Iktinos Hellas (Greece) Market Value
| IKTIN Stock | EUR 0.36 0.01 2.70% |
| Symbol | Iktinos |
Iktinos Hellas '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 Iktinos Hellas' 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 Iktinos Hellas.
| 03/13/2023 |
| 03/02/2025 |
If you would invest 0.00 in Iktinos Hellas on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Iktinos Hellas SA or generate 0.0% return on investment in Iktinos Hellas over 720 days. Iktinos Hellas is related to or competes with Hellenic Petroleum, Motor Oil, Hellenic Exchanges, Athens Water, and Aegean Airlines. Greek Marble Industry Technical and Touristic Company quarries, cuts, and processes marbles in Greece, the Euro Area, an... More
Iktinos Hellas 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 Iktinos Hellas' 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 Iktinos Hellas SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.22 | |||
| Information Ratio | 0.1553 | |||
| Maximum Drawdown | 12.38 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 5.88 |
Iktinos Hellas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iktinos Hellas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iktinos Hellas' standard deviation. In reality, there are many statistical measures that can use Iktinos Hellas historical prices to predict the future Iktinos Hellas' volatility.| Risk Adjusted Performance | 0.1178 | |||
| Jensen Alpha | 0.3612 | |||
| Total Risk Alpha | 0.458 | |||
| Sortino Ratio | 0.1244 | |||
| Treynor Ratio | (0.53) |
Iktinos Hellas SA Backtested Returns
Iktinos Hellas appears to be abnormally volatile, given 3 months investment horizon. Iktinos Hellas SA holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Iktinos Hellas SA, which you can use to evaluate the volatility of the firm. Please utilize Iktinos Hellas' Risk Adjusted Performance of 0.1178, downside deviation of 3.22, and Market Risk Adjusted Performance of (0.52) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Iktinos Hellas holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Iktinos Hellas are expected to decrease at a much lower rate. During the bear market, Iktinos Hellas is likely to outperform the market. Please check Iktinos Hellas' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Iktinos Hellas' current trending patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Iktinos Hellas SA has modest predictability. Overlapping area represents the amount of predictability between Iktinos Hellas time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Iktinos Hellas SA price movement. The serial correlation of 0.55 indicates that about 55.0% of current Iktinos Hellas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Iktinos Hellas SA lagged returns against current returns
Autocorrelation, which is Iktinos Hellas 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 Iktinos Hellas' stock expected returns. We can calculate the autocorrelation of Iktinos Hellas returns to help us make a trade decision. For example, suppose you find that Iktinos Hellas 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 |
Iktinos Hellas 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 Iktinos Hellas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iktinos Hellas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iktinos Hellas stock over time.
Current vs Lagged Prices |
| Timeline |
Iktinos Hellas Lagged Returns
When evaluating Iktinos Hellas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iktinos Hellas stock have on its future price. Iktinos Hellas 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, Iktinos Hellas autocorrelation shows the relationship between Iktinos Hellas stock current value and its past values and can show if there is a momentum factor associated with investing in Iktinos Hellas SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Iktinos Stock
Iktinos Hellas financial ratios help investors to determine whether Iktinos 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 Iktinos with respect to the benefits of owning Iktinos Hellas security.