Interlife General (Greece) Market Value
| INLIF Stock | 4.32 0.04 0.93% |
| Symbol | Interlife |
Interlife General '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 Interlife General'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 Interlife General.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Interlife General on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Interlife General Insurance or generate 0.0% return on investment in Interlife General over 90 days. Interlife General is related to or competes with Admie Holding, Coca Cola, Quest Holdings, Motor Oil, and Athens Water. More
Interlife General 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 Interlife General'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 Interlife General Insurance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 6.76 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.44 |
Interlife General Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Interlife General's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interlife General's standard deviation. In reality, there are many statistical measures that can use Interlife General historical prices to predict the future Interlife General's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (1.03) |
Interlife General Backtested Returns
Interlife General holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. Interlife General exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Interlife General's Market Risk Adjusted Performance of (1.02), standard deviation of 1.1, and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Interlife General's returns are expected to increase less than the market. However, during the bear market, the loss of holding Interlife General is expected to be smaller as well. At this point, Interlife General has a negative expected return of -0.19%. Please make sure to check out Interlife General's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Interlife General performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Interlife General Insurance has good predictability. Overlapping area represents the amount of predictability between Interlife General time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Interlife General price movement. The serial correlation of 0.68 indicates that around 68.0% of current Interlife General price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Interlife General lagged returns against current returns
Autocorrelation, which is Interlife General 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 Interlife General's stock expected returns. We can calculate the autocorrelation of Interlife General returns to help us make a trade decision. For example, suppose you find that Interlife General 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 |
Interlife General 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 Interlife General stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interlife General stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interlife General stock over time.
Current vs Lagged Prices |
| Timeline |
Interlife General Lagged Returns
When evaluating Interlife General's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interlife General stock have on its future price. Interlife General 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, Interlife General autocorrelation shows the relationship between Interlife General stock current value and its past values and can show if there is a momentum factor associated with investing in Interlife General Insurance.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Interlife Stock
Interlife General financial ratios help investors to determine whether Interlife 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 Interlife with respect to the benefits of owning Interlife General security.