LASSONDE INDUSTINC (Germany) Market Value
| 0OO Stock | EUR 117.00 1.00 0.86% |
| Symbol | LASSONDE |
LASSONDE INDUSTINC '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 LASSONDE INDUSTINC'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 LASSONDE INDUSTINC.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in LASSONDE INDUSTINC on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding LASSONDE INDUSTINC A or generate 0.0% return on investment in LASSONDE INDUSTINC over 30 days. LASSONDE INDUSTINC is related to or competes with Ribbon Communications, Singapore Telecommunicatio, Perma-Fix Environmental, and Insteel Industries. Lassonde Industries Inc., together with its subsidiaries, develops, produces, and markets a range of ready-to-drink frui... More
LASSONDE INDUSTINC 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 LASSONDE INDUSTINC'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 LASSONDE INDUSTINC A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.23 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 16.85 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 1.82 |
LASSONDE INDUSTINC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LASSONDE INDUSTINC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LASSONDE INDUSTINC's standard deviation. In reality, there are many statistical measures that can use LASSONDE INDUSTINC historical prices to predict the future LASSONDE INDUSTINC's volatility.| Risk Adjusted Performance | 0.0441 | |||
| Jensen Alpha | 0.0015 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1293 |
LASSONDE INDUSTINC Backtested Returns
At this point, LASSONDE INDUSTINC is very steady. LASSONDE INDUSTINC has Sharpe Ratio of 0.0433, which conveys that the company had a 0.0433% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for LASSONDE INDUSTINC, which you can use to evaluate the volatility of the entity. Please verify LASSONDE INDUSTINC's Mean Deviation of 1.43, market risk adjusted performance of 0.1393, and Downside Deviation of 2.23 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. LASSONDE INDUSTINC has a performance score of 3 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 0.88, which conveys possible diversification benefits within a given portfolio. LASSONDE INDUSTINC returns are very sensitive to returns on the market. As the market goes up or down, LASSONDE INDUSTINC is expected to follow. LASSONDE INDUSTINC now secures a risk of 2.55%. Please verify LASSONDE INDUSTINC A jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to decide if LASSONDE INDUSTINC A will be following its current price movements.
Auto-correlation | 0.25 |
Poor predictability
LASSONDE INDUSTINC A has poor predictability. Overlapping area represents the amount of predictability between LASSONDE INDUSTINC time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 LASSONDE INDUSTINC price movement. The serial correlation of 0.25 indicates that over 25.0% of current LASSONDE INDUSTINC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
LASSONDE INDUSTINC lagged returns against current returns
Autocorrelation, which is LASSONDE INDUSTINC 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 LASSONDE INDUSTINC's stock expected returns. We can calculate the autocorrelation of LASSONDE INDUSTINC returns to help us make a trade decision. For example, suppose you find that LASSONDE INDUSTINC 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 |
LASSONDE INDUSTINC 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 LASSONDE INDUSTINC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LASSONDE INDUSTINC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LASSONDE INDUSTINC stock over time.
Current vs Lagged Prices |
| Timeline |
LASSONDE INDUSTINC Lagged Returns
When evaluating LASSONDE INDUSTINC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LASSONDE INDUSTINC stock have on its future price. LASSONDE INDUSTINC 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, LASSONDE INDUSTINC autocorrelation shows the relationship between LASSONDE INDUSTINC stock current value and its past values and can show if there is a momentum factor associated with investing in LASSONDE INDUSTINC A.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LASSONDE Stock
LASSONDE INDUSTINC financial ratios help investors to determine whether LASSONDE 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 LASSONDE with respect to the benefits of owning LASSONDE INDUSTINC security.