Life Science's market value is the price at which a share of Life Science trades on a public exchange. It measures the collective expectations of Life Science REIT investors about its performance. Life Science is selling for under 34.70 as of the 10th of January 2025; that is 0.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 34.5. With this module, you can estimate the performance of a buy and hold strategy of Life Science REIT and determine expected loss or profit from investing in Life Science over a given investment horizon. Check out Life Science Correlation, Life Science Volatility and Life Science Alpha and Beta module to complement your research on Life Science.
Please note, there is a significant difference between Life Science's value and its price as these two are different measures arrived at by different means. Investors typically determine if Life Science is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Life Science's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Life Science '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 Life Science'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 Life Science.
0.00
12/11/2024
No Change 0.00
0.0
In 31 days
01/10/2025
0.00
If you would invest 0.00 in Life Science on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Life Science REIT or generate 0.0% return on investment in Life Science over 30 days. Life Science is related to or competes with Fortune Brands, Home Depot, Capital Drilling, Various Eateries, Electronic Arts, and Software Circle. Life Science is entity of United Kingdom More
Life Science 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 Life Science'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 Life Science REIT 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 Life Science's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Life Science's standard deviation. In reality, there are many statistical measures that can use Life Science historical prices to predict the future Life Science's volatility.
Life Science REIT 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. Life Science exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Life Science's Mean Deviation of 1.17, risk adjusted performance of (0.08), and Standard Deviation of 1.63 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0338, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Life Science's returns are expected to increase less than the market. However, during the bear market, the loss of holding Life Science is expected to be smaller as well. At this point, Life Science REIT has a negative expected return of -0.23%. Please make sure to verify Life Science's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Life Science REIT performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.93
Near perfect reversele predictability
Life Science REIT has near perfect reversele predictability. Overlapping area represents the amount of predictability between Life Science time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 Life Science REIT price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current Life Science price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.93
Spearman Rank Test
-0.84
Residual Average
0.0
Price Variance
2.36
Life Science REIT lagged returns against current returns
Autocorrelation, which is Life Science 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 Life Science's stock expected returns. We can calculate the autocorrelation of Life Science returns to help us make a trade decision. For example, suppose you find that Life Science 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
Life Science 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 Life Science stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Life Science stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Life Science stock over time.
Current vs Lagged Prices
Timeline
Life Science Lagged Returns
When evaluating Life Science's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Life Science stock have on its future price. Life Science 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, Life Science autocorrelation shows the relationship between Life Science stock current value and its past values and can show if there is a momentum factor associated with investing in Life Science REIT.
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.
When running Life Science's price analysis, check to measure Life Science'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 Life Science is operating at the current time. Most of Life Science's value examination focuses on studying past and present price action to predict the probability of Life Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life Science's price. Additionally, you may evaluate how the addition of Life Science to your portfolios can decrease your overall portfolio volatility.