2028 Investment Grade Stock Market Value
| IGBT-UN Stock | 10.62 0.02 0.19% |
| Symbol | 2028 |
Please note, there is a significant difference between 2028 Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2028 Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2028 Investment'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.
2028 Investment '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 2028 Investment'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 2028 Investment.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in 2028 Investment on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding 2028 Investment Grade or generate 0.0% return on investment in 2028 Investment over 30 days. 2028 Investment is related to or competes with Apple, NVIDIA CDR, Microsoft Corp, Amazon CDR, Alphabet, Meta Platforms, and Tesla. 2028 Investment is entity of Canada. It is traded as Stock on TO exchange. More
2028 Investment 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 2028 Investment'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 2028 Investment Grade upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8287 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.82 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.26 |
2028 Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2028 Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 2028 Investment's standard deviation. In reality, there are many statistical measures that can use 2028 Investment historical prices to predict the future 2028 Investment's volatility.| Risk Adjusted Performance | 0.0498 | |||
| Jensen Alpha | 0.0095 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1513 |
2028 Investment Grade Backtested Returns
As of now, 2028 Stock is very steady. 2028 Investment Grade retains Efficiency (Sharpe Ratio) of 0.0687, which signifies that the company had a 0.0687% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for 2028 Investment, which you can use to evaluate the volatility of the entity. Please confirm 2028 Investment's Standard Deviation of 0.7055, market risk adjusted performance of 0.1613, and Coefficient Of Variation of 1442.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.0488%. 2028 Investment has a performance score of 5 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 2028 Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding 2028 Investment is expected to be smaller as well. 2028 Investment Grade today owns a risk of 0.71%. Please confirm 2028 Investment Grade downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if 2028 Investment Grade will be following its current price history.
Auto-correlation | -0.06 |
Very weak reverse predictability
2028 Investment Grade has very weak reverse predictability. Overlapping area represents the amount of predictability between 2028 Investment time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 2028 Investment Grade price movement. The serial correlation of -0.06 indicates that barely 6.0% of current 2028 Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
2028 Investment Grade lagged returns against current returns
Autocorrelation, which is 2028 Investment 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 2028 Investment's stock expected returns. We can calculate the autocorrelation of 2028 Investment returns to help us make a trade decision. For example, suppose you find that 2028 Investment 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 |
2028 Investment 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 2028 Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 2028 Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 2028 Investment stock over time.
Current vs Lagged Prices |
| Timeline |
2028 Investment Lagged Returns
When evaluating 2028 Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 2028 Investment stock have on its future price. 2028 Investment 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, 2028 Investment autocorrelation shows the relationship between 2028 Investment stock current value and its past values and can show if there is a momentum factor associated with investing in 2028 Investment Grade.
Regressed Prices |
| Timeline |
Pair Trading with 2028 Investment
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 2028 Investment 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 2028 Investment will appreciate offsetting losses from the drop in the long position's value.Moving against 2028 Stock
The ability to find closely correlated positions to 2028 Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 2028 Investment 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 2028 Investment - 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 2028 Investment Grade to buy it.
The correlation of 2028 Investment 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 2028 Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 2028 Investment Grade 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 2028 Investment 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 2028 Stock
2028 Investment financial ratios help investors to determine whether 2028 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 2028 with respect to the benefits of owning 2028 Investment security.