Intercontinental (Germany) Market Value
| IC2 Stock | EUR 144.20 0.34 0.24% |
| Symbol | Intercontinental |
Intercontinental '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 Intercontinental'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 Intercontinental.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Intercontinental on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Intercontinental Exchange or generate 0.0% return on investment in Intercontinental over 30 days. Intercontinental is related to or competes with CME, Hong Kong, London Stock, DEUTSCHE BOERSE, ASX, and Euronext. Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for commodity, financ... More
Intercontinental 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 Intercontinental'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 Intercontinental Exchange upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 14.72 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.81 |
Intercontinental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intercontinental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intercontinental's standard deviation. In reality, there are many statistical measures that can use Intercontinental historical prices to predict the future Intercontinental's volatility.| Risk Adjusted Performance | 0.0225 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0263 |
Intercontinental Exchange Backtested Returns
At this point, Intercontinental is very steady. Intercontinental Exchange holds Efficiency (Sharpe) Ratio of 0.0248, which attests that the entity had a 0.0248% return per unit of risk over the last 3 months. We have found thirty technical indicators for Intercontinental Exchange, which you can use to evaluate the volatility of the firm. Please check out Intercontinental's Risk Adjusted Performance of 0.0225, market risk adjusted performance of 0.0363, and Downside Deviation of 1.74 to validate if the risk estimate we provide is consistent with the expected return of 0.0462%. Intercontinental has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.09, which attests to a somewhat significant risk relative to the market. Intercontinental returns are very sensitive to returns on the market. As the market goes up or down, Intercontinental is expected to follow. Intercontinental Exchange right now retains a risk of 1.86%. Please check out Intercontinental sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Intercontinental will be following its current trending patterns.
Auto-correlation | 0.94 |
Excellent predictability
Intercontinental Exchange has excellent predictability. Overlapping area represents the amount of predictability between Intercontinental time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Intercontinental Exchange price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Intercontinental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 4.78 |
Intercontinental Exchange lagged returns against current returns
Autocorrelation, which is Intercontinental 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 Intercontinental's stock expected returns. We can calculate the autocorrelation of Intercontinental returns to help us make a trade decision. For example, suppose you find that Intercontinental 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 |
Intercontinental 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 Intercontinental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intercontinental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intercontinental stock over time.
Current vs Lagged Prices |
| Timeline |
Intercontinental Lagged Returns
When evaluating Intercontinental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intercontinental stock have on its future price. Intercontinental 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, Intercontinental autocorrelation shows the relationship between Intercontinental stock current value and its past values and can show if there is a momentum factor associated with investing in Intercontinental Exchange.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Intercontinental Stock
When determining whether Intercontinental Exchange is a strong investment it is important to analyze Intercontinental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intercontinental's future performance. For an informed investment choice regarding Intercontinental Stock, refer to the following important reports:Check out Intercontinental Correlation, Intercontinental Volatility and Intercontinental Alpha and Beta module to complement your research on Intercontinental. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Intercontinental technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.