LABOCANNA (Germany) Market Value
| 9Y2 Stock | EUR 0.06 0.0002 0.31% |
| Symbol | LABOCANNA |
LABOCANNA '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 LABOCANNA'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 LABOCANNA.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in LABOCANNA on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding LABOCANNA SA ZY 10 or generate 0.0% return on investment in LABOCANNA over 90 days. LABOCANNA is related to or competes with FIREWEED METALS, Calibre Mining, Harmony Gold, BOSTON BEER, and Suntory Beverage. Labocanna S.A. provides solutions for call and contact center organizations in Poland More
LABOCANNA 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 LABOCANNA'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 LABOCANNA SA ZY 10 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.055 | |||
| Maximum Drawdown | 27.46 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 5.97 |
LABOCANNA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LABOCANNA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LABOCANNA's standard deviation. In reality, there are many statistical measures that can use LABOCANNA historical prices to predict the future LABOCANNA's volatility.| Risk Adjusted Performance | 0.0335 | |||
| Jensen Alpha | 0.1032 | |||
| Total Risk Alpha | 0.5924 | |||
| Sortino Ratio | 0.0672 | |||
| Treynor Ratio | (6.44) |
LABOCANNA SA ZY Backtested Returns
LABOCANNA appears to be out of control, given 3 months investment horizon. LABOCANNA SA ZY retains Efficiency (Sharpe Ratio) of 0.0661, which conveys that the company had a 0.0661 % return per unit of return volatility over the last 3 months. We have found thirty technical indicators for LABOCANNA, which you can use to evaluate the volatility of the entity. Please exercise LABOCANNA's Mean Deviation of 2.55, downside deviation of 3.18, and Market Risk Adjusted Performance of (6.43) to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LABOCANNA holds a performance score of 5. The firm owns a Beta (Systematic Risk) of -0.0163, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LABOCANNA are expected to decrease at a much lower rate. During the bear market, LABOCANNA is likely to outperform the market. Please check LABOCANNA's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether LABOCANNA's current price history will revert.
Auto-correlation | 0.63 |
Good predictability
LABOCANNA SA ZY 10 has good predictability. Overlapping area represents the amount of predictability between LABOCANNA time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 LABOCANNA SA ZY price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current LABOCANNA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LABOCANNA SA ZY lagged returns against current returns
Autocorrelation, which is LABOCANNA 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 LABOCANNA's stock expected returns. We can calculate the autocorrelation of LABOCANNA returns to help us make a trade decision. For example, suppose you find that LABOCANNA 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 |
LABOCANNA 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 LABOCANNA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LABOCANNA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LABOCANNA stock over time.
Current vs Lagged Prices |
| Timeline |
LABOCANNA Lagged Returns
When evaluating LABOCANNA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LABOCANNA stock have on its future price. LABOCANNA 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, LABOCANNA autocorrelation shows the relationship between LABOCANNA stock current value and its past values and can show if there is a momentum factor associated with investing in LABOCANNA SA ZY 10.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LABOCANNA Stock
LABOCANNA financial ratios help investors to determine whether LABOCANNA 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 LABOCANNA with respect to the benefits of owning LABOCANNA security.