Ledyard Financial Group Stock Market Value
| LFGP Stock | USD 14.15 0.01 0.07% |
| Symbol | Ledyard |
Ledyard Financial '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 Ledyard Financial'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 Ledyard Financial.
| 12/26/2024 |
| 01/25/2025 |
If you would invest 0.00 in Ledyard Financial on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ledyard Financial Group or generate 0.0% return on investment in Ledyard Financial over 30 days. Ledyard Financial is related to or competes with Eastern Michigan, Commercial National, Mifflinburg Bancorp, Apollo Bancorp, Community Bankers, FNB, and Farmers Bank. Ledyard Financial Group, Inc., headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank More
Ledyard Financial 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 Ledyard Financial'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 Ledyard Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.46 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.48 |
Ledyard Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ledyard Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ledyard Financial's standard deviation. In reality, there are many statistical measures that can use Ledyard Financial historical prices to predict the future Ledyard Financial's volatility.| Risk Adjusted Performance | 0.022 | |||
| Jensen Alpha | 0.0227 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.06) |
Ledyard Financial Backtested Returns
Currently, Ledyard Financial Group is very steady. Ledyard Financial has Sharpe Ratio of 0.0249, which conveys that the firm had a 0.0249 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ledyard Financial, which you can use to evaluate the volatility of the firm. Please verify Ledyard Financial's Downside Deviation of 1.31, mean deviation of 0.5429, and Risk Adjusted Performance of 0.022 to check out if the risk estimate we provide is consistent with the expected return of 0.0233%. Ledyard Financial has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ledyard Financial are expected to decrease at a much lower rate. During the bear market, Ledyard Financial is likely to outperform the market. Ledyard Financial right now secures a risk of 0.94%. Please verify Ledyard Financial Group value at risk, and the relationship between the jensen alpha and skewness , to decide if Ledyard Financial Group will be following its current price movements.
Auto-correlation | 0.68 |
Good predictability
Ledyard Financial Group has good predictability. Overlapping area represents the amount of predictability between Ledyard Financial time series from 26th of December 2024 to 10th of January 2025 and 10th of January 2025 to 25th of January 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 Ledyard Financial price movement. The serial correlation of 0.68 indicates that around 68.0% of current Ledyard Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ledyard Financial lagged returns against current returns
Autocorrelation, which is Ledyard Financial 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 Ledyard Financial's otc stock expected returns. We can calculate the autocorrelation of Ledyard Financial returns to help us make a trade decision. For example, suppose you find that Ledyard Financial 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 |
Ledyard Financial 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 Ledyard Financial otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ledyard Financial otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ledyard Financial otc stock over time.
Current vs Lagged Prices |
| Timeline |
Ledyard Financial Lagged Returns
When evaluating Ledyard Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ledyard Financial otc stock have on its future price. Ledyard Financial 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, Ledyard Financial autocorrelation shows the relationship between Ledyard Financial otc stock current value and its past values and can show if there is a momentum factor associated with investing in Ledyard Financial Group.
Regressed Prices |
| Timeline |
Pair Trading with Ledyard Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ledyard Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ledyard Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Ledyard OTC Stock
Moving against Ledyard OTC Stock
| 0.65 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.64 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.58 | NFPDF | Nissin Foods Holdings | PairCorr |
| 0.41 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.38 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
The ability to find closely correlated positions to Ledyard Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ledyard Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ledyard Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ledyard Financial Group to buy it.
The correlation of Ledyard Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ledyard Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ledyard Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ledyard Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ledyard OTC Stock Analysis
When running Ledyard Financial's price analysis, check to measure Ledyard Financial'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 Ledyard Financial is operating at the current time. Most of Ledyard Financial's value examination focuses on studying past and present price action to predict the probability of Ledyard Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ledyard Financial's price. Additionally, you may evaluate how the addition of Ledyard Financial to your portfolios can decrease your overall portfolio volatility.