Impact Minerals (Australia) Market Value
| IPT Stock | 0.01 0.0005 4.35% |
| Symbol | Impact |
Impact Minerals '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 Impact Minerals' 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 Impact Minerals.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Impact Minerals on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Impact Minerals or generate 0.0% return on investment in Impact Minerals over 90 days. Impact Minerals is related to or competes with Northern Star, Evolution Mining, Bluescope Steel, Sandfire Resources, Aneka Tambang, and Perseus Mining. Impact Minerals is entity of Australia. It is traded as Stock on AU exchange. More
Impact Minerals 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 Impact Minerals' 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 Impact Minerals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 24.48 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Impact Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impact Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impact Minerals' standard deviation. In reality, there are many statistical measures that can use Impact Minerals historical prices to predict the future Impact Minerals' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (0.14) |
Impact Minerals Backtested Returns
Impact Minerals holds Efficiency (Sharpe) Ratio of -0.0276, which attests that the entity had a -0.0276% return per unit of risk over the last 3 months. Impact Minerals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Impact Minerals' Standard Deviation of 4.85, market risk adjusted performance of (0.13), and insignificant Risk Adjusted Performance to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Impact Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Impact Minerals is expected to be smaller as well. At this point, Impact Minerals has a negative expected return of -0.14%. Please make sure to check out Impact Minerals' total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Impact Minerals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Impact Minerals has virtually no predictability. Overlapping area represents the amount of predictability between Impact Minerals time series from 12th of September 2024 to 27th of October 2024 and 27th of October 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 Impact Minerals price movement. The serial correlation of 0.02 indicates that only 2.0% of current Impact Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Impact Minerals lagged returns against current returns
Autocorrelation, which is Impact Minerals 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 Impact Minerals' stock expected returns. We can calculate the autocorrelation of Impact Minerals returns to help us make a trade decision. For example, suppose you find that Impact Minerals 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 |
Impact Minerals 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 Impact Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impact Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impact Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Impact Minerals Lagged Returns
When evaluating Impact Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impact Minerals stock have on its future price. Impact Minerals 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, Impact Minerals autocorrelation shows the relationship between Impact Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Impact Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Impact Stock Analysis
When running Impact Minerals' price analysis, check to measure Impact Minerals' 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 Impact Minerals is operating at the current time. Most of Impact Minerals' value examination focuses on studying past and present price action to predict the probability of Impact Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Impact Minerals' price. Additionally, you may evaluate how the addition of Impact Minerals to your portfolios can decrease your overall portfolio volatility.