Interwood Xylemporia (Greece) Market Value
| XYLEK Stock | EUR 0.26 0.01 4.00% |
| Symbol | Interwood |
Interwood Xylemporia '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 Interwood Xylemporia'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 Interwood Xylemporia.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Interwood Xylemporia on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Interwood Xylemporia ATENE or generate 0.0% return on investment in Interwood Xylemporia over 30 days. Interwood Xylemporia is related to or competes with National Bank, N Leventeris, Eurobank Ergasias, Vogiatzoglou Systems, Alpha Trust, Thessaloniki Port, and Gr Sarantis. Interwood-Xylemporia A.T.E.N.E. engages in the manufacturing and trading of wood products in Greece More
Interwood Xylemporia 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 Interwood Xylemporia'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 Interwood Xylemporia ATENE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.99 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 4.0 |
Interwood Xylemporia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Interwood Xylemporia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interwood Xylemporia's standard deviation. In reality, there are many statistical measures that can use Interwood Xylemporia historical prices to predict the future Interwood Xylemporia's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (1.57) |
Interwood Xylemporia Backtested Returns
Interwood Xylemporia holds Efficiency (Sharpe) Ratio of -0.014, which attests that the entity had a -0.014% return per unit of risk over the last 3 months. Interwood Xylemporia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Interwood Xylemporia's Standard Deviation of 2.28, insignificant risk adjusted performance, and Market Risk Adjusted Performance of (1.56) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0265, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Interwood Xylemporia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Interwood Xylemporia is expected to be smaller as well. At this point, Interwood Xylemporia has a negative expected return of -0.0322%. Please make sure to check out Interwood Xylemporia's potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Interwood Xylemporia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.04 |
Very weak reverse predictability
Interwood Xylemporia ATENE has very weak reverse predictability. Overlapping area represents the amount of predictability between Interwood Xylemporia 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 Interwood Xylemporia price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Interwood Xylemporia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Interwood Xylemporia lagged returns against current returns
Autocorrelation, which is Interwood Xylemporia 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 Interwood Xylemporia's stock expected returns. We can calculate the autocorrelation of Interwood Xylemporia returns to help us make a trade decision. For example, suppose you find that Interwood Xylemporia 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 |
Interwood Xylemporia 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 Interwood Xylemporia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interwood Xylemporia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interwood Xylemporia stock over time.
Current vs Lagged Prices |
| Timeline |
Interwood Xylemporia Lagged Returns
When evaluating Interwood Xylemporia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interwood Xylemporia stock have on its future price. Interwood Xylemporia 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, Interwood Xylemporia autocorrelation shows the relationship between Interwood Xylemporia stock current value and its past values and can show if there is a momentum factor associated with investing in Interwood Xylemporia ATENE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Interwood Stock
Interwood Xylemporia financial ratios help investors to determine whether Interwood 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 Interwood with respect to the benefits of owning Interwood Xylemporia security.