International Development (Vietnam) Market Value
| IDI Stock | 8,650 220.00 2.48% |
| Symbol | International |
International Development '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 Development'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 Development.
| 05/21/2025 |
| 08/19/2025 |
If you would invest 0.00 in International Development on May 21, 2025 and sell it all today you would earn a total of 0.00 from holding International Development Investment or generate 0.0% return on investment in International Development over 90 days. International Development is related to or competes with Viet Thanh, Dong Nai, Materials Petroleum, Danang Rubber, Elcom Technology, Saigon Telecommunicatio, and Tien Phong. More
International Development 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 Development'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 Development Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | 0.1678 | |||
| Maximum Drawdown | 13.55 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 6.85 |
International Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Development's standard deviation. In reality, there are many statistical measures that can use International Development historical prices to predict the future International Development's volatility.| Risk Adjusted Performance | 0.1533 | |||
| Jensen Alpha | 0.5131 | |||
| Total Risk Alpha | 0.1977 | |||
| Sortino Ratio | 0.2069 | |||
| Treynor Ratio | 1.22 |
International Development Backtested Returns
International Development appears to be very steady, given 3 months investment horizon. International Development holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21 % return per unit of risk over the last 3 months. By evaluating International Development's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize International Development's Downside Deviation of 2.24, risk adjusted performance of 0.1533, and Market Risk Adjusted Performance of 1.23 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, International Development holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, International Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding International Development is expected to be smaller as well. Please check International Development's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether International Development's current trending patterns will revert.
Auto-correlation | 0.72 |
Good predictability
International Development Investment has good predictability. Overlapping area represents the amount of predictability between International Development time series from 21st of May 2025 to 5th of July 2025 and 5th of July 2025 to 19th of August 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 Development price movement. The serial correlation of 0.72 indicates that around 72.0% of current International Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 414 K |
International Development lagged returns against current returns
Autocorrelation, which is International Development 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 Development's stock expected returns. We can calculate the autocorrelation of International Development returns to help us make a trade decision. For example, suppose you find that International Development 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 Development 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 Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Development stock over time.
Current vs Lagged Prices |
| Timeline |
International Development Lagged Returns
When evaluating International Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Development stock have on its future price. International Development 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 Development autocorrelation shows the relationship between International Development stock current value and its past values and can show if there is a momentum factor associated with investing in International Development Investment.
Regressed Prices |
| Timeline |
Pair Trading with International Development
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Development position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Development will appreciate offsetting losses from the drop in the long position's value.Moving together with International Stock
| 0.82 | FIT | FIT INVEST JSC | PairCorr |
| 0.78 | ADS | Damsan JSC | PairCorr |
| 0.86 | AAA | An Phat Plastic | PairCorr |
| 0.85 | AME | Alphanam ME | PairCorr |
The ability to find closely correlated positions to International Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Development when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Development - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Development Investment to buy it.
The correlation of International Development is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Development moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for International Development can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in International Stock
International Development financial ratios help investors to determine whether International Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in International with respect to the benefits of owning International Development security.