Ilika Plc Stock Market Value
| ILIKF Stock | USD 0.26 0.02 7.14% |
| Symbol | Ilika |
Ilika Plc '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 Ilika Plc's otc 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 Ilika Plc.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Ilika Plc on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Ilika plc or generate 0.0% return on investment in Ilika Plc over 180 days. Ilika Plc is related to or competes with Novonix, Novonix, Eos Energy, Flux Power, NeoVolta Common, and Espey Mfg. Ilika plc engages in the design, development, and production of solid-state batteries under the Stereax name primarily i... More
Ilika Plc 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 Ilika Plc's otc 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 Ilika plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 22.03 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.69 |
Ilika Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ilika Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ilika Plc's standard deviation. In reality, there are many statistical measures that can use Ilika Plc historical prices to predict the future Ilika Plc's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (3.23) |
Ilika plc Backtested Returns
Ilika plc holds Efficiency (Sharpe) Ratio of -0.0473, which attests that the entity had a -0.0473% return per unit of risk over the last 3 months. Ilika plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ilika Plc's Standard Deviation of 4.59, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (3.22) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0689, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ilika Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ilika Plc is expected to be smaller as well. At this point, Ilika plc has a negative expected return of -0.22%. Please make sure to check out Ilika Plc's maximum drawdown and the relationship between the kurtosis and period momentum indicator , to decide if Ilika plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.06 |
Very weak reverse predictability
Ilika plc has very weak reverse predictability. Overlapping area represents the amount of predictability between Ilika Plc time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Ilika plc price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Ilika Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ilika plc lagged returns against current returns
Autocorrelation, which is Ilika Plc otc 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 Ilika Plc's otc stock expected returns. We can calculate the autocorrelation of Ilika Plc returns to help us make a trade decision. For example, suppose you find that Ilika Plc has exhibited high autocorrelation historically, and you observe that the otc 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 |
Ilika Plc 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 Ilika Plc otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ilika Plc otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ilika Plc otc stock over time.
Current vs Lagged Prices |
| Timeline |
Ilika Plc Lagged Returns
When evaluating Ilika Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ilika Plc otc stock have on its future price. Ilika Plc 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, Ilika Plc autocorrelation shows the relationship between Ilika Plc otc stock current value and its past values and can show if there is a momentum factor associated with investing in Ilika plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ilika OTC Stock
Ilika Plc financial ratios help investors to determine whether Ilika OTC 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 Ilika with respect to the benefits of owning Ilika Plc security.