Labrador Iron Ore Stock Market Value
| LIFZF Stock | USD 21.23 0.16 0.76% |
| Symbol | Labrador |
Labrador Iron '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 Labrador Iron's pink sheet 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 Labrador Iron.
| 12/25/2024 |
| 03/25/2025 |
If you would invest 0.00 in Labrador Iron on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Labrador Iron Ore or generate 0.0% return on investment in Labrador Iron over 90 days. Labrador Iron is related to or competes with Olympic Steel, Outokumpu Oyj, Usinas Siderurgicas, POSCO Holdings, Nucor Corp, United States, and Reliance Steel. Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10 percent equity int... More
Labrador Iron 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 Labrador Iron's pink sheet 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 Labrador Iron Ore upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0857 | |||
| Maximum Drawdown | 7.51 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.46 |
Labrador Iron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Labrador Iron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Labrador Iron's standard deviation. In reality, there are many statistical measures that can use Labrador Iron historical prices to predict the future Labrador Iron's volatility.| Risk Adjusted Performance | 0.0635 | |||
| Jensen Alpha | 0.0814 | |||
| Total Risk Alpha | 0.1375 | |||
| Sortino Ratio | 0.0871 | |||
| Treynor Ratio | (11.04) |
Labrador Iron Ore Backtested Returns
At this point, Labrador Iron is very steady. Labrador Iron Ore has Sharpe Ratio of 0.0599, which conveys that the firm had a 0.0599 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Labrador Iron, which you can use to evaluate the volatility of the firm. Please verify Labrador Iron's Mean Deviation of 1.08, downside deviation of 1.36, and Risk Adjusted Performance of 0.0635 to check out if the risk estimate we provide is consistent with the expected return of 0.0839%. Labrador Iron has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0074, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Labrador Iron are expected to decrease at a much lower rate. During the bear market, Labrador Iron is likely to outperform the market. Labrador Iron Ore right now secures a risk of 1.4%. Please verify Labrador Iron Ore maximum drawdown, and the relationship between the information ratio and expected short fall , to decide if Labrador Iron Ore will be following its current price movements.
Auto-correlation | -0.66 |
Very good reverse predictability
Labrador Iron Ore has very good reverse predictability. Overlapping area represents the amount of predictability between Labrador Iron time series from 25th of December 2024 to 8th of February 2025 and 8th of February 2025 to 25th 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 Labrador Iron Ore price movement. The serial correlation of -0.66 indicates that around 66.0% of current Labrador Iron price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Labrador Iron Ore lagged returns against current returns
Autocorrelation, which is Labrador Iron pink sheet'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 Labrador Iron's pink sheet expected returns. We can calculate the autocorrelation of Labrador Iron returns to help us make a trade decision. For example, suppose you find that Labrador Iron has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Labrador Iron 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 Labrador Iron pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Labrador Iron pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Labrador Iron pink sheet over time.
Current vs Lagged Prices |
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Labrador Iron Lagged Returns
When evaluating Labrador Iron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Labrador Iron pink sheet have on its future price. Labrador Iron 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, Labrador Iron autocorrelation shows the relationship between Labrador Iron pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Labrador Iron Ore.
Regressed Prices |
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Other Information on Investing in Labrador Pink Sheet
Labrador Iron financial ratios help investors to determine whether Labrador Pink Sheet 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 Labrador with respect to the benefits of owning Labrador Iron security.