ELI LILLY AND Market Value
| 532457BY3 | 65.14 9.13 16.30% |
| Symbol | 532457BY3 |
532457BY3 '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 532457BY3's bond 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 532457BY3.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in 532457BY3 on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding ELI LILLY AND or generate 0.0% return on investment in 532457BY3 over 30 days. 532457BY3 is related to or competes with Neogen, Artisan Partners, Dominos Pizza, Bank of New York, Dennys Corp, and Catalyst Pharmaceuticals. More
532457BY3 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 532457BY3's bond 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 ELI LILLY AND upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0614 | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 2.95 |
532457BY3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 532457BY3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 532457BY3's standard deviation. In reality, there are many statistical measures that can use 532457BY3 historical prices to predict the future 532457BY3's volatility.| Risk Adjusted Performance | 0.0749 | |||
| Jensen Alpha | 0.2167 | |||
| Total Risk Alpha | 0.0807 | |||
| Sortino Ratio | 0.1458 | |||
| Treynor Ratio | (0.34) |
ELI LILLY AND Backtested Returns
532457BY3 appears to be very steady, given 3 months investment horizon. ELI LILLY AND secures Sharpe Ratio (or Efficiency) of 0.0802, which signifies that the bond had a 0.0802 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for ELI LILLY AND, which you can use to evaluate the volatility of the entity. Please makes use of 532457BY3's Mean Deviation of 1.24, standard deviation of 2.56, and Downside Deviation of 1.08 to double-check if our risk estimates are consistent with your expectations. The bond shows a Beta (market volatility) of -0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 532457BY3 are expected to decrease at a much lower rate. During the bear market, 532457BY3 is likely to outperform the market.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
ELI LILLY AND has almost perfect reverse predictability. Overlapping area represents the amount of predictability between 532457BY3 time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 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 ELI LILLY AND price movement. The serial correlation of -0.79 indicates that around 79.0% of current 532457BY3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
ELI LILLY AND lagged returns against current returns
Autocorrelation, which is 532457BY3 bond'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 532457BY3's bond expected returns. We can calculate the autocorrelation of 532457BY3 returns to help us make a trade decision. For example, suppose you find that 532457BY3 has exhibited high autocorrelation historically, and you observe that the bond 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 |
532457BY3 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 532457BY3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 532457BY3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 532457BY3 bond over time.
Current vs Lagged Prices |
| Timeline |
532457BY3 Lagged Returns
When evaluating 532457BY3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 532457BY3 bond have on its future price. 532457BY3 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, 532457BY3 autocorrelation shows the relationship between 532457BY3 bond current value and its past values and can show if there is a momentum factor associated with investing in ELI LILLY 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.Other Information on Investing in 532457BY3 Bond
532457BY3 financial ratios help investors to determine whether 532457BY3 Bond 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 532457BY3 with respect to the benefits of owning 532457BY3 security.