Elixinol Wellness (Australia) Market Value
| EXL Stock | 0.03 0 15.38% |
| Symbol | Elixinol |
Elixinol Wellness '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 Elixinol Wellness' 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 Elixinol Wellness.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Elixinol Wellness on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Elixinol Wellness Limited or generate 0.0% return on investment in Elixinol Wellness over 90 days. Elixinol Wellness is related to or competes with Cleanspace Holdings Ltd, Clime Investment, MFF Capital, Janison Education, Australian Agricultural, Navigator Global, and Carlton Investments. More
Elixinol Wellness 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 Elixinol Wellness' 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 Elixinol Wellness Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 35.9 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 10.26 |
Elixinol Wellness Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elixinol Wellness' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elixinol Wellness' standard deviation. In reality, there are many statistical measures that can use Elixinol Wellness historical prices to predict the future Elixinol Wellness' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | 0.456 | |||
| Treynor Ratio | (0.55) |
Elixinol Wellness Backtested Returns
Elixinol Wellness secures Sharpe Ratio (or Efficiency) of -0.055, which denotes the company had a -0.055 % return per unit of risk over the last 3 months. Elixinol Wellness Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elixinol Wellness' Variance of 44.04, standard deviation of 6.64, and Mean Deviation of 4.62 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elixinol Wellness' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elixinol Wellness is expected to be smaller as well. At this point, Elixinol Wellness has a negative expected return of -0.37%. Please make sure to confirm Elixinol Wellness' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Elixinol Wellness performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.04 |
Very weak reverse predictability
Elixinol Wellness Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Elixinol Wellness time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elixinol Wellness price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Elixinol Wellness price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Elixinol Wellness lagged returns against current returns
Autocorrelation, which is Elixinol Wellness 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 Elixinol Wellness' stock expected returns. We can calculate the autocorrelation of Elixinol Wellness returns to help us make a trade decision. For example, suppose you find that Elixinol Wellness 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 |
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Elixinol Wellness 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 Elixinol Wellness stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elixinol Wellness stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elixinol Wellness stock over time.
Current vs Lagged Prices |
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Elixinol Wellness Lagged Returns
When evaluating Elixinol Wellness' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elixinol Wellness stock have on its future price. Elixinol Wellness 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, Elixinol Wellness autocorrelation shows the relationship between Elixinol Wellness stock current value and its past values and can show if there is a momentum factor associated with investing in Elixinol Wellness Limited.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Elixinol Stock Analysis
When running Elixinol Wellness' price analysis, check to measure Elixinol Wellness' 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 Elixinol Wellness is operating at the current time. Most of Elixinol Wellness' value examination focuses on studying past and present price action to predict the probability of Elixinol Wellness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elixinol Wellness' price. Additionally, you may evaluate how the addition of Elixinol Wellness to your portfolios can decrease your overall portfolio volatility.