Iluka OTC Pink Sheet Market Value

ILKAY
 Stock
  

USD 34.98  0.02  0.06%   

Iluka Resources' market value is the price at which a share of Iluka Resources stock trades on a public exchange. It measures the collective expectations of Iluka Resources investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Iluka Resources and determine expected loss or profit from investing in Iluka Resources over a given investment horizon. Please see Iluka Resources Correlation, Iluka Resources Volatility and Iluka Resources Alpha and Beta module to complement your research on Iluka Resources.
Symbol

Please note, there is a significant difference between Iluka Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Iluka Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iluka Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Iluka Resources '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 Iluka Resources' otc pink sheet 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 Iluka Resources.
0.00
11/01/2022
No Change 0.00  0.0 
In 31 days
12/01/2022
0.00
If you would invest  0.00  in Iluka Resources on November 1, 2022 and sell it all today you would earn a total of 0.00 from holding Iluka Resources or generate 0.0% return on investment in Iluka Resources over 30 days. Iluka Resources is related to or competes with Microsoft. Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitati... More

Iluka Resources 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 Iluka Resources' otc pink sheet 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 Iluka Resources upside and downside potential and time the market with a certain degree of confidence.

Iluka Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Iluka Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iluka Resources' standard deviation. In reality, there are many statistical measures that can use Iluka Resources historical prices to predict the future Iluka Resources' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Iluka Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Iluka Resources in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
31.9434.9838.02
Details
Intrinsic
Valuation
LowReal ValueHigh
24.7127.7538.48
Details
Naive
Forecast
LowNext ValueHigh
32.5935.6338.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
34.9734.9935.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Iluka Resources. Your research has to be compared to or analyzed against Iluka Resources' peers to derive any actionable benefits. When done correctly, Iluka Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Iluka Resources.

Iluka Resources Backtested Returns

We consider Iluka Resources not too volatile. Iluka Resources holds Efficiency (Sharpe) Ratio of 0.0408, which attests that the entity had 0.0408% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Iluka Resources, which you can use to evaluate the future volatility of the firm. Please check out Iluka Resources Risk Adjusted Performance of 0.0238, market risk adjusted performance of 0.0578, and Downside Deviation of 3.31 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Iluka Resources has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.5818, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Iluka's beta means in this case. As returns on the market increase, Iluka Resources returns are expected to increase less than the market. However, during the bear market, the loss on holding Iluka Resources will be expected to be smaller as well. Although it is important to respect Iluka Resources current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Iluka Resources technical indicators, you can presently evaluate if the expected return of 0.12% will be sustainable into the future. Iluka Resources right now retains a risk of 3.04%. Please check out Iluka Resources information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Iluka Resources will be following its current trending patterns.

Auto-correlation

    
  0.51  

Modest predictability

Iluka Resources has modest predictability. Overlapping area represents the amount of predictability between Iluka Resources time series from 1st of November 2022 to 16th of November 2022 and 16th of November 2022 to 1st of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Iluka Resources price movement. The serial correlation of 0.51 indicates that about 51.0% of current Iluka Resources price fluctuation can be explain by its past prices.
Correlation Coefficient0.51
Spearman Rank Test0.5
Residual Average0.0
Price Variance0.84

Iluka Resources lagged returns against current returns

Autocorrelation, which is Iluka Resources otc pink sheet'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 Iluka Resources' otc pink sheet expected returns. We can calculate the autocorrelation of Iluka Resources returns to help us make a trade decision. For example, suppose you find that Iluka Resources otc pink sheet 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Iluka Resources 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 Iluka Resources otc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iluka Resources otc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iluka Resources otc pink sheet over time.
   Current vs Lagged Prices   
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       Timeline  

Iluka Resources Lagged Returns

When evaluating Iluka Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iluka Resources otc pink sheet have on its future price. Iluka Resources 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, Iluka Resources autocorrelation shows the relationship between Iluka Resources otc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Iluka Resources.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Iluka Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Iluka Resources Correlation, Iluka Resources Volatility and Iluka Resources Alpha and Beta module to complement your research on Iluka Resources. Note that the Iluka Resources information on this page should be used as a complementary analysis to other Iluka Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Iluka Resources price analysis, check to measure Iluka Resources' 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 Iluka Resources is operating at the current time. Most of Iluka Resources' value examination focuses on studying past and present price action to predict the probability of Iluka Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Iluka Resources' price. Additionally, you may evaluate how the addition of Iluka Resources to your portfolios can decrease your overall portfolio volatility.
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Iluka Resources technical otc pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Iluka Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Iluka Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...