International Frontier Resources Stock Market Value
| IFR Stock | CAD 0.09 0.03 50.00% |
| Symbol | International |
International Frontier '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 International Frontier'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 International Frontier.
| 02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in International Frontier on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding International Frontier Resources or generate 0.0% return on investment in International Frontier over 60 days. International Frontier is related to or competes with Globex Mining, High Liner, First National, Industrial Alliance, Canso Credit, Royal Bank, and Evolve Banks. International Frontier Resources Corporation acquires, develops, exploits, and produces oil and natural gas reserves More
International Frontier 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 International Frontier'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 International Frontier Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.13 | |||
| Information Ratio | 0.0979 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
International Frontier Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Frontier's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Frontier's standard deviation. In reality, there are many statistical measures that can use International Frontier historical prices to predict the future International Frontier's volatility.| Risk Adjusted Performance | 0.0742 | |||
| Jensen Alpha | 1.06 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | 0.4452 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Frontier's 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.
International Frontier Backtested Returns
International Frontier is out of control given 3 months investment horizon. International Frontier holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.52% are justified by taking the suggested risk. Use International Frontier Resources Downside Deviation of 17.13, risk adjusted performance of 0.0742, and Market Risk Adjusted Performance of 0.4552 to evaluate company specific risk that cannot be diversified away. International Frontier holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.91, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, International Frontier will likely underperform. Use International Frontier Resources value at risk and the relationship between the expected short fall and market facilitation index , to analyze future returns on International Frontier Resources.
Auto-correlation | -0.29 |
Weak reverse predictability
International Frontier Resources has weak reverse predictability. Overlapping area represents the amount of predictability between International Frontier time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 2024 to 23rd 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 International Frontier price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current International Frontier price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
International Frontier lagged returns against current returns
Autocorrelation, which is International Frontier 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 International Frontier's stock expected returns. We can calculate the autocorrelation of International Frontier returns to help us make a trade decision. For example, suppose you find that International Frontier 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 |
International Frontier 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 International Frontier stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Frontier stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Frontier stock over time.
Current vs Lagged Prices |
| Timeline |
International Frontier Lagged Returns
When evaluating International Frontier's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Frontier stock have on its future price. International Frontier 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, International Frontier autocorrelation shows the relationship between International Frontier stock current value and its past values and can show if there is a momentum factor associated with investing in International Frontier Resources.
Regressed Prices |
| Timeline |
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When running International Frontier's price analysis, check to measure International Frontier'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 International Frontier is operating at the current time. Most of International Frontier's value examination focuses on studying past and present price action to predict the probability of International Frontier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Frontier's price. Additionally, you may evaluate how the addition of International Frontier to your portfolios can decrease your overall portfolio volatility.
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International Frontier 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.