Iluka Resources Limited Stock Market Value
| ILKAF Stock | USD 4.53 0.03 0.66% |
| Symbol | Iluka |
Iluka Resources '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 Iluka Resources' 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 Iluka Resources.
| 04/02/2024 |
| 01/22/2026 |
If you would invest 0.00 in Iluka Resources on April 2, 2024 and sell it all today you would earn a total of 0.00 from holding Iluka Resources Limited or generate 0.0% return on investment in Iluka Resources over 660 days. Iluka Resources is related to or competes with South32 ADR, Deterra Royalties, Eramet SA, ERAMET SA, Hyperion Metals, Robertet, and China BlueChemical. Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitati... More
Iluka Resources 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 Iluka Resources' 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 Iluka Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 23.78 | |||
| Value At Risk | (6.58) | |||
| Potential Upside | 6.93 |
Iluka Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iluka Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iluka Resources' standard deviation. In reality, there are many statistical measures that can use Iluka Resources historical prices to predict the future Iluka Resources' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.3269 |
Iluka Resources Backtested Returns
Iluka Resources holds Efficiency (Sharpe) Ratio of -0.0298, which attests that the entity had a -0.0298 % return per unit of risk over the last 3 months. Iluka Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iluka Resources' Standard Deviation of 4.05, market risk adjusted performance of 0.3369, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Iluka Resources are expected to decrease at a much lower rate. During the bear market, Iluka Resources is likely to outperform the market. At this point, Iluka Resources has a negative expected return of -0.11%. Please make sure to check out Iluka Resources' skewness, as well as the relationship between the daily balance of power and day typical price , to decide if Iluka Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Iluka Resources Limited has insignificant predictability. Overlapping area represents the amount of predictability between Iluka Resources time series from 2nd of April 2024 to 26th of February 2025 and 26th of February 2025 to 22nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Iluka Resources price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Iluka Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Iluka Resources lagged returns against current returns
Autocorrelation, which is Iluka Resources 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 Iluka Resources' pink sheet expected returns. We can calculate the autocorrelation of Iluka Resources returns to help us make a trade decision. For example, suppose you find that Iluka Resources 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 |
Iluka Resources 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 Iluka Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iluka Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iluka Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Iluka Resources Lagged Returns
When evaluating Iluka Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iluka Resources pink sheet have on its future price. Iluka Resources 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, Iluka Resources autocorrelation shows the relationship between Iluka Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Iluka Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Iluka Pink Sheet
Iluka Resources financial ratios help investors to determine whether Iluka Pink Sheet 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 Iluka with respect to the benefits of owning Iluka Resources security.