Implanet (France) Market Value
| ALIMP Stock | EUR 0.12 0.01 7.69% |
| Symbol | Implanet |
Implanet '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 Implanet'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 Implanet.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in Implanet on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding Implanet SA or generate 0.0% return on investment in Implanet over 120 days. Implanet is related to or competes with Spineguard. Implanet S.A. provides various spine, knee, and arthroscopy orthopedic implants in France, the United States, Brazil, an... More
Implanet 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 Implanet'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 Implanet SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.26 | |||
| Information Ratio | 0.002 | |||
| Maximum Drawdown | 25.87 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Implanet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Implanet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Implanet's standard deviation. In reality, there are many statistical measures that can use Implanet historical prices to predict the future Implanet's volatility.| Risk Adjusted Performance | 0.0271 | |||
| Jensen Alpha | 7.0E-4 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0012 | |||
| Treynor Ratio | 0.104 |
Implanet SA Backtested Returns
Implanet appears to be out of control, given 3 months investment horizon. Implanet SA holds Efficiency (Sharpe) Ratio of 0.0509, which attests that the entity had a 0.0509% return per unit of risk over the last 3 months. We have found thirty technical indicators for Implanet SA, which you can use to evaluate the volatility of the firm. Please utilize Implanet's Market Risk Adjusted Performance of 0.114, downside deviation of 8.26, and Risk Adjusted Performance of 0.0271 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Implanet holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 1.09, which attests to a somewhat significant risk relative to the market. Implanet returns are very sensitive to returns on the market. As the market goes up or down, Implanet is expected to follow. Please check Implanet's treynor ratio and the relationship between the semi variance and price action indicator , to make a quick decision on whether Implanet's current trending patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Implanet SA has weak reverse predictability. Overlapping area represents the amount of predictability between Implanet time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th 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 Implanet SA price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Implanet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Implanet SA lagged returns against current returns
Autocorrelation, which is Implanet 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 Implanet's stock expected returns. We can calculate the autocorrelation of Implanet returns to help us make a trade decision. For example, suppose you find that Implanet 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 |
Implanet 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 Implanet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Implanet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Implanet stock over time.
Current vs Lagged Prices |
| Timeline |
Implanet Lagged Returns
When evaluating Implanet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Implanet stock have on its future price. Implanet 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, Implanet autocorrelation shows the relationship between Implanet stock current value and its past values and can show if there is a momentum factor associated with investing in Implanet SA.
Regressed Prices |
| Timeline |
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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 Implanet Stock Analysis
When running Implanet's price analysis, check to measure Implanet'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 Implanet is operating at the current time. Most of Implanet's value examination focuses on studying past and present price action to predict the probability of Implanet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Implanet's price. Additionally, you may evaluate how the addition of Implanet to your portfolios can decrease your overall portfolio volatility.