Interroll Holding (Switzerland) Market Value
| INRN Stock | CHF 2,150 15.00 0.69% |
| Symbol | Interroll |
Interroll 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 Interroll 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 Interroll Holding.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Interroll Holding on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Interroll Holding AG or generate 0.0% return on investment in Interroll Holding over 30 days. Interroll Holding is related to or competes with Belimo Holding, Bachem Holding, VAT Group, Kardex, and Comet Holding. Interroll Holding AG provides products and services for internal logistics worldwide More
Interroll 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 Interroll 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 Interroll Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 9.87 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 1.69 |
Interroll Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Interroll Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interroll Holding's standard deviation. In reality, there are many statistical measures that can use Interroll Holding historical prices to predict the future Interroll Holding's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.69) |
Interroll Holding Backtested Returns
Interroll Holding holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Interroll Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Interroll Holding's Market Risk Adjusted Performance of (0.68), risk adjusted performance of (0.1), and Standard Deviation of 1.51 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Interroll Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Interroll Holding is expected to be smaller as well. At this point, Interroll Holding has a negative expected return of -0.24%. Please make sure to check out Interroll Holding's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Interroll Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Interroll Holding AG has very good reverse predictability. Overlapping area represents the amount of predictability between Interroll Holding 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 Interroll Holding price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Interroll Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 355.56 |
Interroll Holding lagged returns against current returns
Autocorrelation, which is Interroll 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 Interroll Holding's stock expected returns. We can calculate the autocorrelation of Interroll Holding returns to help us make a trade decision. For example, suppose you find that Interroll 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 |
Interroll 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 Interroll Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interroll Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interroll Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Interroll Holding Lagged Returns
When evaluating Interroll Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interroll Holding stock have on its future price. Interroll 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, Interroll Holding autocorrelation shows the relationship between Interroll Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Interroll Holding AG.
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.Additional Tools for Interroll Stock Analysis
When running Interroll Holding's price analysis, check to measure Interroll 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 Interroll Holding is operating at the current time. Most of Interroll Holding's value examination focuses on studying past and present price action to predict the probability of Interroll 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 Interroll Holding's price. Additionally, you may evaluate how the addition of Interroll Holding to your portfolios can decrease your overall portfolio volatility.