INTERNATIONAL ENERGY's market value is the price at which a share of INTERNATIONAL ENERGY trades on a public exchange. It measures the collective expectations of INTERNATIONAL ENERGY INSURANCE investors about its performance. INTERNATIONAL ENERGY is trading at 1.47 as of the 12th of December 2024. This is a 8.09 percent increase since the beginning of the trading day. The stock's lowest day price was 1.47. With this module, you can estimate the performance of a buy and hold strategy of INTERNATIONAL ENERGY INSURANCE and determine expected loss or profit from investing in INTERNATIONAL ENERGY over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
INTERNATIONAL
INTERNATIONAL ENERGY '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 INTERNATIONAL ENERGY'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 INTERNATIONAL ENERGY.
0.00
12/23/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/12/2024
0.00
If you would invest 0.00 in INTERNATIONAL ENERGY on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding INTERNATIONAL ENERGY INSURANCE or generate 0.0% return on investment in INTERNATIONAL ENERGY over 720 days.
INTERNATIONAL ENERGY 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 INTERNATIONAL ENERGY'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 INTERNATIONAL ENERGY INSURANCE upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for INTERNATIONAL ENERGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INTERNATIONAL ENERGY's standard deviation. In reality, there are many statistical measures that can use INTERNATIONAL ENERGY historical prices to predict the future INTERNATIONAL ENERGY's volatility.
INTERNATIONAL ENERGY holds Efficiency (Sharpe) Ratio of -0.0257, which attests that the entity had a -0.0257% return per unit of volatility over the last 3 months. INTERNATIONAL ENERGY exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out INTERNATIONAL ENERGY's market risk adjusted performance of 0.1135, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.78, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning INTERNATIONAL ENERGY are expected to decrease at a much lower rate. During the bear market, INTERNATIONAL ENERGY is likely to outperform the market. At this point, INTERNATIONAL ENERGY has a negative expected return of -0.0749%. Please make sure to check out INTERNATIONAL ENERGY's total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if INTERNATIONAL ENERGY performance from the past will be repeated at future time.
Auto-correlation
0.34
Below average predictability
INTERNATIONAL ENERGY INSURANCE has below average predictability. Overlapping area represents the amount of predictability between INTERNATIONAL ENERGY time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 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 INTERNATIONAL ENERGY price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current INTERNATIONAL ENERGY price fluctuation can be explain by its past prices.
Correlation Coefficient
0.34
Spearman Rank Test
0.44
Residual Average
0.0
Price Variance
0.01
INTERNATIONAL ENERGY lagged returns against current returns
Autocorrelation, which is INTERNATIONAL ENERGY 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 INTERNATIONAL ENERGY's stock expected returns. We can calculate the autocorrelation of INTERNATIONAL ENERGY returns to help us make a trade decision. For example, suppose you find that INTERNATIONAL ENERGY 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
INTERNATIONAL ENERGY 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 INTERNATIONAL ENERGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INTERNATIONAL ENERGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INTERNATIONAL ENERGY stock over time.
Current vs Lagged Prices
Timeline
INTERNATIONAL ENERGY Lagged Returns
When evaluating INTERNATIONAL ENERGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INTERNATIONAL ENERGY stock have on its future price. INTERNATIONAL ENERGY 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, INTERNATIONAL ENERGY autocorrelation shows the relationship between INTERNATIONAL ENERGY stock current value and its past values and can show if there is a momentum factor associated with investing in INTERNATIONAL ENERGY INSURANCE.
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.