Inficon Holding (Switzerland) Market Value
| IFCN Stock | CHF 1,020 6.00 0.59% |
| Symbol | Inficon |
Inficon Holding '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 Inficon Holding'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 Inficon Holding.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Inficon Holding on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Inficon Holding or generate 0.0% return on investment in Inficon Holding over 30 days. Inficon Holding is related to or competes with VAT Group, Bachem Holding, Tecan Group, and Siegfried Holding. INFICON Holding AG develops instruments for gas analysis, measurement, and control in the Asia-Pacific, Europe, North Am... More
Inficon Holding 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 Inficon Holding'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 Inficon Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 2.02 |
Inficon Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inficon Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inficon Holding's standard deviation. In reality, there are many statistical measures that can use Inficon Holding historical prices to predict the future Inficon Holding's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 12.44 |
Inficon Holding Backtested Returns
Inficon Holding holds Efficiency (Sharpe) Ratio of -0.0907, which attests that the entity had a -0.0907% return per unit of risk over the last 3 months. Inficon Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inficon Holding's Standard Deviation of 1.61, market risk adjusted performance of 12.45, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0148, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Inficon Holding are expected to decrease at a much lower rate. During the bear market, Inficon Holding is likely to outperform the market. At this point, Inficon Holding has a negative expected return of -0.15%. Please make sure to check out Inficon Holding's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Inficon Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Inficon Holding has good reverse predictability. Overlapping area represents the amount of predictability between Inficon Holding time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Inficon Holding price movement. The serial correlation of -0.53 indicates that about 53.0% of current Inficon Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 21.36 |
Inficon Holding lagged returns against current returns
Autocorrelation, which is Inficon Holding 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 Inficon Holding's stock expected returns. We can calculate the autocorrelation of Inficon Holding returns to help us make a trade decision. For example, suppose you find that Inficon Holding 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 |
Inficon Holding 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 Inficon Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inficon Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inficon Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Inficon Holding Lagged Returns
When evaluating Inficon Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inficon Holding stock have on its future price. Inficon Holding 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, Inficon Holding autocorrelation shows the relationship between Inficon Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Inficon Holding.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Inficon Stock Analysis
When running Inficon Holding's price analysis, check to measure Inficon Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inficon Holding is operating at the current time. Most of Inficon Holding's value examination focuses on studying past and present price action to predict the probability of Inficon Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inficon Holding's price. Additionally, you may evaluate how the addition of Inficon Holding to your portfolios can decrease your overall portfolio volatility.