Inventronics Stock Market Value
| IVX Stock | CAD 0.54 0.00 0.00% |
| Symbol | Inventronics |
Inventronics Price To Book Ratio
Inventronics '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 Inventronics' 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 Inventronics.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Inventronics on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Inventronics or generate 0.0% return on investment in Inventronics over 90 days. Inventronics is related to or competes with Atlas Engineered, Fab Form, Imaflex, and Bri Chem. Inventronics Limited designs, manufactures, and sells metal enclosures and related products for telecommunication networ... More
Inventronics 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 Inventronics' 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 Inventronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 28.43 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 11.67 |
Inventronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inventronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inventronics' standard deviation. In reality, there are many statistical measures that can use Inventronics historical prices to predict the future Inventronics' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | 0.4376 | |||
| Treynor Ratio | 1.09 |
Inventronics Backtested Returns
At this stage we consider Inventronics Stock to be abnormally volatile. Inventronics holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found eighteen technical indicators for Inventronics, which you can use to evaluate the volatility of the firm. Please check out Inventronics' Standard Deviation of 4.9, risk adjusted performance of (0.06), and Market Risk Adjusted Performance of 1.1 to validate if the risk estimate we provide is consistent with the expected return of 0.0174%. The company retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Inventronics are expected to decrease at a much lower rate. During the bear market, Inventronics is likely to outperform the market. Inventronics right now retains a risk of 4.03%. Please check out Inventronics maximum drawdown and rate of daily change , to decide if Inventronics will be following its current trending patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Inventronics has insignificant reverse predictability. Overlapping area represents the amount of predictability between Inventronics time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Inventronics price movement. The serial correlation of -0.2 indicates that over 20.0% of current Inventronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inventronics lagged returns against current returns
Autocorrelation, which is Inventronics 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 Inventronics' stock expected returns. We can calculate the autocorrelation of Inventronics returns to help us make a trade decision. For example, suppose you find that Inventronics 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 |
Inventronics 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 Inventronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inventronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inventronics stock over time.
Current vs Lagged Prices |
| Timeline |
Inventronics Lagged Returns
When evaluating Inventronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inventronics stock have on its future price. Inventronics 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, Inventronics autocorrelation shows the relationship between Inventronics stock current value and its past values and can show if there is a momentum factor associated with investing in Inventronics.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Inventronics Stock Analysis
When running Inventronics' price analysis, check to measure Inventronics' 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 Inventronics is operating at the current time. Most of Inventronics' value examination focuses on studying past and present price action to predict the probability of Inventronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventronics' price. Additionally, you may evaluate how the addition of Inventronics to your portfolios can decrease your overall portfolio volatility.