Implanet (France) Market Value
| ALIMP Stock | EUR 0.11 0.01 8.33% |
| Symbol | Implanet |
Implanet '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 Implanet's 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 Implanet.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Implanet on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Implanet SA or generate 0.0% return on investment in Implanet over 720 days. Implanet is related to or competes with Neovacs SA, and Spineguard. Implanet S.A. provides various spine, knee, and arthroscopy orthopedic implants in France, the United States, Brazil, an... More
Implanet 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 Implanet's 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 Implanet SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.26 | |||
| Information Ratio | 0.0171 | |||
| Maximum Drawdown | 26.52 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Implanet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Implanet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Implanet's standard deviation. In reality, there are many statistical measures that can use Implanet historical prices to predict the future Implanet's volatility.| Risk Adjusted Performance | 0.0289 | |||
| Jensen Alpha | 0.1132 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0109 | |||
| Treynor Ratio | 0.3656 |
Implanet SA Backtested Returns
Implanet SA holds Efficiency (Sharpe) Ratio of -5.0E-4, which attests that the entity had a -5.0E-4% return per unit of risk over the last 3 months. Implanet SA exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Implanet's Risk Adjusted Performance of 0.0289, market risk adjusted performance of 0.3756, and Downside Deviation of 8.26 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Implanet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Implanet is expected to be smaller as well. At this point, Implanet SA has a negative expected return of -0.0027%. Please make sure to check out Implanet's treynor ratio and the relationship between the semi variance and price action indicator , to decide if Implanet SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Implanet SA has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Implanet time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Implanet SA price movement. The serial correlation of -0.73 indicates that around 73.0% of current Implanet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Implanet SA lagged returns against current returns
Autocorrelation, which is Implanet 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 Implanet's stock expected returns. We can calculate the autocorrelation of Implanet returns to help us make a trade decision. For example, suppose you find that Implanet 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 |
Implanet 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 Implanet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Implanet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Implanet stock over time.
Current vs Lagged Prices |
| Timeline |
Implanet Lagged Returns
When evaluating Implanet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Implanet stock have on its future price. Implanet 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, Implanet autocorrelation shows the relationship between Implanet stock current value and its past values and can show if there is a momentum factor associated with investing in Implanet SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Implanet Stock Analysis
When running Implanet's price analysis, check to measure Implanet's 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 Implanet is operating at the current time. Most of Implanet's value examination focuses on studying past and present price action to predict the probability of Implanet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Implanet's price. Additionally, you may evaluate how the addition of Implanet to your portfolios can decrease your overall portfolio volatility.