Lichen China Limited Stock Market Value
| LICN Stock | 4.45 0.10 2.30% |
| Symbol | Lichen |
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lichen China. If investors know Lichen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lichen China listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Lichen China Limited is measured differently than its book value, which is the value of Lichen that is recorded on the company's balance sheet. Investors also form their own opinion of Lichen China's value that differs from its market value or its book value, called intrinsic value, which is Lichen China's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lichen China's market value can be influenced by many factors that don't directly affect Lichen China's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lichen China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lichen China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lichen China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Lichen China '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 Lichen China'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 Lichen China.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Lichen China on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Lichen China Limited or generate 0.0% return on investment in Lichen China over 90 days. Lichen China is related to or competes with First Advantage, Cass Information, Civeo Corp, Rentokil Initial, CBIZ, Network 1, and BrightView Holdings. More
Lichen China 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 Lichen China'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 Lichen China Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.04 | |||
| Information Ratio | 0.1109 | |||
| Maximum Drawdown | 1017.35 | |||
| Value At Risk | (17.39) | |||
| Potential Upside | 10.96 |
Lichen China Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lichen China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lichen China's standard deviation. In reality, there are many statistical measures that can use Lichen China historical prices to predict the future Lichen China's volatility.| Risk Adjusted Performance | 0.1058 | |||
| Jensen Alpha | 11.05 | |||
| Total Risk Alpha | 30.53 | |||
| Sortino Ratio | 1.1 | |||
| Treynor Ratio | (0.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lichen China's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lichen China Limited Backtested Returns
Lichen China is out of control given 3 months investment horizon. Lichen China Limited has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. Use Lichen China Limited Risk Adjusted Performance of 0.1058, mean deviation of 33.39, and Downside Deviation of 13.04 to evaluate company specific risk that cannot be diversified away. Lichen China holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -29.58, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Lichen China are expected to decrease by larger amounts. On the other hand, during market turmoil, Lichen China is expected to outperform it. Use Lichen China Limited downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Lichen China Limited.
Auto-correlation | -0.65 |
Very good reverse predictability
Lichen China Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Lichen China 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 Lichen China Limited price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Lichen China price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 5.28 |
Lichen China Limited lagged returns against current returns
Autocorrelation, which is Lichen China 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 Lichen China's stock expected returns. We can calculate the autocorrelation of Lichen China returns to help us make a trade decision. For example, suppose you find that Lichen China 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 |
Lichen China 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 Lichen China stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lichen China stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lichen China stock over time.
Current vs Lagged Prices |
| Timeline |
Lichen China Lagged Returns
When evaluating Lichen China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lichen China stock have on its future price. Lichen China 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, Lichen China autocorrelation shows the relationship between Lichen China stock current value and its past values and can show if there is a momentum factor associated with investing in Lichen China Limited.
Regressed Prices |
| Timeline |
Pair Trading with Lichen China
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 Lichen China 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 Lichen China will appreciate offsetting losses from the drop in the long position's value.Moving against Lichen Stock
| 0.81 | CLH | Clean Harbors | PairCorr |
| 0.8 | BA | Boeing | PairCorr |
| 0.61 | DY | Dycom Industries | PairCorr |
| 0.51 | J | Jacobs Solutions | PairCorr |
| 0.42 | AP | Ampco Pittsburgh | PairCorr |
The ability to find closely correlated positions to Lichen China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lichen China 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 Lichen China - 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 Lichen China Limited to buy it.
The correlation of Lichen China 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 Lichen China moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lichen China Limited 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 Lichen China 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.Check out Lichen China Correlation, Lichen China Volatility and Lichen China Alpha and Beta module to complement your research on Lichen China. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Lichen China technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.