Invion (Germany) Market Value
| 7C8 Stock | EUR 0.15 0.01 6.25% |
| Symbol | Invion |
Invion '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 Invion'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 Invion.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Invion on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Invion Limited or generate 0.0% return on investment in Invion over 30 days. Invion is related to or competes with DISTRICT METALS, Zijin Mining, Jacquet Metal, HF FOODS, Dairy Farm, Perseus Mining, and Harmony Gold. Invion Limited, a clinical-stage drug development company, develops treatments for inflammatory diseases in Australia an... More
Invion 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 Invion'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 Invion Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 41.36 | |||
| Information Ratio | 0.1342 | |||
| Maximum Drawdown | 990.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 78.57 |
Invion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invion's standard deviation. In reality, there are many statistical measures that can use Invion historical prices to predict the future Invion's volatility.| Risk Adjusted Performance | 0.1165 | |||
| Jensen Alpha | 13.93 | |||
| Total Risk Alpha | 12.37 | |||
| Sortino Ratio | 0.3774 | |||
| Treynor Ratio | 0.2036 |
Invion Limited Backtested Returns
Invion is out of control given 3 months investment horizon. Invion Limited holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 15.64% are justified by taking the suggested risk. Use Invion Limited Market Risk Adjusted Performance of 0.2136, downside deviation of 41.36, and Risk Adjusted Performance of 0.1165 to evaluate company specific risk that cannot be diversified away. Invion holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 76.78, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Invion will likely underperform. Use Invion Limited jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Invion Limited.
Auto-correlation | -0.29 |
Weak reverse predictability
Invion Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Invion time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 Invion Limited price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Invion price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invion Limited lagged returns against current returns
Autocorrelation, which is Invion 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 Invion's stock expected returns. We can calculate the autocorrelation of Invion returns to help us make a trade decision. For example, suppose you find that Invion 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 |
Invion 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 Invion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invion stock over time.
Current vs Lagged Prices |
| Timeline |
Invion Lagged Returns
When evaluating Invion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invion stock have on its future price. Invion 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, Invion autocorrelation shows the relationship between Invion stock current value and its past values and can show if there is a momentum factor associated with investing in Invion Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Invion Stock
Invion financial ratios help investors to determine whether Invion 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 Invion with respect to the benefits of owning Invion security.