Leclanche (Switzerland) Market Value
| LECN Stock | CHF 0.20 0.03 17.65% |
| Symbol | Leclanche |
Leclanche '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 Leclanche'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 Leclanche.
| 12/22/2023 |
| 12/16/2024 |
If you would invest 0.00 in Leclanche on December 22, 2023 and sell it all today you would earn a total of 0.00 from holding Leclanche SA or generate 0.0% return on investment in Leclanche over 360 days. Leclanche is related to or competes with Meyer Burger, Evolva Holding, Kudelski, OC Oerlikon, and Implenia. Leclanch SA designs, develops, manufactures, and sells customized turnkey energy storage solutions for electricity gener... More
Leclanche 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 Leclanche'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 Leclanche SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.85 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 101.32 | |||
| Value At Risk | (17.65) | |||
| Potential Upside | 30.98 |
Leclanche Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leclanche's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leclanche's standard deviation. In reality, there are many statistical measures that can use Leclanche historical prices to predict the future Leclanche's volatility.| Risk Adjusted Performance | 0.0672 | |||
| Jensen Alpha | 1.32 | |||
| Total Risk Alpha | (0.83) | |||
| Sortino Ratio | 0.085 | |||
| Treynor Ratio | 1.09 |
Leclanche SA Backtested Returns
Leclanche is out of control given 3 months investment horizon. Leclanche SA has Sharpe Ratio of 0.0879, which conveys that the firm had a 0.0879% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Leclanche SA Risk Adjusted Performance of 0.0672, mean deviation of 10.62, and Downside Deviation of 15.85 to evaluate company specific risk that cannot be diversified away. Leclanche holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.32, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Leclanche will likely underperform. Use Leclanche SA coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Leclanche SA.
Auto-correlation | -0.59 |
Good reverse predictability
Leclanche SA has good reverse predictability. Overlapping area represents the amount of predictability between Leclanche time series from 22nd of December 2023 to 19th of June 2024 and 19th of June 2024 to 16th 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 Leclanche SA price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Leclanche price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Leclanche SA lagged returns against current returns
Autocorrelation, which is Leclanche 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 Leclanche's stock expected returns. We can calculate the autocorrelation of Leclanche returns to help us make a trade decision. For example, suppose you find that Leclanche 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 |
Leclanche 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 Leclanche stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leclanche stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leclanche stock over time.
Current vs Lagged Prices |
| Timeline |
Leclanche Lagged Returns
When evaluating Leclanche's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leclanche stock have on its future price. Leclanche 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, Leclanche autocorrelation shows the relationship between Leclanche stock current value and its past values and can show if there is a momentum factor associated with investing in Leclanche 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.Additional Tools for Leclanche Stock Analysis
When running Leclanche's price analysis, check to measure Leclanche'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 Leclanche is operating at the current time. Most of Leclanche's value examination focuses on studying past and present price action to predict the probability of Leclanche's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leclanche's price. Additionally, you may evaluate how the addition of Leclanche to your portfolios can decrease your overall portfolio volatility.