Inari Amertron (Malaysia) Market Value

0166 Stock   3.03  0.06  1.94%   
Inari Amertron's market value is the price at which a share of Inari Amertron trades on a public exchange. It measures the collective expectations of Inari Amertron Bhd investors about its performance. Inari Amertron is selling for 3.03 as of the 23rd of December 2024. This is a 1.94 percent decrease since the beginning of the trading day. The stock's lowest day price was 3.03.
With this module, you can estimate the performance of a buy and hold strategy of Inari Amertron Bhd and determine expected loss or profit from investing in Inari Amertron over a given investment horizon. Check out Inari Amertron Correlation, Inari Amertron Volatility and Inari Amertron Alpha and Beta module to complement your research on Inari Amertron.
Symbol

Please note, there is a significant difference between Inari Amertron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inari Amertron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inari Amertron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Inari Amertron '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 Inari Amertron'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 Inari Amertron.
0.00
01/03/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/23/2024
0.00
If you would invest  0.00  in Inari Amertron on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Inari Amertron Bhd or generate 0.0% return on investment in Inari Amertron over 720 days. Inari Amertron is related to or competes with ViTrox Bhd, MI Technovation, and Globetronics Tech. More

Inari Amertron 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 Inari Amertron'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 Inari Amertron Bhd upside and downside potential and time the market with a certain degree of confidence.

Inari Amertron Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Inari Amertron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inari Amertron's standard deviation. In reality, there are many statistical measures that can use Inari Amertron historical prices to predict the future Inari Amertron's volatility.
Hype
Prediction
LowEstimatedHigh
0.853.035.21
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Intrinsic
Valuation
LowRealHigh
0.812.995.17
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Inari Amertron Bhd Backtested Returns

As of now, Inari Stock is moderately volatile. Inari Amertron Bhd holds Efficiency (Sharpe) Ratio of 0.025, which attests that the entity had a 0.025% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Inari Amertron Bhd, which you can use to evaluate the volatility of the firm. Please check out Inari Amertron's Risk Adjusted Performance of 0.0043, market risk adjusted performance of (0.03), and Standard Deviation of 2.2 to validate if the risk estimate we provide is consistent with the expected return of 0.0545%. Inari Amertron has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Inari Amertron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inari Amertron is expected to be smaller as well. Inari Amertron Bhd right now retains a risk of 2.18%. Please check out Inari Amertron coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Inari Amertron will be following its current trending patterns.

Auto-correlation

    
  0.15  

Insignificant predictability

Inari Amertron Bhd has insignificant predictability. Overlapping area represents the amount of predictability between Inari Amertron time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd of December 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 Inari Amertron Bhd price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Inari Amertron price fluctuation can be explain by its past prices.
Correlation Coefficient0.15
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.09

Inari Amertron Bhd lagged returns against current returns

Autocorrelation, which is Inari Amertron 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 Inari Amertron's stock expected returns. We can calculate the autocorrelation of Inari Amertron returns to help us make a trade decision. For example, suppose you find that Inari Amertron 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   
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Inari Amertron 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 Inari Amertron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inari Amertron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inari Amertron stock over time.
   Current vs Lagged Prices   
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Inari Amertron Lagged Returns

When evaluating Inari Amertron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inari Amertron stock have on its future price. Inari Amertron 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, Inari Amertron autocorrelation shows the relationship between Inari Amertron stock current value and its past values and can show if there is a momentum factor associated with investing in Inari Amertron Bhd.
   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.

Other Information on Investing in Inari Stock

Inari Amertron financial ratios help investors to determine whether Inari 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 Inari with respect to the benefits of owning Inari Amertron security.