INTERSHOP Communications (Germany) Market Value
| ISHA Stock | 1.95 0.02 1.04% |
| Symbol | INTERSHOP |
INTERSHOP Communications '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 INTERSHOP Communications' 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 INTERSHOP Communications.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in INTERSHOP Communications on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding INTERSHOP Communications Aktiengesellschaft or generate 0.0% return on investment in INTERSHOP Communications over 30 days. INTERSHOP Communications is related to or competes with S A P, Workiva, and Fastly. More
INTERSHOP Communications 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 INTERSHOP Communications' 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 INTERSHOP Communications Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.85 | |||
| Information Ratio | 0.035 | |||
| Maximum Drawdown | 12.64 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 4.22 |
INTERSHOP Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INTERSHOP Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INTERSHOP Communications' standard deviation. In reality, there are many statistical measures that can use INTERSHOP Communications historical prices to predict the future INTERSHOP Communications' volatility.| Risk Adjusted Performance | 0.073 | |||
| Jensen Alpha | 0.1981 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.03 | |||
| Treynor Ratio | 8.1 |
INTERSHOP Communications Backtested Returns
At this point, INTERSHOP Communications is risky. INTERSHOP Communications holds Efficiency (Sharpe) Ratio of 0.0699, which attests that the entity had a 0.0699% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for INTERSHOP Communications, which you can use to evaluate the volatility of the firm. Please check out INTERSHOP Communications' risk adjusted performance of 0.073, and Market Risk Adjusted Performance of 8.11 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. INTERSHOP Communications has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0248, which attests to not very significant fluctuations relative to the market. As returns on the market increase, INTERSHOP Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding INTERSHOP Communications is expected to be smaller as well. INTERSHOP Communications currently retains a risk of 2.47%. Please check out INTERSHOP Communications maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if INTERSHOP Communications will be following its current trending patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
INTERSHOP Communications Aktiengesellschaft has insignificant reverse predictability. Overlapping area represents the amount of predictability between INTERSHOP Communications time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 INTERSHOP Communications price movement. The serial correlation of -0.17 indicates that over 17.0% of current INTERSHOP Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
INTERSHOP Communications lagged returns against current returns
Autocorrelation, which is INTERSHOP Communications 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 INTERSHOP Communications' stock expected returns. We can calculate the autocorrelation of INTERSHOP Communications returns to help us make a trade decision. For example, suppose you find that INTERSHOP Communications 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 |
INTERSHOP Communications 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 INTERSHOP Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INTERSHOP Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INTERSHOP Communications stock over time.
Current vs Lagged Prices |
| Timeline |
INTERSHOP Communications Lagged Returns
When evaluating INTERSHOP Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INTERSHOP Communications stock have on its future price. INTERSHOP Communications 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, INTERSHOP Communications autocorrelation shows the relationship between INTERSHOP Communications stock current value and its past values and can show if there is a momentum factor associated with investing in INTERSHOP Communications Aktiengesellschaft.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in INTERSHOP Stock
INTERSHOP Communications financial ratios help investors to determine whether INTERSHOP 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 INTERSHOP with respect to the benefits of owning INTERSHOP Communications security.