Invion (Australia) Market Value
| IVX Stock | 0.26 0.02 7.14% |
| Symbol | Invion |
Invion '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 Invion'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 Invion.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Invion on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Invion or generate 0.0% return on investment in Invion over 720 days. Invion is related to or competes with Aurelia Metals, Dug Technology, Macquarie Technology, and Perseus Mining. Invion is entity of Australia. It is traded as Stock on AU exchange. More
Invion 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 Invion'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 Invion upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 24.42 | |||
| Information Ratio | 0.084 | |||
| Maximum Drawdown | 120.51 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Invion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invion's standard deviation. In reality, there are many statistical measures that can use Invion historical prices to predict the future Invion's volatility.| Risk Adjusted Performance | 0.0774 | |||
| Jensen Alpha | 1.92 | |||
| Total Risk Alpha | 1.27 | |||
| Sortino Ratio | 0.0768 | |||
| Treynor Ratio | (1.62) |
Invion Backtested Returns
Invion is out of control given 3 months investment horizon. Invion holds Efficiency (Sharpe) Ratio of 0.0855, which attests that the entity had a 0.0855% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.91% are justified by taking the suggested risk. Use Invion Downside Deviation of 24.42, market risk adjusted performance of (1.61), and Risk Adjusted Performance of 0.0774 to evaluate company specific risk that cannot be diversified away. Invion holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.17, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Invion are expected to decrease by larger amounts. On the other hand, during market turmoil, Invion is expected to outperform it. Use Invion maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to analyze future returns on Invion.
Auto-correlation | 0.56 |
Modest predictability
Invion has modest predictability. Overlapping area represents the amount of predictability between Invion time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Invion price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Invion price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Invion lagged returns against current returns
Autocorrelation, which is Invion 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 Invion's stock expected returns. We can calculate the autocorrelation of Invion returns to help us make a trade decision. For example, suppose you find that Invion 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 |
Invion 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 Invion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invion stock over time.
Current vs Lagged Prices |
| Timeline |
Invion Lagged Returns
When evaluating Invion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invion stock have on its future price. Invion 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, Invion autocorrelation shows the relationship between Invion stock current value and its past values and can show if there is a momentum factor associated with investing in Invion.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Invion Stock Analysis
When running Invion's price analysis, check to measure Invion'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 Invion is operating at the current time. Most of Invion's value examination focuses on studying past and present price action to predict the probability of Invion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invion's price. Additionally, you may evaluate how the addition of Invion to your portfolios can decrease your overall portfolio volatility.