ID Logistics (France) Market Value
| IDL Stock | EUR 379.50 3.50 0.91% |
| Symbol | IDL |
ID Logistics '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 ID Logistics' 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 ID Logistics.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in ID Logistics on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding ID Logistics Group or generate 0.0% return on investment in ID Logistics over 30 days. ID Logistics is related to or competes with Interparfums, Stef SA, Virbac SA, Esker SA, and Trigano SA. It operates through two segments, France and International segments More
ID Logistics 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 ID Logistics' 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 ID Logistics Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.57 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.24 |
ID Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ID Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ID Logistics' standard deviation. In reality, there are many statistical measures that can use ID Logistics historical prices to predict the future ID Logistics' volatility.| Risk Adjusted Performance | 0.0182 | |||
| Jensen Alpha | 0.0091 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.2479 |
ID Logistics Group Backtested Returns
ID Logistics Group retains Efficiency (Sharpe Ratio) of -0.0063, which attests that the entity had a -0.0063% return per unit of price deviation over the last 3 months. ID Logistics exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ID Logistics' Market Risk Adjusted Performance of 0.2579, standard deviation of 1.5, and Semi Deviation of 1.24 to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0684, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ID Logistics' returns are expected to increase less than the market. However, during the bear market, the loss of holding ID Logistics is expected to be smaller as well. At this point, ID Logistics Group has a negative expected return of -0.0095%. Please make sure to check out ID Logistics' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if ID Logistics Group performance from the past will be repeated sooner or later.
Auto-correlation | 0.59 |
Modest predictability
ID Logistics Group has modest predictability. Overlapping area represents the amount of predictability between ID Logistics time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 ID Logistics Group price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current ID Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 32.29 |
ID Logistics Group lagged returns against current returns
Autocorrelation, which is ID Logistics 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 ID Logistics' stock expected returns. We can calculate the autocorrelation of ID Logistics returns to help us make a trade decision. For example, suppose you find that ID Logistics 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 |
ID Logistics 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 ID Logistics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ID Logistics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ID Logistics stock over time.
Current vs Lagged Prices |
| Timeline |
ID Logistics Lagged Returns
When evaluating ID Logistics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ID Logistics stock have on its future price. ID Logistics 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, ID Logistics autocorrelation shows the relationship between ID Logistics stock current value and its past values and can show if there is a momentum factor associated with investing in ID Logistics Group.
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.Other Information on Investing in IDL Stock
ID Logistics financial ratios help investors to determine whether IDL 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 IDL with respect to the benefits of owning ID Logistics security.