Logic Instrume (France) Market Value
| ALLOG Stock | EUR 1.44 0.07 4.64% |
| Symbol | Logic |
Logic Instrume '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 Logic Instrume'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 Logic Instrume.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Logic Instrume on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Logic Instrume or generate 0.0% return on investment in Logic Instrume over 90 days. Logic Instrume is related to or competes with Nextedia. Logic Instrument S.A. manufactures, sells, and distributes mobile computers for professional applications More
Logic Instrume 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 Logic Instrume'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 Logic Instrume upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.41 | |||
| Information Ratio | 0.2098 | |||
| Maximum Drawdown | 24.53 | |||
| Value At Risk | (5.05) | |||
| Potential Upside | 6.45 |
Logic Instrume Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Logic Instrume's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Logic Instrume's standard deviation. In reality, there are many statistical measures that can use Logic Instrume historical prices to predict the future Logic Instrume's volatility.| Risk Adjusted Performance | 0.1701 | |||
| Jensen Alpha | 0.7332 | |||
| Total Risk Alpha | 1.3 | |||
| Sortino Ratio | 0.2002 | |||
| Treynor Ratio | (2.08) |
Logic Instrume Backtested Returns
Logic Instrume appears to be dangerous, given 3 months investment horizon. Logic Instrume has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2 % return per unit of risk over the last 3 months. By analyzing Logic Instrume's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise Logic Instrume's Downside Deviation of 4.41, mean deviation of 3.05, and Risk Adjusted Performance of 0.1701 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Logic Instrume holds a performance score of 15. The company secures a Beta (Market Risk) of -0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Logic Instrume are expected to decrease at a much lower rate. During the bear market, Logic Instrume is likely to outperform the market. Please check Logic Instrume's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Logic Instrume's current price movements will revert.
Auto-correlation | 0.80 |
Very good predictability
Logic Instrume has very good predictability. Overlapping area represents the amount of predictability between Logic Instrume time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Logic Instrume price movement. The serial correlation of 0.8 indicates that around 80.0% of current Logic Instrume price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Logic Instrume lagged returns against current returns
Autocorrelation, which is Logic Instrume 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 Logic Instrume's stock expected returns. We can calculate the autocorrelation of Logic Instrume returns to help us make a trade decision. For example, suppose you find that Logic Instrume 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 |
Logic Instrume 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 Logic Instrume stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Logic Instrume stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Logic Instrume stock over time.
Current vs Lagged Prices |
| Timeline |
Logic Instrume Lagged Returns
When evaluating Logic Instrume's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Logic Instrume stock have on its future price. Logic Instrume 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, Logic Instrume autocorrelation shows the relationship between Logic Instrume stock current value and its past values and can show if there is a momentum factor associated with investing in Logic Instrume.
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.Additional Tools for Logic Stock Analysis
When running Logic Instrume's price analysis, check to measure Logic Instrume's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Logic Instrume is operating at the current time. Most of Logic Instrume's value examination focuses on studying past and present price action to predict the probability of Logic Instrume's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logic Instrume's price. Additionally, you may evaluate how the addition of Logic Instrume to your portfolios can decrease your overall portfolio volatility.