Lyxor Ibex (Spain) Market Value
| IBEXA Etf | EUR 28.34 0.11 0.39% |
| Symbol | Lyxor |
Lyxor Ibex '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 Lyxor Ibex's etf 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 Lyxor Ibex.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Lyxor Ibex on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Lyxor Ibex 35 or generate 0.0% return on investment in Lyxor Ibex over 30 days. Lyxor Ibex is related to or competes with Accion IBEX, and Lyxor Ibex. The investment seeks to track the price and yield performance, before fees and expense, of the Ibex 35 Doble Apalancado ... More
Lyxor Ibex 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 Lyxor Ibex's etf 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 Lyxor Ibex 35 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.62 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.58 |
Lyxor Ibex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyxor Ibex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyxor Ibex's standard deviation. In reality, there are many statistical measures that can use Lyxor Ibex historical prices to predict the future Lyxor Ibex's volatility.| Risk Adjusted Performance | 0.0431 | |||
| Jensen Alpha | 0.1056 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.23) |
Lyxor Ibex 35 Backtested Returns
As of now, Lyxor Etf is very steady. Lyxor Ibex 35 has Sharpe Ratio of 0.0503, which conveys that the entity had a 0.0503% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lyxor Ibex, which you can use to evaluate the volatility of the etf. Please verify Lyxor Ibex's Risk Adjusted Performance of 0.0431, mean deviation of 1.18, and Downside Deviation of 1.83 to check out if the risk estimate we provide is consistent with the expected return of 0.0789%. The etf secures a Beta (Market Risk) of -0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lyxor Ibex are expected to decrease at a much lower rate. During the bear market, Lyxor Ibex is likely to outperform the market.
Auto-correlation | 0.09 |
Virtually no predictability
Lyxor Ibex 35 has virtually no predictability. Overlapping area represents the amount of predictability between Lyxor Ibex time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Lyxor Ibex 35 price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Lyxor Ibex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Lyxor Ibex 35 lagged returns against current returns
Autocorrelation, which is Lyxor Ibex etf'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 Lyxor Ibex's etf expected returns. We can calculate the autocorrelation of Lyxor Ibex returns to help us make a trade decision. For example, suppose you find that Lyxor Ibex has exhibited high autocorrelation historically, and you observe that the etf 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 |
Lyxor Ibex 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 Lyxor Ibex etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyxor Ibex etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyxor Ibex etf over time.
Current vs Lagged Prices |
| Timeline |
Lyxor Ibex Lagged Returns
When evaluating Lyxor Ibex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyxor Ibex etf have on its future price. Lyxor Ibex 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, Lyxor Ibex autocorrelation shows the relationship between Lyxor Ibex etf current value and its past values and can show if there is a momentum factor associated with investing in Lyxor Ibex 35.
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 Lyxor Etf
Lyxor Ibex financial ratios help investors to determine whether Lyxor Etf 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 Lyxor with respect to the benefits of owning Lyxor Ibex security.