International Network (Thailand) Market Value
| ITNS Stock | 1.46 0.02 1.35% |
| Symbol | International |
International Network '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 International Network'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 International Network.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in International Network on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding International Network System or generate 0.0% return on investment in International Network over 90 days.
International Network 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 International Network'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 International Network System upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.93 | |||
| Information Ratio | 0.1094 | |||
| Maximum Drawdown | 19.57 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 4.93 |
International Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Network's standard deviation. In reality, there are many statistical measures that can use International Network historical prices to predict the future International Network's volatility.| Risk Adjusted Performance | 0.0703 | |||
| Jensen Alpha | 0.2769 | |||
| Total Risk Alpha | 0.773 | |||
| Sortino Ratio | 0.1282 | |||
| Treynor Ratio | 1.15 |
International Network Backtested Returns
International Network appears to be dangerous, given 3 months investment horizon. International Network holds Efficiency (Sharpe) Ratio of 0.0754, which attests that the entity had a 0.0754 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for International Network, which you can use to evaluate the volatility of the firm. Please utilize International Network's Risk Adjusted Performance of 0.0703, downside deviation of 2.93, and Market Risk Adjusted Performance of 1.16 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, International Network holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, International Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding International Network is expected to be smaller as well. Please check International Network's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether International Network's current trending patterns will revert.
Auto-correlation | -0.88 |
Excellent reverse predictability
International Network System has excellent reverse predictability. Overlapping area represents the amount of predictability between International Network time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 International Network price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current International Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
International Network lagged returns against current returns
Autocorrelation, which is International Network 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 International Network's stock expected returns. We can calculate the autocorrelation of International Network returns to help us make a trade decision. For example, suppose you find that International Network 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 |
International Network 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 International Network stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Network stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Network stock over time.
Current vs Lagged Prices |
| Timeline |
International Network Lagged Returns
When evaluating International Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Network stock have on its future price. International Network 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, International Network autocorrelation shows the relationship between International Network stock current value and its past values and can show if there is a momentum factor associated with investing in International Network System.
Regressed Prices |
| Timeline |
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