Lander Sports (China) Market Value
| 000558 Stock | 3.04 0.04 1.33% |
| Symbol | Lander |
Lander Sports '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 Lander Sports' 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 Lander Sports.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Lander Sports on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Lander Sports Development or generate 0.0% return on investment in Lander Sports over 30 days. Lander Sports is related to or competes with Shandong Sinoglory, Lotus Health, Yunnan Jianzhijia, De Rucci, Shuhua Sports, Shenzhen Noposion, and By Health. Lander Sports is entity of China. It is traded as Stock on SHE exchange. More
Lander Sports 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 Lander Sports' 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 Lander Sports Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.23 | |||
| Information Ratio | 0.1125 | |||
| Maximum Drawdown | 18.29 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 6.08 |
Lander Sports Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lander Sports' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lander Sports' standard deviation. In reality, there are many statistical measures that can use Lander Sports historical prices to predict the future Lander Sports' volatility.| Risk Adjusted Performance | 0.1223 | |||
| Jensen Alpha | 0.514 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1177 | |||
| Treynor Ratio | (3.20) |
Lander Sports Development Backtested Returns
Lander Sports appears to be risky, given 3 months investment horizon. Lander Sports Development has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Lander Sports' technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please exercise Lander Sports' Mean Deviation of 2.39, downside deviation of 3.23, and Risk Adjusted Performance of 0.1223 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lander Sports holds a performance score of 13. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lander Sports are expected to decrease at a much lower rate. During the bear market, Lander Sports is likely to outperform the market. Please check Lander Sports' semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Lander Sports' current price movements will revert.
Auto-correlation | 0.11 |
Insignificant predictability
Lander Sports Development has insignificant predictability. Overlapping area represents the amount of predictability between Lander Sports time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Lander Sports Development price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Lander Sports price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lander Sports Development lagged returns against current returns
Autocorrelation, which is Lander Sports 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 Lander Sports' stock expected returns. We can calculate the autocorrelation of Lander Sports returns to help us make a trade decision. For example, suppose you find that Lander Sports 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 |
Lander Sports 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 Lander Sports stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lander Sports stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lander Sports stock over time.
Current vs Lagged Prices |
| Timeline |
Lander Sports Lagged Returns
When evaluating Lander Sports' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lander Sports stock have on its future price. Lander Sports 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, Lander Sports autocorrelation shows the relationship between Lander Sports stock current value and its past values and can show if there is a momentum factor associated with investing in Lander Sports Development.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Lander Stock
Lander Sports financial ratios help investors to determine whether Lander 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 Lander with respect to the benefits of owning Lander Sports security.