Ibiden CoLtd (Germany) Market Value
| IBI Stock | EUR 26.40 0.20 0.76% |
| Symbol | Ibiden |
Ibiden CoLtd '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 Ibiden CoLtd'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 Ibiden CoLtd.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Ibiden CoLtd on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Ibiden CoLtd or generate 0.0% return on investment in Ibiden CoLtd over 720 days. Ibiden CoLtd is related to or competes with T MOBILE, Sixt Leasing, Gamma Communications, Cogent Communications, Charter Communications, and Bank of America. IBIDEN Co., Ltd. provides electronic and ceramics products in Japan, Asia, North America, Europe, and internationally More
Ibiden CoLtd 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 Ibiden CoLtd'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 Ibiden CoLtd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.76 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 3.68 |
Ibiden CoLtd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ibiden CoLtd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ibiden CoLtd's standard deviation. In reality, there are many statistical measures that can use Ibiden CoLtd historical prices to predict the future Ibiden CoLtd's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (5.90) |
Ibiden CoLtd Backtested Returns
Ibiden CoLtd holds Efficiency (Sharpe) Ratio of -0.0313, which attests that the entity had a -0.0313% return per unit of risk over the last 3 months. Ibiden CoLtd exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ibiden CoLtd's Standard Deviation of 2.72, market risk adjusted performance of (5.89), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0143, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ibiden CoLtd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ibiden CoLtd is expected to be smaller as well. At this point, Ibiden CoLtd has a negative expected return of -0.0851%. Please make sure to check out Ibiden CoLtd's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Ibiden CoLtd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Ibiden CoLtd has insignificant predictability. Overlapping area represents the amount of predictability between Ibiden CoLtd time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Ibiden CoLtd price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Ibiden CoLtd price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 34.35 |
Ibiden CoLtd lagged returns against current returns
Autocorrelation, which is Ibiden CoLtd 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 Ibiden CoLtd's stock expected returns. We can calculate the autocorrelation of Ibiden CoLtd returns to help us make a trade decision. For example, suppose you find that Ibiden CoLtd 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 |
Ibiden CoLtd 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 Ibiden CoLtd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ibiden CoLtd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ibiden CoLtd stock over time.
Current vs Lagged Prices |
| Timeline |
Ibiden CoLtd Lagged Returns
When evaluating Ibiden CoLtd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ibiden CoLtd stock have on its future price. Ibiden CoLtd 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, Ibiden CoLtd autocorrelation shows the relationship between Ibiden CoLtd stock current value and its past values and can show if there is a momentum factor associated with investing in Ibiden CoLtd.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ibiden Stock
Ibiden CoLtd financial ratios help investors to determine whether Ibiden 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 Ibiden with respect to the benefits of owning Ibiden CoLtd security.