Life Science (UK) Market Value
| LABS Stock | 38.60 0.10 0.26% |
| Symbol | Life |
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.
| 06/26/2024 |
| 12/23/2024 |
If you would invest 0.00 in Life Science on June 26, 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 180 days. Life Science is related to or competes with Derwent London, Hammerson PLC, Workspace Group, Supermarket Income, Molson Coors, XLMedia PLC, and Charter Communications. 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.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.1386 | |||
| Maximum Drawdown | 13.06 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.7 |
Life Science Market Risk Indicators
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.| Risk Adjusted Performance | 0.1281 | |||
| Jensen Alpha | 0.3138 | |||
| Total Risk Alpha | 0.2566 | |||
| Sortino Ratio | 0.1414 | |||
| Treynor Ratio | 3.24 |
Life Science REIT Backtested Returns
Life Science appears to be very steady, given 3 months investment horizon. Life Science REIT has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Life Science, which you can use to evaluate the volatility of the firm. Please exercise Life Science's Downside Deviation of 2.08, mean deviation of 1.39, and Risk Adjusted Performance of 0.1281 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Life Science holds a performance score of 12. The company secures a Beta (Market Risk) of 0.0974, 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. Please check Life Science's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Life Science's current price movements will revert.
Auto-correlation | 0.34 |
Below average predictability
Life Science REIT has below average predictability. Overlapping area represents the amount of predictability between Life Science time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd 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 Life Science REIT price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Life Science price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 5.5 |
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.Additional Tools for Life Stock Analysis
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.