Imed Infinity (Israel) Market Value
| IMED Stock | 103.00 2.70 2.55% |
| Symbol | Imed |
Imed Infinity '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 Imed Infinity'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 Imed Infinity.
| 12/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Imed Infinity on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding Imed Infinity Medical Limited or generate 0.0% return on investment in Imed Infinity over 360 days. Imed Infinity is related to or competes with Adgar Investments, YD More, Electreon Wireless, GODM Investments, and Victory Supermarket. More
Imed Infinity 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 Imed Infinity'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 Imed Infinity Medical Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 8.46 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 0.1007 |
Imed Infinity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imed Infinity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imed Infinity's standard deviation. In reality, there are many statistical measures that can use Imed Infinity historical prices to predict the future Imed Infinity's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 3.9 |
Imed Infinity Medical Backtested Returns
Imed Infinity Medical holds Efficiency (Sharpe) Ratio of -0.0679, which attests that the entity had a -0.0679% return per unit of risk over the last 3 months. Imed Infinity Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Imed Infinity's Market Risk Adjusted Performance of 3.91, standard deviation of 1.69, and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0767, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Imed Infinity are expected to decrease at a much lower rate. During the bear market, Imed Infinity is likely to outperform the market. At this point, Imed Infinity Medical has a negative expected return of -0.1%. Please make sure to check out Imed Infinity's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Imed Infinity Medical performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Imed Infinity Medical Limited has good reverse predictability. Overlapping area represents the amount of predictability between Imed Infinity time series from 20th of December 2023 to 17th of June 2024 and 17th of June 2024 to 14th 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 Imed Infinity Medical price movement. The serial correlation of -0.55 indicates that about 55.0% of current Imed Infinity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 76.48 |
Imed Infinity Medical lagged returns against current returns
Autocorrelation, which is Imed Infinity 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 Imed Infinity's stock expected returns. We can calculate the autocorrelation of Imed Infinity returns to help us make a trade decision. For example, suppose you find that Imed Infinity 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 |
Imed Infinity 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 Imed Infinity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imed Infinity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imed Infinity stock over time.
Current vs Lagged Prices |
| Timeline |
Imed Infinity Lagged Returns
When evaluating Imed Infinity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imed Infinity stock have on its future price. Imed Infinity 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, Imed Infinity autocorrelation shows the relationship between Imed Infinity stock current value and its past values and can show if there is a momentum factor associated with investing in Imed Infinity Medical Limited.
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.Other Information on Investing in Imed Stock
Imed Infinity financial ratios help investors to determine whether Imed 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 Imed with respect to the benefits of owning Imed Infinity security.