Intermetro Communications Stock Market Value
IMTO Stock | USD 0 0.00 0.00% |
Symbol | InterMetro |
InterMetro Communications '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 InterMetro Communications' pink sheet 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 InterMetro Communications.
05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in InterMetro Communications on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding InterMetro Communications or generate 0.0% return on investment in InterMetro Communications over 720 days. InterMetro Communications is related to or competes with Radcom, FingerMotion, KORE Group, Consolidated Communications, Grupo Televisa, Orange SA, and Telefonica Brasil. InterMetro Communications, Inc. provides voice and data communication services in the United States More
InterMetro Communications 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 InterMetro Communications' pink sheet 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 InterMetro Communications upside and downside potential and time the market with a certain degree of confidence.
InterMetro Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for InterMetro Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InterMetro Communications' standard deviation. In reality, there are many statistical measures that can use InterMetro Communications historical prices to predict the future InterMetro Communications' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of InterMetro Communications' 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.
InterMetro Communications Backtested Returns
We have found three technical indicators for InterMetro Communications, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and InterMetro Communications are completely uncorrelated.
Auto-correlation | -0.44 |
Modest reverse predictability
InterMetro Communications has modest reverse predictability. Overlapping area represents the amount of predictability between InterMetro Communications time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 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 InterMetro Communications price movement. The serial correlation of -0.44 indicates that just about 44.0% of current InterMetro Communications price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.44 | |
Spearman Rank Test | 0.15 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
InterMetro Communications lagged returns against current returns
Autocorrelation, which is InterMetro Communications pink sheet'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 InterMetro Communications' pink sheet expected returns. We can calculate the autocorrelation of InterMetro Communications returns to help us make a trade decision. For example, suppose you find that InterMetro Communications has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
InterMetro Communications 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 InterMetro Communications pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InterMetro Communications pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InterMetro Communications pink sheet over time.
Current vs Lagged Prices |
Timeline |
InterMetro Communications Lagged Returns
When evaluating InterMetro Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InterMetro Communications pink sheet have on its future price. InterMetro Communications 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, InterMetro Communications autocorrelation shows the relationship between InterMetro Communications pink sheet current value and its past values and can show if there is a momentum factor associated with investing in InterMetro Communications.
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 InterMetro Communications 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, InterMetro Communications' short interest history, or implied volatility extrapolated from InterMetro Communications options trading.
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Complementary Tools for InterMetro Pink Sheet analysis
When running InterMetro Communications' price analysis, check to measure InterMetro Communications' 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 InterMetro Communications is operating at the current time. Most of InterMetro Communications' value examination focuses on studying past and present price action to predict the probability of InterMetro Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InterMetro Communications' price. Additionally, you may evaluate how the addition of InterMetro Communications to your portfolios can decrease your overall portfolio volatility.
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InterMetro Communications technical pink sheet 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, pink sheet market cycles, or different charting patterns.