Ibc Advanced Alloys Stock Market Value
| IB Stock | CAD 0.1 0.01 5.56% |
| Symbol | IBC |
IBC Advanced Alloys Price To Book Ratio
IBC Advanced '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 IBC Advanced'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 IBC Advanced.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in IBC Advanced on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding IBC Advanced Alloys or generate 0.0% return on investment in IBC Advanced over 30 days. IBC Advanced is related to or competes with Ucore Rare, Commerce Resources, and Focus Graphite. IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in North America, Europe, and Asia More
IBC Advanced 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 IBC Advanced'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 IBC Advanced Alloys upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.72 | |||
| Information Ratio | 0.1343 | |||
| Maximum Drawdown | 67.27 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 16.67 |
IBC Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IBC Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IBC Advanced's standard deviation. In reality, there are many statistical measures that can use IBC Advanced historical prices to predict the future IBC Advanced's volatility.| Risk Adjusted Performance | 0.0977 | |||
| Jensen Alpha | 1.24 | |||
| Total Risk Alpha | 0.6208 | |||
| Sortino Ratio | 0.0791 | |||
| Treynor Ratio | 1.11 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IBC Advanced's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
IBC Advanced Alloys Backtested Returns
IBC Advanced is out of control given 3 months investment horizon. IBC Advanced Alloys retains Efficiency (Sharpe Ratio) of 0.15, which attests that the company had a 0.15% return per unit of return volatility over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.45% are justified by taking the suggested risk. Use IBC Advanced Alloys Downside Deviation of 15.72, semi deviation of 5.6, and Market Risk Adjusted Performance of 1.12 to evaluate company specific risk that cannot be diversified away. IBC Advanced holds a performance score of 11 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 1.16, 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, IBC Advanced will likely underperform. Use IBC Advanced Alloys treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to analyze future returns on IBC Advanced Alloys.
Auto-correlation | -0.15 |
Insignificant reverse predictability
IBC Advanced Alloys has insignificant reverse predictability. Overlapping area represents the amount of predictability between IBC Advanced time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th of April 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 IBC Advanced Alloys price movement. The serial correlation of -0.15 indicates that less than 15.0% of current IBC Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
IBC Advanced Alloys lagged returns against current returns
Autocorrelation, which is IBC Advanced 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 IBC Advanced's stock expected returns. We can calculate the autocorrelation of IBC Advanced returns to help us make a trade decision. For example, suppose you find that IBC Advanced 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 |
IBC Advanced 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 IBC Advanced stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IBC Advanced stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IBC Advanced stock over time.
Current vs Lagged Prices |
| Timeline |
IBC Advanced Lagged Returns
When evaluating IBC Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IBC Advanced stock have on its future price. IBC Advanced 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, IBC Advanced autocorrelation shows the relationship between IBC Advanced stock current value and its past values and can show if there is a momentum factor associated with investing in IBC Advanced Alloys.
Regressed Prices |
| Timeline |
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When running IBC Advanced's price analysis, check to measure IBC Advanced's 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 IBC Advanced is operating at the current time. Most of IBC Advanced's value examination focuses on studying past and present price action to predict the probability of IBC Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBC Advanced's price. Additionally, you may evaluate how the addition of IBC Advanced to your portfolios can decrease your overall portfolio volatility.
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