LATIN GOLD (Australia) Market Value
| LAT Stock | 0.06 0 1.67% |
| Symbol | LATIN |
LATIN GOLD '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 LATIN GOLD'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 LATIN GOLD.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in LATIN GOLD on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding LATIN GOLD FPO or generate 0.0% return on investment in LATIN GOLD over 90 days. LATIN GOLD is related to or competes with Alternative Investment, Hudson Investment, Microequities Asset, Flagship Investments, Argo Investments, Aristocrat Leisure, and MFF Capital. More
LATIN GOLD 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 LATIN GOLD'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 LATIN GOLD FPO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.99 | |||
| Information Ratio | 0.067 | |||
| Maximum Drawdown | 50.32 | |||
| Value At Risk | (11.43) | |||
| Potential Upside | 13.16 |
LATIN GOLD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LATIN GOLD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LATIN GOLD's standard deviation. In reality, there are many statistical measures that can use LATIN GOLD historical prices to predict the future LATIN GOLD's volatility.| Risk Adjusted Performance | 0.0574 | |||
| Jensen Alpha | 0.5043 | |||
| Total Risk Alpha | 1.55 | |||
| Sortino Ratio | 0.0725 | |||
| Treynor Ratio | 1.53 |
LATIN GOLD FPO Backtested Returns
LATIN GOLD appears to be out of control, given 3 months investment horizon. LATIN GOLD FPO has Sharpe Ratio of 0.0556, which conveys that the company had a 0.0556 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for LATIN GOLD, which you can use to evaluate the volatility of the entity. Please exercise LATIN GOLD's mean deviation of 5.39, and Downside Deviation of 7.99 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LATIN GOLD holds a performance score of 4. The firm secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LATIN GOLD's returns are expected to increase less than the market. However, during the bear market, the loss of holding LATIN GOLD is expected to be smaller as well. Please check LATIN GOLD's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether LATIN GOLD's current price movements will revert.
Auto-correlation | -0.58 |
Good reverse predictability
LATIN GOLD FPO has good reverse predictability. Overlapping area represents the amount of predictability between LATIN GOLD time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 LATIN GOLD FPO price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current LATIN GOLD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LATIN GOLD FPO lagged returns against current returns
Autocorrelation, which is LATIN GOLD 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 LATIN GOLD's stock expected returns. We can calculate the autocorrelation of LATIN GOLD returns to help us make a trade decision. For example, suppose you find that LATIN GOLD 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 |
LATIN GOLD 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 LATIN GOLD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LATIN GOLD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LATIN GOLD stock over time.
Current vs Lagged Prices |
| Timeline |
LATIN GOLD Lagged Returns
When evaluating LATIN GOLD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LATIN GOLD stock have on its future price. LATIN GOLD 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, LATIN GOLD autocorrelation shows the relationship between LATIN GOLD stock current value and its past values and can show if there is a momentum factor associated with investing in LATIN GOLD FPO.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for LATIN Stock Analysis
When running LATIN GOLD's price analysis, check to measure LATIN GOLD'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 LATIN GOLD is operating at the current time. Most of LATIN GOLD's value examination focuses on studying past and present price action to predict the probability of LATIN GOLD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LATIN GOLD's price. Additionally, you may evaluate how the addition of LATIN GOLD to your portfolios can decrease your overall portfolio volatility.