INVION's market value is the price at which a share of INVION trades on a public exchange. It measures the collective expectations of INVION investors about its performance. INVION is trading at 0.16 as of the 23rd of December 2024, a 6.67% up since the beginning of the trading day. The stock's lowest day price was 0.16. With this module, you can estimate the performance of a buy and hold strategy of INVION and determine expected loss or profit from investing in INVION over a given investment horizon. Check out INVION Correlation, INVION Volatility and INVION Alpha and Beta module to complement your research on INVION.
Please note, there is a significant difference between INVION's value and its price as these two are different measures arrived at by different means. Investors typically determine if INVION is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, INVION'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.
INVION '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 INVION'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 INVION.
0.00
01/03/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/23/2024
0.00
If you would invest 0.00 in INVION on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding INVION or generate 0.0% return on investment in INVION over 720 days. INVION is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
INVION 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 INVION'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 INVION upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for INVION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INVION's standard deviation. In reality, there are many statistical measures that can use INVION historical prices to predict the future INVION's volatility.
INVION is out of control given 3 months investment horizon. INVION holds Efficiency (Sharpe) Ratio of 0.0903, which attests that the entity had a 0.0903% return per unit of volatility over the last 3 months. We were able to analyze twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.71% are justified by taking the suggested risk. Use INVION market risk adjusted performance of (0.67), and Risk Adjusted Performance of 0.0805 to evaluate company specific risk that cannot be diversified away. INVION holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -2.47, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning INVION are expected to decrease by larger amounts. On the other hand, during market turmoil, INVION is expected to outperform it. Use INVION sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on INVION.
Auto-correlation
-0.26
Weak reverse predictability
INVION has weak reverse predictability. Overlapping area represents the amount of predictability between INVION 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 INVION price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current INVION price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.26
Spearman Rank Test
-0.4
Residual Average
0.0
Price Variance
0.0
INVION lagged returns against current returns
Autocorrelation, which is INVION 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 INVION's stock expected returns. We can calculate the autocorrelation of INVION returns to help us make a trade decision. For example, suppose you find that INVION 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
INVION 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 INVION stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INVION stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INVION stock over time.
Current vs Lagged Prices
Timeline
INVION Lagged Returns
When evaluating INVION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INVION stock have on its future price. INVION 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, INVION autocorrelation shows the relationship between INVION stock current value and its past values and can show if there is a momentum factor associated with investing in INVION.
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.
INVION financial ratios help investors to determine whether INVION 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 INVION with respect to the benefits of owning INVION security.