Lucibel (France) Market Value
| ALUCI Stock | EUR 0.13 0.02 13.33% |
| Symbol | Lucibel |
Lucibel '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 Lucibel'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 Lucibel.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Lucibel on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Lucibel or generate 0.0% return on investment in Lucibel over 180 days. Lucibel is related to or competes with Derichebourg, Mersen SA, Trigano SA, Chargeurs, and Eramet SA. Lucibel SA designs, manufactures, and markets lighting products and solutions based on LED technology in France and inte... More
Lucibel 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 Lucibel'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 Lucibel upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 31.31 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 6.67 |
Lucibel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lucibel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lucibel's standard deviation. In reality, there are many statistical measures that can use Lucibel historical prices to predict the future Lucibel's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (1.77) | |||
| Treynor Ratio | 0.2855 |
Lucibel Backtested Returns
Lucibel has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Lucibel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lucibel's Risk Adjusted Performance of (0.08), standard deviation of 6.12, and Mean Deviation of 3.74 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -2.62, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Lucibel are expected to decrease by larger amounts. On the other hand, during market turmoil, Lucibel is expected to outperform it. At this point, Lucibel has a negative expected return of -0.62%. Please make sure to verify Lucibel's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Lucibel performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.69 |
Good predictability
Lucibel has good predictability. Overlapping area represents the amount of predictability between Lucibel time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Lucibel price movement. The serial correlation of 0.69 indicates that around 69.0% of current Lucibel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lucibel lagged returns against current returns
Autocorrelation, which is Lucibel 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 Lucibel's stock expected returns. We can calculate the autocorrelation of Lucibel returns to help us make a trade decision. For example, suppose you find that Lucibel 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 |
Lucibel 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 Lucibel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lucibel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lucibel stock over time.
Current vs Lagged Prices |
| Timeline |
Lucibel Lagged Returns
When evaluating Lucibel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lucibel stock have on its future price. Lucibel 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, Lucibel autocorrelation shows the relationship between Lucibel stock current value and its past values and can show if there is a momentum factor associated with investing in Lucibel.
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.Additional Tools for Lucibel Stock Analysis
When running Lucibel's price analysis, check to measure Lucibel'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 Lucibel is operating at the current time. Most of Lucibel's value examination focuses on studying past and present price action to predict the probability of Lucibel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucibel's price. Additionally, you may evaluate how the addition of Lucibel to your portfolios can decrease your overall portfolio volatility.