INVOLYS (Morocco) Market Value
| INVOLYS Stock | 101.80 0.20 0.20% |
| Symbol | INVOLYS |
INVOLYS '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 INVOLYS'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 INVOLYS.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in INVOLYS on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding INVOLYS or generate 0.0% return on investment in INVOLYS over 90 days.
INVOLYS 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 INVOLYS'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 INVOLYS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.0 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.5 | |||
| Value At Risk | (5.23) | |||
| Potential Upside | 4.37 |
INVOLYS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INVOLYS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INVOLYS's standard deviation. In reality, there are many statistical measures that can use INVOLYS historical prices to predict the future INVOLYS's volatility.| Risk Adjusted Performance | 0.0132 | |||
| Jensen Alpha | 0.0216 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.11) |
INVOLYS Backtested Returns
Currently, INVOLYS is very steady. INVOLYS holds Efficiency (Sharpe) Ratio of 0.0081, which attests that the entity had a 0.0081% return per unit of volatility over the last 3 months. We have found thirty technical indicators for INVOLYS, which you can use to evaluate the volatility of the firm. Please check out INVOLYS's risk adjusted performance of 0.0132, and Market Risk Adjusted Performance of (0.1) to validate if the risk estimate we provide is consistent with the expected return of 0.0205%. The company retains a Market Volatility (i.e., Beta) of -0.0966, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning INVOLYS are expected to decrease at a much lower rate. During the bear market, INVOLYS is likely to outperform the market. INVOLYS currently retains a risk of 2.53%. Please check out INVOLYS potential upside, as well as the relationship between the kurtosis and day typical price , to decide if INVOLYS will be following its current trending patterns.
Auto-correlation | 0.17 |
Very weak predictability
INVOLYS has very weak predictability. Overlapping area represents the amount of predictability between INVOLYS time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 INVOLYS price movement. The serial correlation of 0.17 indicates that over 17.0% of current INVOLYS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 4.97 |
INVOLYS lagged returns against current returns
Autocorrelation, which is INVOLYS 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 INVOLYS's stock expected returns. We can calculate the autocorrelation of INVOLYS returns to help us make a trade decision. For example, suppose you find that INVOLYS 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 |
INVOLYS 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 INVOLYS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INVOLYS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INVOLYS stock over time.
Current vs Lagged Prices |
| Timeline |
INVOLYS Lagged Returns
When evaluating INVOLYS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INVOLYS stock have on its future price. INVOLYS 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, INVOLYS autocorrelation shows the relationship between INVOLYS stock current value and its past values and can show if there is a momentum factor associated with investing in INVOLYS.
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.Additional Tools for INVOLYS Stock Analysis
When running INVOLYS's price analysis, check to measure INVOLYS'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 INVOLYS is operating at the current time. Most of INVOLYS's value examination focuses on studying past and present price action to predict the probability of INVOLYS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INVOLYS's price. Additionally, you may evaluate how the addition of INVOLYS to your portfolios can decrease your overall portfolio volatility.