Lanakam SA (Greece) Market Value
| LANAC Stock | EUR 0.90 0.06 7.14% |
| Symbol | Lanakam |
Lanakam SA '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 Lanakam SA'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 Lanakam SA.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Lanakam SA on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Lanakam SA or generate 0.0% return on investment in Lanakam SA over 30 days. Lanakam SA is related to or competes with Marfin Investment, Piraeus Financial, Interlife General, National Bank, Aegean Airlines, Profile Systems, and As Commercial. Lanakam S.A. distributes apparel and accessories in Greece and Cyprus More
Lanakam SA 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 Lanakam SA'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 Lanakam SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.59 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 16.42 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 3.41 |
Lanakam SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lanakam SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lanakam SA's standard deviation. In reality, there are many statistical measures that can use Lanakam SA historical prices to predict the future Lanakam SA's volatility.| Risk Adjusted Performance | 0.0151 | |||
| Jensen Alpha | 0.0223 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lanakam SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lanakam SA Backtested Returns
At this point, Lanakam SA is dangerous. Lanakam SA has Sharpe Ratio of 0.0114, which conveys that the firm had a 0.0114% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lanakam SA, which you can use to evaluate the volatility of the firm. Please verify Lanakam SA's Mean Deviation of 1.1, downside deviation of 3.59, and Risk Adjusted Performance of 0.0151 to check out if the risk estimate we provide is consistent with the expected return of 0.0269%. The company secures a Beta (Market Risk) of -0.0667, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lanakam SA are expected to decrease at a much lower rate. During the bear market, Lanakam SA is likely to outperform the market. Lanakam SA right now secures a risk of 2.36%. Please verify Lanakam SA total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if Lanakam SA will be following its current price movements.
Auto-correlation | -0.04 |
Very weak reverse predictability
Lanakam SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Lanakam SA time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Lanakam SA price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Lanakam SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lanakam SA lagged returns against current returns
Autocorrelation, which is Lanakam SA 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 Lanakam SA's stock expected returns. We can calculate the autocorrelation of Lanakam SA returns to help us make a trade decision. For example, suppose you find that Lanakam SA 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 |
Lanakam SA 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 Lanakam SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lanakam SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lanakam SA stock over time.
Current vs Lagged Prices |
| Timeline |
Lanakam SA Lagged Returns
When evaluating Lanakam SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lanakam SA stock have on its future price. Lanakam SA 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, Lanakam SA autocorrelation shows the relationship between Lanakam SA stock current value and its past values and can show if there is a momentum factor associated with investing in Lanakam SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Lanakam Stock
Lanakam SA financial ratios help investors to determine whether Lanakam Stock 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 Lanakam with respect to the benefits of owning Lanakam SA security.