Intermap Technologies Corp Stock Market Value
| IMP Stock | CAD 0.63 0.01 1.56% |
| Symbol | Intermap |
Intermap Technologies Price To Book Ratio
Intermap Technologies '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 Intermap Technologies' 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 Intermap Technologies.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Intermap Technologies on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Intermap Technologies Corp or generate 0.0% return on investment in Intermap Technologies over 30 days. Intermap Technologies is related to or competes with Cielo Waste, and ESE Entertainment. Intermap Technologies Corporation, a geospatial information company, provides geospatial solutions and analytics in the ... More
Intermap Technologies 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 Intermap Technologies' 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 Intermap Technologies Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.0 | |||
| Information Ratio | 0.0255 | |||
| Maximum Drawdown | 39.37 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 9.64 |
Intermap Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intermap Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intermap Technologies' standard deviation. In reality, there are many statistical measures that can use Intermap Technologies historical prices to predict the future Intermap Technologies' volatility.| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | 0.1575 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.035 | |||
| Treynor Ratio | 0.2831 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intermap Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intermap Technologies Backtested Returns
Intermap Technologies holds Efficiency (Sharpe) Ratio of -0.0993, which attests that the entity had a -0.0993% return per unit of risk over the last 3 months. Intermap Technologies exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intermap Technologies' Risk Adjusted Performance of 0.0356, market risk adjusted performance of 0.2931, and Downside Deviation of 4.0 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Intermap Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Intermap Technologies is expected to be smaller as well. Intermap Technologies has an expected return of -0.37%. Please make sure to check out Intermap Technologies value at risk and the relationship between the expected short fall and market facilitation index , to decide if Intermap Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Intermap Technologies Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Intermap Technologies time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Intermap Technologies price movement. The serial correlation of -0.73 indicates that around 73.0% of current Intermap Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Intermap Technologies lagged returns against current returns
Autocorrelation, which is Intermap Technologies 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 Intermap Technologies' stock expected returns. We can calculate the autocorrelation of Intermap Technologies returns to help us make a trade decision. For example, suppose you find that Intermap Technologies 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 |
Intermap Technologies 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 Intermap Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intermap Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intermap Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Intermap Technologies Lagged Returns
When evaluating Intermap Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intermap Technologies stock have on its future price. Intermap Technologies 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, Intermap Technologies autocorrelation shows the relationship between Intermap Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Intermap Technologies Corp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Intermap Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Intermap Technologies' short interest history, or implied volatility extrapolated from Intermap Technologies options trading.
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Complementary Tools for Intermap Stock analysis
When running Intermap Technologies' price analysis, check to measure Intermap Technologies' 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 Intermap Technologies is operating at the current time. Most of Intermap Technologies' value examination focuses on studying past and present price action to predict the probability of Intermap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intermap Technologies' price. Additionally, you may evaluate how the addition of Intermap Technologies to your portfolios can decrease your overall portfolio volatility.
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Intermap Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.