Leocor Gold Stock Market Value
| LECRF Stock | USD 0.05 0 6.89% |
| Symbol | Leocor |
Leocor 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 Leocor Gold's otc 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 Leocor Gold.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Leocor Gold on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Leocor Gold or generate 0.0% return on investment in Leocor Gold over 90 days. Leocor Gold is related to or competes with Riverside Resources, and Mirasol Resources. Leocor Gold Inc., an exploration stage company, engages in the acquisition and exploration precious metal projects in Ca... More
Leocor 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 Leocor Gold's otc 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 Leocor Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 49.8 | |||
| Value At Risk | (13.58) | |||
| Potential Upside | 13.0 |
Leocor Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leocor Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leocor Gold's standard deviation. In reality, there are many statistical measures that can use Leocor Gold historical prices to predict the future Leocor Gold's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | 0.2356 | |||
| Treynor Ratio | 1.25 |
Leocor Gold Backtested Returns
Leocor Gold has Sharpe Ratio of -0.0926, which conveys that the firm had a -0.0926 % return per unit of risk over the last 3 months. Leocor Gold exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leocor Gold's Mean Deviation of 4.64, risk adjusted performance of (0.07), and Standard Deviation of 7.59 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Leocor Gold are expected to decrease at a much lower rate. During the bear market, Leocor Gold is likely to outperform the market. At this point, Leocor Gold has a negative expected return of -0.69%. Please make sure to verify Leocor Gold's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Leocor Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Leocor Gold has virtually no predictability. Overlapping area represents the amount of predictability between Leocor 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 Leocor Gold price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Leocor Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Leocor Gold lagged returns against current returns
Autocorrelation, which is Leocor Gold otc 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 Leocor Gold's otc stock expected returns. We can calculate the autocorrelation of Leocor Gold returns to help us make a trade decision. For example, suppose you find that Leocor Gold has exhibited high autocorrelation historically, and you observe that the otc 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 |
Leocor 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 Leocor Gold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leocor Gold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leocor Gold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Leocor Gold Lagged Returns
When evaluating Leocor Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leocor Gold otc stock have on its future price. Leocor 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, Leocor Gold autocorrelation shows the relationship between Leocor Gold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Leocor Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Leocor OTC Stock
Leocor Gold financial ratios help investors to determine whether Leocor OTC 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 Leocor with respect to the benefits of owning Leocor Gold security.