Immersion (France) Market Value
| ALIMR Stock | EUR 1.68 0.02 1.20% |
| Symbol | Immersion |
Immersion '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 Immersion'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 Immersion.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Immersion on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Immersion SA or generate 0.0% return on investment in Immersion over 30 days. Immersion is related to or competes with DBT SA, Drone Volt, and Gaussin. Immersion SA develops and integrates display systems and interaction devices More
Immersion 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 Immersion'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 Immersion SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.98 | |||
| Information Ratio | 0.003 | |||
| Maximum Drawdown | 27.36 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 7.14 |
Immersion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Immersion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Immersion's standard deviation. In reality, there are many statistical measures that can use Immersion historical prices to predict the future Immersion's volatility.| Risk Adjusted Performance | 0.0207 | |||
| Jensen Alpha | 0.0948 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | (0.06) |
Immersion SA Backtested Returns
Currently, Immersion SA is dangerous. Immersion SA holds Efficiency (Sharpe) Ratio of 0.0252, which attests that the entity had a 0.0252% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Immersion SA, which you can use to evaluate the volatility of the firm. Please check out Immersion's Risk Adjusted Performance of 0.0207, downside deviation of 6.98, and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Immersion has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.91, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Immersion are expected to decrease slowly. On the other hand, during market turmoil, Immersion is expected to outperform it slightly. Immersion SA right now retains a risk of 4.21%. Please check out Immersion downside variance, and the relationship between the sortino ratio and daily balance of power , to decide if Immersion will be following its current trending patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
Immersion SA has weak reverse predictability. Overlapping area represents the amount of predictability between Immersion time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Immersion SA price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Immersion price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Immersion SA lagged returns against current returns
Autocorrelation, which is Immersion 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 Immersion's stock expected returns. We can calculate the autocorrelation of Immersion returns to help us make a trade decision. For example, suppose you find that Immersion 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 |
Immersion 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 Immersion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Immersion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Immersion stock over time.
Current vs Lagged Prices |
| Timeline |
Immersion Lagged Returns
When evaluating Immersion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Immersion stock have on its future price. Immersion 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, Immersion autocorrelation shows the relationship between Immersion stock current value and its past values and can show if there is a momentum factor associated with investing in Immersion SA.
Regressed Prices |
| Timeline |
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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 Immersion Stock Analysis
When running Immersion's price analysis, check to measure Immersion'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 Immersion is operating at the current time. Most of Immersion's value examination focuses on studying past and present price action to predict the probability of Immersion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immersion's price. Additionally, you may evaluate how the addition of Immersion to your portfolios can decrease your overall portfolio volatility.