Ilyda SA (Greece) Market Value
| ILYDA Stock | EUR 1.74 0.01 0.57% |
| Symbol | Ilyda |
Ilyda SA '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 Ilyda SA'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 Ilyda SA.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Ilyda SA on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Ilyda SA or generate 0.0% return on investment in Ilyda SA over 660 days. Ilyda SA is related to or competes with Athens Water, Intracom Holdings, Admie Holding, Hellenic Petroleum, and Ekter SA. Ilyda SA develops software for industrialcraft businesses, public sector, commercial enterprises, and service providers ... More
Ilyda SA 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 Ilyda SA'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 Ilyda SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.94 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 4.57 |
Ilyda SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ilyda SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ilyda SA's standard deviation. In reality, there are many statistical measures that can use Ilyda SA historical prices to predict the future Ilyda SA's volatility.| Risk Adjusted Performance | 0.0211 | |||
| Jensen Alpha | 0.0524 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.21) |
Ilyda SA Backtested Returns
At this point, Ilyda SA is very risky. Ilyda SA holds Efficiency (Sharpe) Ratio of 0.035, which attests that the entity had a 0.035% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ilyda SA, which you can use to evaluate the volatility of the firm. Please check out Ilyda SA's Downside Deviation of 2.3, risk adjusted performance of 0.0211, and Market Risk Adjusted Performance of (0.20) to validate if the risk estimate we provide is consistent with the expected return of 0.0811%. Ilyda SA has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ilyda SA are expected to decrease at a much lower rate. During the bear market, Ilyda SA is likely to outperform the market. Ilyda SA right now retains a risk of 2.32%. Please check out Ilyda SA potential upside, accumulation distribution, price action indicator, as well as the relationship between the expected short fall and day median price , to decide if Ilyda SA will be following its current trending patterns.
Auto-correlation | 0.39 |
Below average predictability
Ilyda SA has below average predictability. Overlapping area represents the amount of predictability between Ilyda SA time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th of November 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 Ilyda SA price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Ilyda SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ilyda SA lagged returns against current returns
Autocorrelation, which is Ilyda SA 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 Ilyda SA's stock expected returns. We can calculate the autocorrelation of Ilyda SA returns to help us make a trade decision. For example, suppose you find that Ilyda SA 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 |
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Ilyda SA 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 Ilyda SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ilyda SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ilyda SA stock over time.
Current vs Lagged Prices |
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Ilyda SA Lagged Returns
When evaluating Ilyda SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ilyda SA stock have on its future price. Ilyda SA 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, Ilyda SA autocorrelation shows the relationship between Ilyda SA stock current value and its past values and can show if there is a momentum factor associated with investing in Ilyda SA.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Ilyda Stock
Ilyda SA financial ratios help investors to determine whether Ilyda Stock 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 Ilyda with respect to the benefits of owning Ilyda SA security.