Inscorp Stock Market Value
| IBTN Stock | USD 24.90 0.18 0.73% |
| Symbol | InsCorp |
InsCorp '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 InsCorp's otc 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 InsCorp.
| 11/26/2023 |
| 12/20/2024 |
If you would invest 0.00 in InsCorp on November 26, 2023 and sell it all today you would earn a total of 0.00 from holding InsCorp or generate 0.0% return on investment in InsCorp over 390 days. InsCorp is related to or competes with Morningstar Unconstrained, Bondbloxx ETF, Spring Valley, Bondbloxx ETF, First Physicians, CarMax, and SEI Investments. InsCorp, Inc. operates as a bank holding company for InsBank that provides banking products and services in Tennessee More
InsCorp 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 InsCorp's otc 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 InsCorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.0897 | |||
| Maximum Drawdown | 6.5 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 1.11 |
InsCorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for InsCorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InsCorp's standard deviation. In reality, there are many statistical measures that can use InsCorp historical prices to predict the future InsCorp's volatility.| Risk Adjusted Performance | 0.1054 | |||
| Jensen Alpha | 0.0887 | |||
| Total Risk Alpha | 0.0696 | |||
| Sortino Ratio | 0.0674 | |||
| Treynor Ratio | 0.6062 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of InsCorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
InsCorp Backtested Returns
As of now, InsCorp OTC Stock is very steady. InsCorp holds Efficiency (Sharpe) Ratio of 0.0663, which attests that the entity had a 0.0663% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for InsCorp, which you can use to evaluate the volatility of the firm. Please check out InsCorp's Market Risk Adjusted Performance of 0.6162, risk adjusted performance of 0.1054, and Downside Deviation of 1.02 to validate if the risk estimate we provide is consistent with the expected return of 0.0413%. InsCorp has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, InsCorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding InsCorp is expected to be smaller as well. InsCorp right now retains a risk of 0.62%. Please check out InsCorp value at risk, as well as the relationship between the skewness and day median price , to decide if InsCorp will be following its current trending patterns.
Auto-correlation | 0.32 |
Below average predictability
InsCorp has below average predictability. Overlapping area represents the amount of predictability between InsCorp time series from 26th of November 2023 to 8th of June 2024 and 8th of June 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 InsCorp price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current InsCorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
InsCorp lagged returns against current returns
Autocorrelation, which is InsCorp otc 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 InsCorp's otc stock expected returns. We can calculate the autocorrelation of InsCorp returns to help us make a trade decision. For example, suppose you find that InsCorp has exhibited high autocorrelation historically, and you observe that the otc 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 |
InsCorp 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 InsCorp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InsCorp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InsCorp otc stock over time.
Current vs Lagged Prices |
| Timeline |
InsCorp Lagged Returns
When evaluating InsCorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InsCorp otc stock have on its future price. InsCorp 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, InsCorp autocorrelation shows the relationship between InsCorp otc stock current value and its past values and can show if there is a momentum factor associated with investing in InsCorp.
Regressed Prices |
| Timeline |
Pair Trading with InsCorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if InsCorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in InsCorp will appreciate offsetting losses from the drop in the long position's value.Moving together with InsCorp OTC Stock
| 0.73 | HDB | HDFC Bank Limited Sell-off Trend | PairCorr |
Moving against InsCorp OTC Stock
| 0.86 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.81 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.77 | BNPQY | BNP Paribas SA | PairCorr |
| 0.77 | BNPQF | BNP Paribas SA | PairCorr |
| 0.66 | BBAS3 | Banco do Brasil | PairCorr |
The ability to find closely correlated positions to InsCorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InsCorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back InsCorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling InsCorp to buy it.
The correlation of InsCorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as InsCorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InsCorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for InsCorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in InsCorp OTC Stock
InsCorp financial ratios help investors to determine whether InsCorp OTC 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 InsCorp with respect to the benefits of owning InsCorp security.