IDOX Plc (UK) Market Value
| IDOX Stock | 64.60 1.40 2.12% |
| Symbol | IDOX |
IDOX Plc '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 IDOX Plc'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 IDOX Plc.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in IDOX Plc on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding IDOX plc or generate 0.0% return on investment in IDOX Plc over 90 days. IDOX Plc is related to or competes with Celebrus Technologies, Made Tech, Xeros Technology, Costco Wholesale, SBM Offshore, Seraphim Space, and Allianz Technology. More
IDOX Plc 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 IDOX Plc'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 IDOX plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.32 | |||
| Information Ratio | 0.0727 | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 4.61 |
IDOX Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDOX Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDOX Plc's standard deviation. In reality, there are many statistical measures that can use IDOX Plc historical prices to predict the future IDOX Plc's volatility.| Risk Adjusted Performance | 0.1297 | |||
| Jensen Alpha | 0.2704 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0737 | |||
| Treynor Ratio | 1.25 |
IDOX plc Backtested Returns
IDOX Plc appears to be very steady, given 3 months investment horizon. IDOX plc holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for IDOX plc, which you can use to evaluate the volatility of the firm. Please utilize IDOX Plc's risk adjusted performance of 0.1297, and Market Risk Adjusted Performance of 1.26 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IDOX Plc holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IDOX Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding IDOX Plc is expected to be smaller as well. Please check IDOX Plc's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether IDOX Plc's current trending patterns will revert.
Auto-correlation | 0.67 |
Good predictability
IDOX plc has good predictability. Overlapping area represents the amount of predictability between IDOX Plc time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 IDOX plc price movement. The serial correlation of 0.67 indicates that around 67.0% of current IDOX Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 5.95 |
IDOX plc lagged returns against current returns
Autocorrelation, which is IDOX Plc 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 IDOX Plc's stock expected returns. We can calculate the autocorrelation of IDOX Plc returns to help us make a trade decision. For example, suppose you find that IDOX Plc 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 |
IDOX Plc 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 IDOX Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDOX Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDOX Plc stock over time.
Current vs Lagged Prices |
| Timeline |
IDOX Plc Lagged Returns
When evaluating IDOX Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDOX Plc stock have on its future price. IDOX Plc 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, IDOX Plc autocorrelation shows the relationship between IDOX Plc stock current value and its past values and can show if there is a momentum factor associated with investing in IDOX plc.
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.Additional Tools for IDOX Stock Analysis
When running IDOX Plc's price analysis, check to measure IDOX Plc'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 IDOX Plc is operating at the current time. Most of IDOX Plc's value examination focuses on studying past and present price action to predict the probability of IDOX Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDOX Plc's price. Additionally, you may evaluate how the addition of IDOX Plc to your portfolios can decrease your overall portfolio volatility.