Impax Asset's market value is the price at which a share of Impax Asset trades on a public exchange. It measures the collective expectations of Impax Asset Management investors about its performance. Impax Asset is trading at 192.40 as of the 6th of July 2025, a 2.89 percent increase since the beginning of the trading day. The stock's lowest day price was 187.28. With this module, you can estimate the performance of a buy and hold strategy of Impax Asset Management and determine expected loss or profit from investing in Impax Asset over a given investment horizon. Check out Impax Asset Correlation, Impax Asset Volatility and Impax Asset Alpha and Beta module to complement your research on Impax Asset.
Please note, there is a significant difference between Impax Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Impax Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impax Asset'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.
Impax Asset '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 Impax Asset'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 Impax Asset.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Impax Asset'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 Impax Asset Management upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impax Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impax Asset's standard deviation. In reality, there are many statistical measures that can use Impax Asset historical prices to predict the future Impax Asset's volatility.
Impax Asset appears to be very steady, given 3 months investment horizon. Impax Asset Management holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Impax Asset Management, which you can use to evaluate the volatility of the firm. Please utilize Impax Asset's Downside Deviation of 4.62, risk adjusted performance of 0.0898, and Market Risk Adjusted Performance of 0.2728 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Impax Asset holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Impax Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Impax Asset is expected to be smaller as well. Please check Impax Asset's sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether Impax Asset's current trending patterns will revert.
Auto-correlation
0.27
Poor predictability
Impax Asset Management has poor predictability. Overlapping area represents the amount of predictability between Impax Asset time series from 7th of April 2025 to 22nd of May 2025 and 22nd of May 2025 to 6th 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 Impax Asset Management price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Impax Asset price fluctuation can be explain by its past prices.
Correlation Coefficient
0.27
Spearman Rank Test
0.33
Residual Average
0.0
Price Variance
22.71
Impax Asset Management lagged returns against current returns
Autocorrelation, which is Impax Asset 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 Impax Asset's stock expected returns. We can calculate the autocorrelation of Impax Asset returns to help us make a trade decision. For example, suppose you find that Impax Asset 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
Impax Asset 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 Impax Asset stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impax Asset stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impax Asset stock over time.
Current vs Lagged Prices
Timeline
Impax Asset Lagged Returns
When evaluating Impax Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impax Asset stock have on its future price. Impax Asset 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, Impax Asset autocorrelation shows the relationship between Impax Asset stock current value and its past values and can show if there is a momentum factor associated with investing in Impax Asset Management.
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.
Impax Asset financial ratios help investors to determine whether Impax 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 Impax with respect to the benefits of owning Impax Asset security.