Labiana Health's market value is the price at which a share of Labiana Health trades on a public exchange. It measures the collective expectations of Labiana Health SA investors about its performance. Labiana Health is trading at 3.10 as of the 14th of March 2025, a 0.65% up since the beginning of the trading day. The stock's open price was 3.08. With this module, you can estimate the performance of a buy and hold strategy of Labiana Health SA and determine expected loss or profit from investing in Labiana Health over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Labiana
Labiana Health '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 Labiana Health'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 Labiana Health.
0.00
12/14/2024
No Change 0.00
0.0
In 3 months and 1 day
03/14/2025
0.00
If you would invest 0.00 in Labiana Health on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Labiana Health SA or generate 0.0% return on investment in Labiana Health over 90 days.
Labiana Health 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 Labiana Health'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 Labiana Health SA 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 Labiana Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Labiana Health's standard deviation. In reality, there are many statistical measures that can use Labiana Health historical prices to predict the future Labiana Health's volatility.
Labiana Health appears to be very risky, given 3 months investment horizon. Labiana Health SA has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14 % return per unit of risk over the last 3 months. By analyzing Labiana Health's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please exercise Labiana Health's Mean Deviation of 2.27, risk adjusted performance of 0.1364, and Downside Deviation of 2.95 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Labiana Health holds a performance score of 10. The company secures a Beta (Market Risk) of 0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Labiana Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Labiana Health is expected to be smaller as well. Please check Labiana Health's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Labiana Health's current price movements will revert.
Auto-correlation
0.20
Weak predictability
Labiana Health SA has weak predictability. Overlapping area represents the amount of predictability between Labiana Health time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Labiana Health SA price movement. The serial correlation of 0.2 indicates that over 20.0% of current Labiana Health price fluctuation can be explain by its past prices.
Correlation Coefficient
0.2
Spearman Rank Test
0.65
Residual Average
0.0
Price Variance
0.0
Labiana Health SA lagged returns against current returns
Autocorrelation, which is Labiana Health 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 Labiana Health's stock expected returns. We can calculate the autocorrelation of Labiana Health returns to help us make a trade decision. For example, suppose you find that Labiana Health 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
Labiana Health 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 Labiana Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Labiana Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Labiana Health stock over time.
Current vs Lagged Prices
Timeline
Labiana Health Lagged Returns
When evaluating Labiana Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Labiana Health stock have on its future price. Labiana Health 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, Labiana Health autocorrelation shows the relationship between Labiana Health stock current value and its past values and can show if there is a momentum factor associated with investing in Labiana Health SA.
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.