IKloukinas ILappas (Greece) Market Value
| KLM Stock | EUR 1.49 0.01 0.67% |
| Symbol | IKloukinas |
IKloukinas ILappas '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 IKloukinas ILappas' 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 IKloukinas ILappas.
| 10/26/2024 |
| 01/24/2025 |
If you would invest 0.00 in IKloukinas ILappas on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding IKloukinas ILappas SA or generate 0.0% return on investment in IKloukinas ILappas over 90 days. IKloukinas ILappas is related to or competes with National Bank, Thrace Plastics, Profile Systems, As Commercial, Daios Plastics, and Logismos Information. I.Kloukinas-I.Lappas S.A. engages in the commerce and construction businesses in Greece More
IKloukinas ILappas 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 IKloukinas ILappas' 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 IKloukinas ILappas SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.52 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.03 |
IKloukinas ILappas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IKloukinas ILappas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IKloukinas ILappas' standard deviation. In reality, there are many statistical measures that can use IKloukinas ILappas historical prices to predict the future IKloukinas ILappas' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.1955 |
IKloukinas ILappas Backtested Returns
IKloukinas ILappas holds Efficiency (Sharpe) Ratio of -0.0394, which attests that the entity had a -0.0394 % return per unit of risk over the last 3 months. IKloukinas ILappas exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IKloukinas ILappas' Risk Adjusted Performance of (0.03), standard deviation of 1.24, and Market Risk Adjusted Performance of 0.2055 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IKloukinas ILappas are expected to decrease at a much lower rate. During the bear market, IKloukinas ILappas is likely to outperform the market. At this point, IKloukinas ILappas has a negative expected return of -0.0489%. Please make sure to check out IKloukinas ILappas' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if IKloukinas ILappas performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
IKloukinas ILappas SA has average predictability. Overlapping area represents the amount of predictability between IKloukinas ILappas time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th 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 IKloukinas ILappas price movement. The serial correlation of 0.48 indicates that about 48.0% of current IKloukinas ILappas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
IKloukinas ILappas lagged returns against current returns
Autocorrelation, which is IKloukinas ILappas 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 IKloukinas ILappas' stock expected returns. We can calculate the autocorrelation of IKloukinas ILappas returns to help us make a trade decision. For example, suppose you find that IKloukinas ILappas 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 |
IKloukinas ILappas 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 IKloukinas ILappas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IKloukinas ILappas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IKloukinas ILappas stock over time.
Current vs Lagged Prices |
| Timeline |
IKloukinas ILappas Lagged Returns
When evaluating IKloukinas ILappas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IKloukinas ILappas stock have on its future price. IKloukinas ILappas 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, IKloukinas ILappas autocorrelation shows the relationship between IKloukinas ILappas stock current value and its past values and can show if there is a momentum factor associated with investing in IKloukinas ILappas SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for IKloukinas Stock Analysis
When running IKloukinas ILappas' price analysis, check to measure IKloukinas ILappas' 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 IKloukinas ILappas is operating at the current time. Most of IKloukinas ILappas' value examination focuses on studying past and present price action to predict the probability of IKloukinas ILappas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IKloukinas ILappas' price. Additionally, you may evaluate how the addition of IKloukinas ILappas to your portfolios can decrease your overall portfolio volatility.