IDEXX Laboratories, (Brazil) Market Value
| I1DX34 Stock | BRL 589.19 1.18 0.20% |
| Symbol | IDEXX |
IDEXX Laboratories, '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 IDEXX Laboratories,'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 IDEXX Laboratories,.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in IDEXX Laboratories, on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding IDEXX Laboratories, or generate 0.0% return on investment in IDEXX Laboratories, over 90 days. IDEXX Laboratories, is related to or competes with GP Investments, Ameriprise Financial, Apartment Investment, and Trade Desk. IDEXX Laboratories, Inc. develops, manufactures, and distributes products and services primarily for the companion anima... More
IDEXX Laboratories, 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 IDEXX Laboratories,'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 IDEXX Laboratories, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | 0.1492 | |||
| Maximum Drawdown | 13.49 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 3.78 |
IDEXX Laboratories, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDEXX Laboratories,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDEXX Laboratories,'s standard deviation. In reality, there are many statistical measures that can use IDEXX Laboratories, historical prices to predict the future IDEXX Laboratories,'s volatility.| Risk Adjusted Performance | 0.2195 | |||
| Jensen Alpha | 0.3867 | |||
| Total Risk Alpha | 0.1468 | |||
| Sortino Ratio | 0.166 | |||
| Treynor Ratio | 12.69 |
IDEXX Laboratories, Backtested Returns
IDEXX Laboratories, appears to be very steady, given 3 months investment horizon. IDEXX Laboratories, holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21 % return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for IDEXX Laboratories,, which you can use to evaluate the volatility of the firm. Please utilize IDEXX Laboratories,'s Risk Adjusted Performance of 0.2195, downside deviation of 1.57, and Market Risk Adjusted Performance of 12.7 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IDEXX Laboratories, holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of 0.0308, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IDEXX Laboratories,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding IDEXX Laboratories, is expected to be smaller as well. Please check IDEXX Laboratories,'s standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether IDEXX Laboratories,'s current trending patterns will revert.
Auto-correlation | 0.48 |
Average predictability
IDEXX Laboratories, has average predictability. Overlapping area represents the amount of predictability between IDEXX Laboratories, time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IDEXX Laboratories, price movement. The serial correlation of 0.48 indicates that about 48.0% of current IDEXX Laboratories, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 63.86 |
IDEXX Laboratories, lagged returns against current returns
Autocorrelation, which is IDEXX Laboratories, 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 IDEXX Laboratories,'s stock expected returns. We can calculate the autocorrelation of IDEXX Laboratories, returns to help us make a trade decision. For example, suppose you find that IDEXX Laboratories, 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 |
IDEXX Laboratories, 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 IDEXX Laboratories, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDEXX Laboratories, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDEXX Laboratories, stock over time.
Current vs Lagged Prices |
| Timeline |
IDEXX Laboratories, Lagged Returns
When evaluating IDEXX Laboratories,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDEXX Laboratories, stock have on its future price. IDEXX Laboratories, 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, IDEXX Laboratories, autocorrelation shows the relationship between IDEXX Laboratories, stock current value and its past values and can show if there is a momentum factor associated with investing in IDEXX Laboratories,.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in IDEXX Stock
IDEXX Laboratories, financial ratios help investors to determine whether IDEXX 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 IDEXX with respect to the benefits of owning IDEXX Laboratories, security.