IBEX Technologies (Germany) Market Value
| IBT Stock | EUR 684.00 10.00 1.48% |
| Symbol | IBEX |
IBEX Technologies '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 IBEX Technologies' 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 IBEX Technologies.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in IBEX Technologies on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding IBEX Technologies or generate 0.0% return on investment in IBEX Technologies over 30 days. IBEX Technologies is related to or competes with Moderna, Superior Plus, SIVERS SEMICONDUCTORS, NorAm Drilling, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. IBEX Technologies Inc., through its subsidiaries, manufactures and markets enzymes for biomedical use in Canada, the Uni... More
IBEX Technologies 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 IBEX Technologies' 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 IBEX Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.51 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.07 |
IBEX Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IBEX Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IBEX Technologies' standard deviation. In reality, there are many statistical measures that can use IBEX Technologies historical prices to predict the future IBEX Technologies' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.19) |
IBEX Technologies Backtested Returns
At this point, IBEX Technologies is very steady. IBEX Technologies holds Efficiency (Sharpe) Ratio of 0.0134, which attests that the company had a 0.0134% return per unit of return volatility over the last 3 months. We have found twenty-four technical indicators for IBEX Technologies, which you can use to evaluate the volatility of the entity. Please check out IBEX Technologies' coefficient of variation of (2,803), and Standard Deviation of 1.35 to validate if the risk estimate we provide is consistent with the expected return of 0.0181%. IBEX Technologies has a performance score of 1 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IBEX Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding IBEX Technologies is expected to be smaller as well. IBEX Technologies at this time retains a risk of 1.35%. Please check out IBEX Technologies standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if IBEX Technologies will be following its current trending patterns.
Auto-correlation | 0.09 |
Virtually no predictability
IBEX Technologies has virtually no predictability. Overlapping area represents the amount of predictability between IBEX Technologies time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 IBEX Technologies price movement. The serial correlation of 0.09 indicates that less than 9.0% of current IBEX Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 130.19 |
IBEX Technologies lagged returns against current returns
Autocorrelation, which is IBEX Technologies 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 IBEX Technologies' stock expected returns. We can calculate the autocorrelation of IBEX Technologies returns to help us make a trade decision. For example, suppose you find that IBEX Technologies 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 |
IBEX Technologies 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 IBEX Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IBEX Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IBEX Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
IBEX Technologies Lagged Returns
When evaluating IBEX Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IBEX Technologies stock have on its future price. IBEX Technologies 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, IBEX Technologies autocorrelation shows the relationship between IBEX Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in IBEX Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in IBEX Stock
IBEX Technologies financial ratios help investors to determine whether IBEX 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 IBEX with respect to the benefits of owning IBEX Technologies security.