LILLY ELI 275 Market Value
| 532457BH0 | 97.16 1.99 2.01% |
| Symbol | LILLY |
LILLY '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 LILLY'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 LILLY.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in LILLY on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding LILLY ELI 275 or generate 0.0% return on investment in LILLY over 30 days. LILLY is related to or competes with 00108WAF7, 90331HPL1, Applied Blockchain, BigBearai Holdings, InMode, Sprott Focus, and IONQ. More
LILLY 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 LILLY'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 LILLY ELI 275 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.48) | |||
| Maximum Drawdown | 2.35 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.2126 |
LILLY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LILLY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LILLY's standard deviation. In reality, there are many statistical measures that can use LILLY historical prices to predict the future LILLY's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.8363 |
LILLY ELI 275 Backtested Returns
LILLY ELI 275 has Sharpe Ratio of -0.0913, which conveys that the entity had a -0.0913% return per unit of volatility over the last 3 months. LILLY exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LILLY's mean deviation of 0.1508, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.036, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LILLY are expected to decrease at a much lower rate. During the bear market, LILLY is likely to outperform the market.
Auto-correlation | -0.5 |
Modest reverse predictability
LILLY ELI 275 has modest reverse predictability. Overlapping area represents the amount of predictability between LILLY 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 LILLY ELI 275 price movement. The serial correlation of -0.5 indicates that about 50.0% of current LILLY price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
LILLY ELI 275 lagged returns against current returns
Autocorrelation, which is LILLY 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 LILLY's bond expected returns. We can calculate the autocorrelation of LILLY returns to help us make a trade decision. For example, suppose you find that LILLY 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 |
LILLY 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 LILLY bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LILLY bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LILLY bond over time.
Current vs Lagged Prices |
| Timeline |
LILLY Lagged Returns
When evaluating LILLY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LILLY bond have on its future price. LILLY 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, LILLY autocorrelation shows the relationship between LILLY bond current value and its past values and can show if there is a momentum factor associated with investing in LILLY ELI 275.
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 LILLY Bond
LILLY financial ratios help investors to determine whether LILLY 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 LILLY with respect to the benefits of owning LILLY security.