest Technologies Stock Market Value
| ISGI Stock | CAD 0.04 0.01 28.57% |
| Symbol | InsuraGuest |
InsuraGuest 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 InsuraGuest 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 InsuraGuest Technologies.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in InsuraGuest Technologies on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding InsuraGuest Technologies or generate 0.0% return on investment in InsuraGuest Technologies over 60 days. InsuraGuest Technologies is related to or competes with Plurilock Security. InsuraGuest Technologies Inc., a software-as-a service based company, provides digital insurance products More
InsuraGuest 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 InsuraGuest 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 InsuraGuest Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.91 | |||
| Information Ratio | 0.0989 | |||
| Maximum Drawdown | 125.0 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 42.86 |
InsuraGuest Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for InsuraGuest Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InsuraGuest Technologies' standard deviation. In reality, there are many statistical measures that can use InsuraGuest Technologies historical prices to predict the future InsuraGuest Technologies' volatility.| Risk Adjusted Performance | 0.0907 | |||
| Jensen Alpha | 2.07 | |||
| Total Risk Alpha | 1.84 | |||
| Sortino Ratio | 0.0987 | |||
| Treynor Ratio | 0.2547 |
InsuraGuest Technologies Backtested Returns
InsuraGuest Technologies is out of control given 3 months investment horizon. InsuraGuest Technologies holds Efficiency (Sharpe) Ratio of 0.0999, which attests that the entity had a 0.0999% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.19% are justified by taking the suggested risk. Use InsuraGuest Technologies Downside Deviation of 21.91, risk adjusted performance of 0.0907, and Market Risk Adjusted Performance of 0.2647 to evaluate company specific risk that cannot be diversified away. InsuraGuest Technologies holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 8.54, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, InsuraGuest Technologies will likely underperform. Use InsuraGuest Technologies total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on InsuraGuest Technologies.
Auto-correlation | 0.18 |
Very weak predictability
InsuraGuest Technologies has very weak predictability. Overlapping area represents the amount of predictability between InsuraGuest Technologies time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 InsuraGuest Technologies price movement. The serial correlation of 0.18 indicates that over 18.0% of current InsuraGuest Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
InsuraGuest Technologies lagged returns against current returns
Autocorrelation, which is InsuraGuest 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 InsuraGuest Technologies' stock expected returns. We can calculate the autocorrelation of InsuraGuest Technologies returns to help us make a trade decision. For example, suppose you find that InsuraGuest 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 |
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InsuraGuest 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 InsuraGuest Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InsuraGuest Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InsuraGuest Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
InsuraGuest Technologies Lagged Returns
When evaluating InsuraGuest Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InsuraGuest Technologies stock have on its future price. InsuraGuest 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, InsuraGuest Technologies autocorrelation shows the relationship between InsuraGuest Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in InsuraGuest Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for InsuraGuest Stock Analysis
When running InsuraGuest Technologies' price analysis, check to measure InsuraGuest 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 InsuraGuest Technologies is operating at the current time. Most of InsuraGuest Technologies' value examination focuses on studying past and present price action to predict the probability of InsuraGuest Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InsuraGuest Technologies' price. Additionally, you may evaluate how the addition of InsuraGuest Technologies to your portfolios can decrease your overall portfolio volatility.