Inter Co Class Stock Market Value
| INTR Stock | USD 4.56 0.06 1.30% |
| Symbol | Inter |
Inter Co Class Price To Book Ratio
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inter Co. If investors know Inter will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inter Co listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.917 | Earnings Share 0.3 | Revenue Per Share 9.186 | Quarterly Revenue Growth 0.407 | Return On Assets 0.0117 |
The market value of Inter Co Class is measured differently than its book value, which is the value of Inter that is recorded on the company's balance sheet. Investors also form their own opinion of Inter Co's value that differs from its market value or its book value, called intrinsic value, which is Inter Co's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inter Co's market value can be influenced by many factors that don't directly affect Inter Co's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inter Co's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inter Co is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inter Co'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.
Inter Co '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 Inter Co'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 Inter Co.
| 05/13/2023 |
| 12/03/2024 |
If you would invest 0.00 in Inter Co on May 13, 2023 and sell it all today you would earn a total of 0.00 from holding Inter Co Class or generate 0.0% return on investment in Inter Co over 570 days. Inter Co is related to or competes with Community West, First Financial, First Northwest, First Capital, National Bank, First Community, and Oak Valley. Inter Co, Inc., through its subsidiaries, engages in the banking, securities, insurance brokerage, marketplace, asset ma... More
Inter Co 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 Inter Co'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 Inter Co Class upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 17.47 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 3.18 |
Inter Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inter Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inter Co's standard deviation. In reality, there are many statistical measures that can use Inter Co historical prices to predict the future Inter Co's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | (1.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Inter Co's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Inter Co Class Backtested Returns
Inter Co Class holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had a -0.23% return per unit of risk over the last 3 months. Inter Co Class exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inter Co's Market Risk Adjusted Performance of (1.10), risk adjusted performance of (0.16), and Standard Deviation of 2.94 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Inter Co's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inter Co is expected to be smaller as well. At this point, Inter Co Class has a negative expected return of -0.69%. Please make sure to check out Inter Co's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Inter Co Class performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
Inter Co Class has modest predictability. Overlapping area represents the amount of predictability between Inter Co time series from 13th of May 2023 to 22nd of February 2024 and 22nd of February 2024 to 3rd 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 Inter Co Class price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Inter Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Inter Co Class lagged returns against current returns
Autocorrelation, which is Inter Co 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 Inter Co's stock expected returns. We can calculate the autocorrelation of Inter Co returns to help us make a trade decision. For example, suppose you find that Inter Co 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 |
Inter Co 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 Inter Co stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inter Co stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inter Co stock over time.
Current vs Lagged Prices |
| Timeline |
Inter Co Lagged Returns
When evaluating Inter Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inter Co stock have on its future price. Inter Co 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, Inter Co autocorrelation shows the relationship between Inter Co stock current value and its past values and can show if there is a momentum factor associated with investing in Inter Co Class.
Regressed Prices |
| Timeline |
Pair Trading with Inter Co
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 Inter Co 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 Inter Co will appreciate offsetting losses from the drop in the long position's value.Moving against Inter Stock
| 0.81 | VBNK | VersaBank Normal Trading | PairCorr |
| 0.79 | EBMT | Eagle Bancorp Montana Fiscal Year End 28th of January 2025 | PairCorr |
| 0.78 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
| 0.76 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.74 | VBTX | Veritex Holdings Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Inter Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inter Co 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 Inter Co - 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 Inter Co Class to buy it.
The correlation of Inter Co 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 Inter Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inter Co Class 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 Inter Co 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.Additional Tools for Inter Stock Analysis
When running Inter Co's price analysis, check to measure Inter Co'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 Inter Co is operating at the current time. Most of Inter Co's value examination focuses on studying past and present price action to predict the probability of Inter Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inter Co's price. Additionally, you may evaluate how the addition of Inter Co to your portfolios can decrease your overall portfolio volatility.