Eli Lilly And Stock Market Value

LLY Stock  USD 778.18  3.28  0.42%   
Eli Lilly's market value is the price at which a share of Eli Lilly trades on a public exchange. It measures the collective expectations of Eli Lilly And investors about its performance. Eli Lilly is trading at 778.18 as of the 28th of March 2024; that is 0.42% increase since the beginning of the trading day. The stock's open price was 774.9.
With this module, you can estimate the performance of a buy and hold strategy of Eli Lilly And and determine expected loss or profit from investing in Eli Lilly over a given investment horizon. Check out Eli Lilly Correlation, Eli Lilly Volatility and Eli Lilly Alpha and Beta module to complement your research on Eli Lilly.
Symbol

Eli Lilly And Price To Book Ratio

Is Eli Lilly's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eli Lilly. If investors know Eli will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eli Lilly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.13
Dividend Share
4.52
Earnings Share
5.81
Revenue Per Share
37.908
Quarterly Revenue Growth
0.281
The market value of Eli Lilly And is measured differently than its book value, which is the value of Eli that is recorded on the company's balance sheet. Investors also form their own opinion of Eli Lilly's value that differs from its market value or its book value, called intrinsic value, which is Eli Lilly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eli Lilly's market value can be influenced by many factors that don't directly affect Eli Lilly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eli Lilly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eli Lilly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eli Lilly's 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.

Eli 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 Eli Lilly'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 Eli Lilly.
0.00
04/03/2023
No Change 0.00  0.0 
In 11 months and 26 days
03/28/2024
0.00
If you would invest  0.00  in Eli Lilly on April 3, 2023 and sell it all today you would earn a total of 0.00 from holding Eli Lilly And or generate 0.0% return on investment in Eli Lilly over 360 days. Eli Lilly is related to or competes with Agilent Technologies, Mustang Bio, Moleculin Biotech, Seres Therapeutics, Madrigal Pharmaceuticals, Equillium, and Kineta. Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide More

Eli 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 Eli Lilly'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 Eli Lilly And upside and downside potential and time the market with a certain degree of confidence.

Eli Lilly Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eli Lilly's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eli Lilly's standard deviation. In reality, there are many statistical measures that can use Eli Lilly historical prices to predict the future Eli Lilly's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eli Lilly's 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.
Hype
Prediction
LowEstimatedHigh
776.53778.18779.83
Details
Intrinsic
Valuation
LowRealHigh
701.68703.33856.00
Details
Naive
Forecast
LowNextHigh
815.53817.18818.83
Details
28 Analysts
Consensus
LowTargetHigh
549.25603.57669.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eli Lilly. Your research has to be compared to or analyzed against Eli Lilly's peers to derive any actionable benefits. When done correctly, Eli Lilly's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eli Lilly And.

Eli Lilly And Backtested Returns

Eli Lilly appears to be very steady, given 3 months investment horizon. Eli Lilly And secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the company had a 0.3% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eli Lilly And, which you can use to evaluate the volatility of the firm. Please utilize Eli Lilly's Downside Deviation of 1.39, mean deviation of 1.13, and Coefficient Of Variation of 330.92 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eli Lilly holds a performance score of 23. The firm shows a Beta (market volatility) of 0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eli Lilly's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eli Lilly is expected to be smaller as well. Please check Eli Lilly's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Eli Lilly's price patterns will revert.

Auto-correlation

    
  0.90  

Excellent predictability

Eli Lilly And has excellent predictability. Overlapping area represents the amount of predictability between Eli Lilly time series from 3rd of April 2023 to 30th of September 2023 and 30th of September 2023 to 28th of March 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 Eli Lilly And price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Eli Lilly price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.81
Residual Average0.0
Price Variance6325.32

Eli Lilly And lagged returns against current returns

Autocorrelation, which is Eli Lilly 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 Eli Lilly's stock expected returns. We can calculate the autocorrelation of Eli Lilly returns to help us make a trade decision. For example, suppose you find that Eli Lilly 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  

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

Eli Lilly Lagged Returns

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

Eli Lilly Investors Sentiment

The influence of Eli Lilly's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eli. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Eli Lilly's public news can be used to forecast risks associated with an investment in Eli. The trend in average sentiment can be used to explain how an investor holding Eli can time the market purely based on public headlines and social activities around Eli Lilly And. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Eli Lilly's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eli Lilly's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eli Lilly's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eli Lilly.

Eli Lilly Implied Volatility

    
  31.31  
Eli Lilly's implied volatility exposes the market's sentiment of Eli Lilly And stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Eli Lilly's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Eli Lilly stock will not fluctuate a lot when Eli Lilly's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eli Lilly in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eli Lilly's short interest history, or implied volatility extrapolated from Eli Lilly options trading.

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When determining whether Eli Lilly And offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eli Lilly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eli Lilly And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eli Lilly And Stock:
Check out Eli Lilly Correlation, Eli Lilly Volatility and Eli Lilly Alpha and Beta module to complement your research on Eli Lilly.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Eli Lilly's price analysis, check to measure Eli Lilly'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 Eli Lilly is operating at the current time. Most of Eli Lilly's value examination focuses on studying past and present price action to predict the probability of Eli Lilly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eli Lilly's price. Additionally, you may evaluate how the addition of Eli Lilly to your portfolios can decrease your overall portfolio volatility.
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Eli Lilly technical stock 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, stock market cycles, or different charting patterns.
A focus of Eli Lilly technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eli Lilly 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...