IdeaForge Technology (India) Market Value
| IDEAFORGE | 471.80 14.65 3.01% |
| Symbol | IdeaForge |
IdeaForge Technology '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 IdeaForge Technology'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 IdeaForge Technology.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in IdeaForge Technology on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding ideaForge Technology Limited or generate 0.0% return on investment in IdeaForge Technology over 90 days. IdeaForge Technology is related to or competes with Varun Beverages, Mangalore Chemicals, Indo Rama, Bodal Chemicals, Hindustan Foods, Apex Frozen, and Pondy Oxides. IdeaForge Technology is entity of India. It is traded as Stock on NSE exchange. More
IdeaForge Technology 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 IdeaForge Technology'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 ideaForge Technology Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.86 | |||
| Information Ratio | 0.0512 | |||
| Maximum Drawdown | 28.08 | |||
| Value At Risk | (5.07) | |||
| Potential Upside | 7.88 |
IdeaForge Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IdeaForge Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IdeaForge Technology's standard deviation. In reality, there are many statistical measures that can use IdeaForge Technology historical prices to predict the future IdeaForge Technology's volatility.| Risk Adjusted Performance | 0.0854 | |||
| Jensen Alpha | 0.5181 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0776 | |||
| Treynor Ratio | (0.86) |
ideaForge Technology Backtested Returns
IdeaForge Technology appears to be very steady, given 3 months investment horizon. ideaForge Technology holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ideaForge Technology, which you can use to evaluate the volatility of the firm. Please utilize IdeaForge Technology's Downside Deviation of 2.86, market risk adjusted performance of (0.85), and Risk Adjusted Performance of 0.0854 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IdeaForge Technology holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IdeaForge Technology are expected to decrease at a much lower rate. During the bear market, IdeaForge Technology is likely to outperform the market. Please check IdeaForge Technology's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether IdeaForge Technology's current trending patterns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
ideaForge Technology Limited has modest reverse predictability. Overlapping area represents the amount of predictability between IdeaForge Technology time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th of July 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 ideaForge Technology price movement. The serial correlation of -0.47 indicates that about 47.0% of current IdeaForge Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 1401.46 |
ideaForge Technology lagged returns against current returns
Autocorrelation, which is IdeaForge Technology 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 IdeaForge Technology's stock expected returns. We can calculate the autocorrelation of IdeaForge Technology returns to help us make a trade decision. For example, suppose you find that IdeaForge Technology 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 |
IdeaForge Technology 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 IdeaForge Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IdeaForge Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IdeaForge Technology stock over time.
Current vs Lagged Prices |
| Timeline |
IdeaForge Technology Lagged Returns
When evaluating IdeaForge Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IdeaForge Technology stock have on its future price. IdeaForge Technology 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, IdeaForge Technology autocorrelation shows the relationship between IdeaForge Technology stock current value and its past values and can show if there is a momentum factor associated with investing in ideaForge Technology Limited.
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.Additional Tools for IdeaForge Stock Analysis
When running IdeaForge Technology's price analysis, check to measure IdeaForge Technology'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 IdeaForge Technology is operating at the current time. Most of IdeaForge Technology's value examination focuses on studying past and present price action to predict the probability of IdeaForge Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IdeaForge Technology's price. Additionally, you may evaluate how the addition of IdeaForge Technology to your portfolios can decrease your overall portfolio volatility.