Luolai Home (China) Market Value
| 002293 Stock | 7.68 0.11 1.45% |
| Symbol | Luolai |
Luolai Home '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 Luolai Home'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 Luolai Home.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Luolai Home on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Luolai Home Textile or generate 0.0% return on investment in Luolai Home over 30 days. Luolai Home is related to or competes with Citic Guoan, Namchow Food, Zhejiang Kingland, Jiangxi Sunshine, Gosuncn Technology, Shandong Longquan, and Xinjiang Tianrun. More
Luolai Home 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 Luolai Home'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 Luolai Home Textile upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.99 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.8 |
Luolai Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Luolai Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Luolai Home's standard deviation. In reality, there are many statistical measures that can use Luolai Home historical prices to predict the future Luolai Home's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.4336 |
Luolai Home Textile Backtested Returns
Luolai Home Textile has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11 % return per unit of risk over the last 3 months. Luolai Home exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Luolai Home's Risk Adjusted Performance of (0.08), mean deviation of 1.42, and Standard Deviation of 1.93 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.53, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Luolai Home are expected to decrease at a much lower rate. During the bear market, Luolai Home is likely to outperform the market. At this point, Luolai Home Textile has a negative expected return of -0.22%. Please make sure to verify Luolai Home's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Luolai Home Textile performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.06 |
Very weak reverse predictability
Luolai Home Textile has very weak reverse predictability. Overlapping area represents the amount of predictability between Luolai Home time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Luolai Home Textile price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Luolai Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Luolai Home Textile lagged returns against current returns
Autocorrelation, which is Luolai Home 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 Luolai Home's stock expected returns. We can calculate the autocorrelation of Luolai Home returns to help us make a trade decision. For example, suppose you find that Luolai Home 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 |
Luolai Home 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 Luolai Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Luolai Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Luolai Home stock over time.
Current vs Lagged Prices |
| Timeline |
Luolai Home Lagged Returns
When evaluating Luolai Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Luolai Home stock have on its future price. Luolai Home 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, Luolai Home autocorrelation shows the relationship between Luolai Home stock current value and its past values and can show if there is a momentum factor associated with investing in Luolai Home Textile.
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 Luolai Stock
Luolai Home financial ratios help investors to determine whether Luolai 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 Luolai with respect to the benefits of owning Luolai Home security.