Iperionx Limited American Stock Market Value
| IPX Stock | USD 29.38 0.85 2.98% |
| Symbol | IperionX |
IperionX Limited American Price To Book Ratio
Is Diversified Metals & Mining 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 IperionX Limited. If investors know IperionX 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 IperionX Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.30) | Return On Assets (0.36) | Return On Equity (0.61) |
The market value of IperionX Limited American is measured differently than its book value, which is the value of IperionX that is recorded on the company's balance sheet. Investors also form their own opinion of IperionX Limited's value that differs from its market value or its book value, called intrinsic value, which is IperionX Limited'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 IperionX Limited's market value can be influenced by many factors that don't directly affect IperionX Limited'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 IperionX Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if IperionX Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IperionX Limited'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.
IperionX Limited '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 IperionX Limited'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 IperionX Limited.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in IperionX Limited on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding IperionX Limited American or generate 0.0% return on investment in IperionX Limited over 30 days. IperionX Limited is related to or competes with Fury Gold, EMX Royalty, Materion, Ferroglobe PLC, Vizsla Resources, Western Copper, and Americas Silver. IperionX Limited focuses on the development of low carbon material supply chains focused on space, aerospace, electric v... More
IperionX Limited 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 IperionX Limited'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 IperionX Limited American upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.2302 | |||
| Maximum Drawdown | 20.46 | |||
| Value At Risk | (5.15) | |||
| Potential Upside | 8.9 |
IperionX Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IperionX Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IperionX Limited's standard deviation. In reality, there are many statistical measures that can use IperionX Limited historical prices to predict the future IperionX Limited's volatility.| Risk Adjusted Performance | 0.2091 | |||
| Jensen Alpha | 0.905 | |||
| Total Risk Alpha | 0.4255 | |||
| Sortino Ratio | 0.2626 | |||
| Treynor Ratio | 1.09 |
IperionX Limited American Backtested Returns
IperionX Limited appears to be not too volatile, given 3 months investment horizon. IperionX Limited American holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating IperionX Limited's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize IperionX Limited's Risk Adjusted Performance of 0.2091, downside deviation of 3.41, and Market Risk Adjusted Performance of 1.1 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IperionX Limited holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of 0.93, which attests to possible diversification benefits within a given portfolio. IperionX Limited returns are very sensitive to returns on the market. As the market goes up or down, IperionX Limited is expected to follow. Please check IperionX Limited's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether IperionX Limited's current trending patterns will revert.
Auto-correlation | 0.78 |
Good predictability
IperionX Limited American has good predictability. Overlapping area represents the amount of predictability between IperionX Limited time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 IperionX Limited American price movement. The serial correlation of 0.78 indicates that around 78.0% of current IperionX Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 4.07 |
IperionX Limited American lagged returns against current returns
Autocorrelation, which is IperionX Limited 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 IperionX Limited's stock expected returns. We can calculate the autocorrelation of IperionX Limited returns to help us make a trade decision. For example, suppose you find that IperionX Limited 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 |
IperionX Limited 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 IperionX Limited stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IperionX Limited stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IperionX Limited stock over time.
Current vs Lagged Prices |
| Timeline |
IperionX Limited Lagged Returns
When evaluating IperionX Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IperionX Limited stock have on its future price. IperionX Limited 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, IperionX Limited autocorrelation shows the relationship between IperionX Limited stock current value and its past values and can show if there is a momentum factor associated with investing in IperionX Limited American.
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 IperionX Stock Analysis
When running IperionX Limited's price analysis, check to measure IperionX Limited'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 IperionX Limited is operating at the current time. Most of IperionX Limited's value examination focuses on studying past and present price action to predict the probability of IperionX Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IperionX Limited's price. Additionally, you may evaluate how the addition of IperionX Limited to your portfolios can decrease your overall portfolio volatility.