Itv Plc Stock Market Value
| ITVPF Stock | USD 0.72 0.00 0.00% |
| Symbol | ITV |
ITV Plc '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 ITV Plc's pink sheet 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 ITV Plc.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in ITV Plc on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding ITV plc or generate 0.0% return on investment in ITV Plc over 720 days. ITV Plc is related to or competes with Beasley Broadcast, and RTL Group. ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide More
ITV Plc 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 ITV Plc's pink sheet 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 ITV plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.69 |
ITV Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ITV Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ITV Plc's standard deviation. In reality, there are many statistical measures that can use ITV Plc historical prices to predict the future ITV Plc's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.2812 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ITV Plc'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.
ITV plc Backtested Returns
ITV plc holds Efficiency (Sharpe) Ratio of -0.0796, which attests that the entity had a -0.0796% return per unit of volatility over the last 3 months. ITV plc exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ITV Plc's market risk adjusted performance of 0.2912, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ITV Plc are expected to decrease at a much lower rate. During the bear market, ITV Plc is likely to outperform the market. ITV plc has an expected return of -0.12%. Please make sure to check out ITV Plc risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if ITV plc performance from the past will be repeated at some future point.
Auto-correlation | -0.41 |
Modest reverse predictability
ITV plc has modest reverse predictability. Overlapping area represents the amount of predictability between ITV Plc time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th 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 ITV plc price movement. The serial correlation of -0.41 indicates that just about 41.0% of current ITV Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ITV plc lagged returns against current returns
Autocorrelation, which is ITV Plc pink sheet'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 ITV Plc's pink sheet expected returns. We can calculate the autocorrelation of ITV Plc returns to help us make a trade decision. For example, suppose you find that ITV Plc has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
ITV Plc 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 ITV Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ITV Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ITV Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ITV Plc Lagged Returns
When evaluating ITV Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ITV Plc pink sheet have on its future price. ITV Plc 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, ITV Plc autocorrelation shows the relationship between ITV Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ITV plc.
Regressed Prices |
| Timeline |
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Complementary Tools for ITV Pink Sheet analysis
When running ITV Plc's price analysis, check to measure ITV Plc'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 ITV Plc is operating at the current time. Most of ITV Plc's value examination focuses on studying past and present price action to predict the probability of ITV Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITV Plc's price. Additionally, you may evaluate how the addition of ITV Plc to your portfolios can decrease your overall portfolio volatility.
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ITV Plc technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.