Lecron Energy's market value is the price at which a share of Lecron Energy trades on a public exchange. It measures the collective expectations of Lecron Energy Saving investors about its performance. Lecron Energy is trading at 5.43 as of the 18th of January 2025, a 0.91 percent down since the beginning of the trading day. The stock's open price was 5.48. With this module, you can estimate the performance of a buy and hold strategy of Lecron Energy Saving and determine expected loss or profit from investing in Lecron Energy over a given investment horizon. Check out Lecron Energy Correlation, Lecron Energy Volatility and Lecron Energy Alpha and Beta module to complement your research on Lecron Energy.
Please note, there is a significant difference between Lecron Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lecron Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lecron Energy'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.
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.
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07/22/2024
No Change 0.00
0.0
In 5 months and 30 days
01/18/2025
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If you would invest 0.00 in Lecron Energy on July 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 180 days. Lecron Energy is related to or competes with China Satellite, Jilin Jlu, Xinxiang Chemical, Wintao Communications, Eastern Communications, State Grid, and Shenzhen Noposion. 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lecron Energy. Your research has to be compared to or analyzed against Lecron Energy's peers to derive any actionable benefits. When done correctly, Lecron Energy'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 Lecron Energy Saving.
Lecron Energy Saving Backtested Returns
At this point, Lecron Energy is relatively risky. Lecron Energy Saving has Sharpe Ratio of 9.0E-4, which conveys that the firm had a 9.0E-4% 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 Risk Adjusted Performance of 0.0269, downside deviation of 3.64, and Mean Deviation of 3.01 to check out if the risk estimate we provide is consistent with the expected return of 0.0038%. The company secures a Beta (Market Risk) of 0.0401, which conveys not very significant fluctuations relative to the market. 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 4.37%. 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
-0.45
Modest reverse predictability
Lecron Energy Saving has modest reverse predictability. Overlapping area represents the amount of predictability between Lecron Energy time series from 22nd of July 2024 to 20th of October 2024 and 20th of October 2024 to 18th 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 -0.45 indicates that just about 45.0% of current Lecron Energy price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.45
Spearman Rank Test
0.16
Residual Average
0.0
Price Variance
0.38
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
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.
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.