International Container Terminal Stock Market Value
| ICTEF Stock | USD 6.42 0.41 6.00% |
| Symbol | International |
International Container '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 International Container's pink sheet 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 International Container.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in International Container on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding International Container Terminal or generate 0.0% return on investment in International Container over 720 days. International Container is related to or competes with Hapag Lloyd, Nippon Yusen, COSCO SHIPPING, AP Moeller, Orient Overseas, Mitsui OSK, and Orient Overseas. International Container Terminal Services, Inc., together with its subsidiaries, acquires, develops, manages, and operat... More
International Container 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 International Container's pink sheet 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 International Container Terminal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 16.6 | |||
| Value At Risk | (7.82) | |||
| Potential Upside | 6.25 |
International Container Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Container's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Container's standard deviation. In reality, there are many statistical measures that can use International Container historical prices to predict the future International Container's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.2486 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Container'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.
International Container Backtested Returns
International Container holds Efficiency (Sharpe) Ratio of -0.011, which attests that the entity had a -0.011% return per unit of risk over the last 3 months. International Container exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Container's Risk Adjusted Performance of (0.01), market risk adjusted performance of 0.2586, and Standard Deviation of 3.74 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning International Container are expected to decrease at a much lower rate. During the bear market, International Container is likely to outperform the market. At this point, International Container has a negative expected return of -0.042%. Please make sure to check out International Container's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if International Container performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
International Container Terminal has good predictability. Overlapping area represents the amount of predictability between International Container time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 International Container price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current International Container price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
International Container lagged returns against current returns
Autocorrelation, which is International Container pink sheet'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 International Container's pink sheet expected returns. We can calculate the autocorrelation of International Container returns to help us make a trade decision. For example, suppose you find that International Container has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
International Container 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 International Container pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Container pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Container pink sheet over time.
Current vs Lagged Prices |
| Timeline |
International Container Lagged Returns
When evaluating International Container's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Container pink sheet have on its future price. International Container 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, International Container autocorrelation shows the relationship between International Container pink sheet current value and its past values and can show if there is a momentum factor associated with investing in International Container Terminal.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in International Pink Sheet
International Container financial ratios help investors to determine whether International Pink Sheet 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 International with respect to the benefits of owning International Container security.