Itaconix Plc (UK) Market Value
| ITX Stock | 128.50 1.00 0.78% |
| Symbol | Itaconix |
Itaconix 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 Itaconix 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 Itaconix Plc.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Itaconix Plc on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Itaconix plc or generate 0.0% return on investment in Itaconix Plc over 90 days. Itaconix Plc is related to or competes with Pan American, IShares Physical, Global Net, AfriTin Mining, Ecofin Global, Lindsell Train, and Caledonia Mining. Itaconix Plc is entity of United Kingdom More
Itaconix 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 Itaconix 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 Itaconix plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.18 | |||
| Information Ratio | 0.0486 | |||
| Maximum Drawdown | 19.25 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 5.0 |
Itaconix Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itaconix Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Itaconix Plc's standard deviation. In reality, there are many statistical measures that can use Itaconix Plc historical prices to predict the future Itaconix Plc's volatility.| Risk Adjusted Performance | 0.0971 | |||
| Jensen Alpha | 0.1995 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.034 | |||
| Treynor Ratio | 0.485 |
Itaconix plc Backtested Returns
Itaconix Plc appears to be very steady, given 3 months investment horizon. Itaconix plc holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Itaconix plc, which you can use to evaluate the volatility of the firm. Please utilize Itaconix Plc's Market Risk Adjusted Performance of 0.495, downside deviation of 4.18, and Risk Adjusted Performance of 0.0971 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Itaconix Plc holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Itaconix Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Itaconix Plc is expected to be smaller as well. Please check Itaconix Plc's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Itaconix Plc's current trending patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Itaconix plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Itaconix Plc 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 Itaconix plc price movement. The serial correlation of -0.2 indicates that over 20.0% of current Itaconix Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 149.28 |
Itaconix plc lagged returns against current returns
Autocorrelation, which is Itaconix 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 Itaconix Plc's stock expected returns. We can calculate the autocorrelation of Itaconix Plc returns to help us make a trade decision. For example, suppose you find that Itaconix 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 |
Itaconix 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 Itaconix Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Itaconix Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Itaconix Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Itaconix Plc Lagged Returns
When evaluating Itaconix Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Itaconix Plc stock have on its future price. Itaconix 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, Itaconix Plc autocorrelation shows the relationship between Itaconix Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Itaconix 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.Other Information on Investing in Itaconix Stock
Itaconix Plc financial ratios help investors to determine whether Itaconix 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 Itaconix with respect to the benefits of owning Itaconix Plc security.