IOL Chemicals' market value is the price at which a share of IOL Chemicals trades on a public exchange. It measures the collective expectations of IOL Chemicals and investors about its performance. IOL Chemicals is selling at 407.55 as of the 2nd of January 2025; that is 2.16 percent decrease since the beginning of the trading day. The stock's open price was 416.55. With this module, you can estimate the performance of a buy and hold strategy of IOL Chemicals and and determine expected loss or profit from investing in IOL Chemicals over a given investment horizon. Check out IOL Chemicals Correlation, IOL Chemicals Volatility and IOL Chemicals Alpha and Beta module to complement your research on IOL Chemicals.
Please note, there is a significant difference between IOL Chemicals' value and its price as these two are different measures arrived at by different means. Investors typically determine if IOL Chemicals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IOL Chemicals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
IOL Chemicals '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 IOL Chemicals' 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 IOL Chemicals.
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01/13/2023
No Change 0.00
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In 1 year 11 months and 22 days
01/02/2025
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If you would invest 0.00 in IOL Chemicals on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding IOL Chemicals and or generate 0.0% return on investment in IOL Chemicals over 720 days. IOL Chemicals is related to or competes with HMT, KIOCL, Spentex Industries, Punjab Sind, ITI, and Raj Rayon. IOL Chemicals is entity of India. It is traded as Stock on NSE exchange. More
IOL Chemicals 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 IOL Chemicals' 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 IOL Chemicals and upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IOL Chemicals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IOL Chemicals' standard deviation. In reality, there are many statistical measures that can use IOL Chemicals historical prices to predict the future IOL Chemicals' volatility.
IOL Chemicals holds Efficiency (Sharpe) Ratio of -0.0517, which attests that the entity had a -0.0517% return per unit of risk over the last 3 months. IOL Chemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IOL Chemicals' Market Risk Adjusted Performance of (1.24), risk adjusted performance of (0.07), and Coefficient Of Variation of (1,045) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IOL Chemicals' returns are expected to increase less than the market. However, during the bear market, the loss of holding IOL Chemicals is expected to be smaller as well. At this point, IOL Chemicals has a negative expected return of -0.13%. Please make sure to check out IOL Chemicals' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if IOL Chemicals performance from the past will be repeated at future time.
Auto-correlation
0.13
Insignificant predictability
IOL Chemicals and has insignificant predictability. Overlapping area represents the amount of predictability between IOL Chemicals time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd of January 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 IOL Chemicals price movement. The serial correlation of 0.13 indicates that less than 13.0% of current IOL Chemicals price fluctuation can be explain by its past prices.
Correlation Coefficient
0.13
Spearman Rank Test
0.12
Residual Average
0.0
Price Variance
1254.58
IOL Chemicals lagged returns against current returns
Autocorrelation, which is IOL Chemicals 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 IOL Chemicals' stock expected returns. We can calculate the autocorrelation of IOL Chemicals returns to help us make a trade decision. For example, suppose you find that IOL Chemicals 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
IOL Chemicals 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 IOL Chemicals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IOL Chemicals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IOL Chemicals stock over time.
Current vs Lagged Prices
Timeline
IOL Chemicals Lagged Returns
When evaluating IOL Chemicals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IOL Chemicals stock have on its future price. IOL Chemicals 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, IOL Chemicals autocorrelation shows the relationship between IOL Chemicals stock current value and its past values and can show if there is a momentum factor associated with investing in IOL Chemicals and.
Regressed Prices
Timeline
Also Currently Popular
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.
IOL Chemicals financial ratios help investors to determine whether IOL 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 IOL with respect to the benefits of owning IOL Chemicals security.