LG Cyber (Switzerland) Market Value
| ISPY Etf | CHF 26.96 0.03 0.11% |
| Symbol | ISPY |
LG Cyber '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 LG Cyber's etf 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 LG Cyber.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in LG Cyber on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding LG Cyber Security or generate 0.0% return on investment in LG Cyber over 30 days. LG Cyber is related to or competes with UBSFund Solutions, Vanguard, IShares VII, IShares Core, Lyxor Japan, IShares Core, and IShares SP. The Fund seeks to track the performance of ISE Cyber Security Index using full replication More
LG Cyber 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 LG Cyber's etf 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 LG Cyber Security upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.1453 | |||
| Maximum Drawdown | 10.09 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 2.15 |
LG Cyber Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG Cyber's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LG Cyber's standard deviation. In reality, there are many statistical measures that can use LG Cyber historical prices to predict the future LG Cyber's volatility.| Risk Adjusted Performance | 0.1473 | |||
| Jensen Alpha | 0.2324 | |||
| Total Risk Alpha | 0.1922 | |||
| Sortino Ratio | 0.16 | |||
| Treynor Ratio | 1.83 |
LG Cyber Security Backtested Returns
LG Cyber appears to be very steady, given 3 months investment horizon. LG Cyber Security retains Efficiency (Sharpe Ratio) of 0.21, which conveys that the entity had a 0.21 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for LG Cyber, which you can use to evaluate the volatility of the etf. Please exercise LG Cyber's Mean Deviation of 1.05, market risk adjusted performance of 1.84, and Standard Deviation of 1.45 to check out if our risk estimates are consistent with your expectations. The etf owns a Beta (Systematic Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LG Cyber's returns are expected to increase less than the market. However, during the bear market, the loss of holding LG Cyber is expected to be smaller as well.
Auto-correlation | -0.85 |
Excellent reverse predictability
LG Cyber Security has excellent reverse predictability. Overlapping area represents the amount of predictability between LG Cyber time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 LG Cyber Security price movement. The serial correlation of -0.85 indicates that around 85.0% of current LG Cyber price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
LG Cyber Security lagged returns against current returns
Autocorrelation, which is LG Cyber etf'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 LG Cyber's etf expected returns. We can calculate the autocorrelation of LG Cyber returns to help us make a trade decision. For example, suppose you find that LG Cyber has exhibited high autocorrelation historically, and you observe that the etf 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 |
LG Cyber 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 LG Cyber etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LG Cyber etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LG Cyber etf over time.
Current vs Lagged Prices |
| Timeline |
LG Cyber Lagged Returns
When evaluating LG Cyber's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LG Cyber etf have on its future price. LG Cyber 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, LG Cyber autocorrelation shows the relationship between LG Cyber etf current value and its past values and can show if there is a momentum factor associated with investing in LG Cyber Security.
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.Other Information on Investing in ISPY Etf
LG Cyber financial ratios help investors to determine whether ISPY Etf 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 ISPY with respect to the benefits of owning LG Cyber security.