Integrated Micro (Philippines) Market Value
| IMI Stock | 1.61 0.01 0.63% |
| Symbol | Integrated |
Integrated Micro '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 Integrated Micro'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 Integrated Micro.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Integrated Micro on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Integrated Micro Electronics or generate 0.0% return on investment in Integrated Micro over 30 days. Integrated Micro is related to or competes with GT Capital, Allhome Corp, Jollibee Foods, Monde Nissin, and AgriNurture. More
Integrated Micro 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 Integrated Micro'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 Integrated Micro Electronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 12.6 | |||
| Value At Risk | (3.74) | |||
| Potential Upside | 5.06 |
Integrated Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Integrated Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integrated Micro's standard deviation. In reality, there are many statistical measures that can use Integrated Micro historical prices to predict the future Integrated Micro's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.2951 |
Integrated Micro Ele Backtested Returns
Integrated Micro Ele holds Efficiency (Sharpe) Ratio of -0.0441, which attests that the entity had a -0.0441% return per unit of risk over the last 3 months. Integrated Micro Ele exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Integrated Micro's Standard Deviation of 2.62, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 0.3051 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Integrated Micro are expected to decrease at a much lower rate. During the bear market, Integrated Micro is likely to outperform the market. At this point, Integrated Micro Ele has a negative expected return of -0.12%. Please make sure to check out Integrated Micro's skewness, as well as the relationship between the daily balance of power and day typical price , to decide if Integrated Micro Ele performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Integrated Micro Electronics has virtually no predictability. Overlapping area represents the amount of predictability between Integrated Micro time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Integrated Micro Ele price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Integrated Micro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Integrated Micro Ele lagged returns against current returns
Autocorrelation, which is Integrated Micro 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 Integrated Micro's stock expected returns. We can calculate the autocorrelation of Integrated Micro returns to help us make a trade decision. For example, suppose you find that Integrated Micro 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 |
Integrated Micro 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 Integrated Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integrated Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integrated Micro stock over time.
Current vs Lagged Prices |
| Timeline |
Integrated Micro Lagged Returns
When evaluating Integrated Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integrated Micro stock have on its future price. Integrated Micro 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, Integrated Micro autocorrelation shows the relationship between Integrated Micro stock current value and its past values and can show if there is a momentum factor associated with investing in Integrated Micro Electronics.
Regressed Prices |
| Timeline |
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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 Integrated Stock
Integrated Micro financial ratios help investors to determine whether Integrated 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 Integrated with respect to the benefits of owning Integrated Micro security.