Intracom Holdings (Greece) Market Value
| INTRK Stock | EUR 2.93 0.01 0.34% |
| Symbol | Intracom |
Intracom Holdings '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 Intracom Holdings' 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 Intracom Holdings.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Intracom Holdings on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Intracom Holdings SA or generate 0.0% return on investment in Intracom Holdings over 30 days. Intracom Holdings is related to or competes with Intralot, Mytilineos, Public Power, Hellenic Telecommunicatio, and Hellenic Petroleum. Intracom Holdings S.A. operates as an IT solutions and services company in Greece and internationally More
Intracom Holdings 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 Intracom Holdings' 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 Intracom Holdings SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 9.15 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 3.33 |
Intracom Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intracom Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intracom Holdings' standard deviation. In reality, there are many statistical measures that can use Intracom Holdings historical prices to predict the future Intracom Holdings' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 1.24 |
Intracom Holdings Backtested Returns
Intracom Holdings holds Efficiency (Sharpe) Ratio of -0.0011, which attests that the entity had a -0.0011% return per unit of risk over the last 3 months. Intracom Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intracom Holdings' Risk Adjusted Performance of (0.03), market risk adjusted performance of 1.25, and Standard Deviation of 2.0 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0846, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Intracom Holdings are expected to decrease at a much lower rate. During the bear market, Intracom Holdings is likely to outperform the market. At this point, Intracom Holdings has a negative expected return of -0.0021%. Please make sure to check out Intracom Holdings' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Intracom Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Intracom Holdings SA has poor reverse predictability. Overlapping area represents the amount of predictability between Intracom Holdings 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 Intracom Holdings price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Intracom Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Intracom Holdings lagged returns against current returns
Autocorrelation, which is Intracom Holdings 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 Intracom Holdings' stock expected returns. We can calculate the autocorrelation of Intracom Holdings returns to help us make a trade decision. For example, suppose you find that Intracom Holdings 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 |
Intracom Holdings 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 Intracom Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intracom Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intracom Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Intracom Holdings Lagged Returns
When evaluating Intracom Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intracom Holdings stock have on its future price. Intracom Holdings 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, Intracom Holdings autocorrelation shows the relationship between Intracom Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Intracom Holdings SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Intracom Stock
Intracom Holdings financial ratios help investors to determine whether Intracom 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 Intracom with respect to the benefits of owning Intracom Holdings security.