Intchains Group Limited Stock Market Value
| ICG Stock | 4.44 0.06 1.33% |
| Symbol | Intchains |
Intchains Group Price To Book Ratio
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intchains Group. If investors know Intchains will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intchains Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Earnings Share (0.11) | Revenue Per Share 3.163 | Quarterly Revenue Growth 7.851 | Return On Assets (0) |
The market value of Intchains Group is measured differently than its book value, which is the value of Intchains that is recorded on the company's balance sheet. Investors also form their own opinion of Intchains Group's value that differs from its market value or its book value, called intrinsic value, which is Intchains Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intchains Group's market value can be influenced by many factors that don't directly affect Intchains Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intchains Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intchains Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intchains Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Intchains Group '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 Intchains Group'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 Intchains Group.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Intchains Group on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Intchains Group Limited or generate 0.0% return on investment in Intchains Group over 240 days. Intchains Group is related to or competes with Lucid, Precision Drilling, Seadrill, PACCAR, American Axle, and Wabash National. Intchains Group is entity of United States More
Intchains Group 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 Intchains Group'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 Intchains Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.93 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 72.63 | |||
| Value At Risk | (6.17) | |||
| Potential Upside | 9.69 |
Intchains Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intchains Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intchains Group's standard deviation. In reality, there are many statistical measures that can use Intchains Group historical prices to predict the future Intchains Group's volatility.| Risk Adjusted Performance | 0.0112 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (1.34) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0153 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intchains Group'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.
Intchains Group Backtested Returns
Intchains Group holds Efficiency (Sharpe) Ratio of -0.077, which attests that the entity had a -0.077% return per unit of risk over the last 3 months. Intchains Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intchains Group's Risk Adjusted Performance of 0.0112, market risk adjusted performance of 0.0253, and Downside Deviation of 8.93 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Intchains Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intchains Group is expected to be smaller as well. At this point, Intchains Group has a negative expected return of -0.57%. Please make sure to check out Intchains Group's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Intchains Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Intchains Group Limited has average predictability. Overlapping area represents the amount of predictability between Intchains Group time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 to 2nd 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 Intchains Group price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Intchains Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 2.14 |
Intchains Group lagged returns against current returns
Autocorrelation, which is Intchains Group 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 Intchains Group's stock expected returns. We can calculate the autocorrelation of Intchains Group returns to help us make a trade decision. For example, suppose you find that Intchains Group 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 |
Intchains Group 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 Intchains Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intchains Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intchains Group stock over time.
Current vs Lagged Prices |
| Timeline |
Intchains Group Lagged Returns
When evaluating Intchains Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intchains Group stock have on its future price. Intchains Group 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, Intchains Group autocorrelation shows the relationship between Intchains Group stock current value and its past values and can show if there is a momentum factor associated with investing in Intchains Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Intchains Group is a strong investment it is important to analyze Intchains Group'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 Intchains Group's future performance. For an informed investment choice regarding Intchains Stock, refer to the following important reports:Check out Intchains Group Correlation, Intchains Group Volatility and Intchains Group Alpha and Beta module to complement your research on Intchains Group. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Intchains Group 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.