Leading Edge Materials Stock Market Value
| LEMIF Stock | USD 0.19 0.03 18.75% |
| Symbol | Leading |
Leading Edge '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 Leading Edge'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 Leading Edge.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Leading Edge on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Leading Edge Materials or generate 0.0% return on investment in Leading Edge over 90 days. Leading Edge is related to or competes with Fireweed Zinc, Australian Strategic, Hannan Metals, Arianne Phosphate, and IGO. Leading Edge Materials Corp. explores for and develops a portfolio of raw material projects in Europe More
Leading Edge 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 Leading Edge'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 Leading Edge Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.82 | |||
| Information Ratio | 0.1974 | |||
| Maximum Drawdown | 67.21 | |||
| Value At Risk | (13.85) | |||
| Potential Upside | 27.91 |
Leading Edge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leading Edge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leading Edge's standard deviation. In reality, there are many statistical measures that can use Leading Edge historical prices to predict the future Leading Edge's volatility.| Risk Adjusted Performance | 0.1748 | |||
| Jensen Alpha | 2.73 | |||
| Total Risk Alpha | 4.21 | |||
| Sortino Ratio | 0.2691 | |||
| Treynor Ratio | 1.4 |
Leading Edge Materials Backtested Returns
Leading Edge is out of control given 3 months investment horizon. Leading Edge Materials has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19 % return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.54% are justified by taking the suggested risk. Use Leading Edge Materials Downside Deviation of 9.82, mean deviation of 9.13, and Risk Adjusted Performance of 0.1748 to evaluate company specific risk that cannot be diversified away. Leading Edge holds a performance score of 14 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.81, 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, Leading Edge will likely underperform. Use Leading Edge Materials downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to analyze future returns on Leading Edge Materials.
Auto-correlation | 0.29 |
Poor predictability
Leading Edge Materials has poor predictability. Overlapping area represents the amount of predictability between Leading Edge time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Leading Edge Materials price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Leading Edge price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Leading Edge Materials lagged returns against current returns
Autocorrelation, which is Leading Edge 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 Leading Edge's otc stock expected returns. We can calculate the autocorrelation of Leading Edge returns to help us make a trade decision. For example, suppose you find that Leading Edge 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 |
Leading Edge 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 Leading Edge otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leading Edge otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leading Edge otc stock over time.
Current vs Lagged Prices |
| Timeline |
Leading Edge Lagged Returns
When evaluating Leading Edge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leading Edge otc stock have on its future price. Leading Edge 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, Leading Edge autocorrelation shows the relationship between Leading Edge otc stock current value and its past values and can show if there is a momentum factor associated with investing in Leading Edge Materials.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Leading OTC Stock
Leading Edge financial ratios help investors to determine whether Leading 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 Leading with respect to the benefits of owning Leading Edge security.