Lecron Energy (China) Market Value
| 300343 Stock | 5.64 0.21 3.87% |
| Symbol | Lecron |
Lecron Energy '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 Lecron Energy'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 Lecron Energy.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Lecron Energy on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Lecron Energy Saving or generate 0.0% return on investment in Lecron Energy over 30 days. Lecron Energy is related to or competes with Guilin Seamild, Guangzhou Jointas, Beijing Jiaman, Shandong Rike, Ligao Foods, Xilong Chemical, and Shenyang Chemical. Lecron Energy is entity of China. It is traded as Stock on SHE exchange. More
Lecron Energy 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 Lecron Energy'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 Lecron Energy Saving upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.64 | |||
| Information Ratio | 0.0175 | |||
| Maximum Drawdown | 29.18 | |||
| Value At Risk | (5.29) | |||
| Potential Upside | 6.55 |
Lecron Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lecron Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lecron Energy's standard deviation. In reality, there are many statistical measures that can use Lecron Energy historical prices to predict the future Lecron Energy's volatility.| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | 0.0867 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0209 | |||
| Treynor Ratio | 0.207 |
Lecron Energy Saving Backtested Returns
At this point, Lecron Energy is relatively risky. Lecron Energy Saving has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lecron Energy, which you can use to evaluate the volatility of the firm. Please verify Lecron Energy's Mean Deviation of 3.0, downside deviation of 3.64, and Risk Adjusted Performance of 0.0284 to check out if the risk estimate we provide is consistent with the expected return of 0.024%. The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lecron Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lecron Energy is expected to be smaller as well. Lecron Energy Saving right now secures a risk of 4.43%. Please verify Lecron Energy Saving downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Lecron Energy Saving will be following its current price movements.
Auto-correlation | -0.6 |
Good reverse predictability
Lecron Energy Saving has good reverse predictability. Overlapping area represents the amount of predictability between Lecron Energy time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 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 Lecron Energy Saving price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Lecron Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lecron Energy Saving lagged returns against current returns
Autocorrelation, which is Lecron Energy 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 Lecron Energy's stock expected returns. We can calculate the autocorrelation of Lecron Energy returns to help us make a trade decision. For example, suppose you find that Lecron Energy 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 |
Lecron Energy 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 Lecron Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lecron Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lecron Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Lecron Energy Lagged Returns
When evaluating Lecron Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lecron Energy stock have on its future price. Lecron Energy 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, Lecron Energy autocorrelation shows the relationship between Lecron Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Lecron Energy Saving.
Regressed Prices |
| Timeline |
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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 Lecron Stock
Lecron Energy financial ratios help investors to determine whether Lecron 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 Lecron with respect to the benefits of owning Lecron Energy security.