Labrador Iron Ore Stock Market Value
| LIFZF Stock | USD 20.28 0.17 0.85% |
| 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.
| 10/11/2023 |
| 01/03/2025 |
If you would invest 0.00 in Labrador Iron on October 11, 2023 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 450 days. Labrador Iron is related to or competes with Geodrill, and Macmahon Holdings. 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.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 6.09 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 1.61 |
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 | (0.13) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (1.58) |
Labrador Iron Ore Backtested Returns
Labrador Iron Ore 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. Labrador Iron exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Labrador Iron's Risk Adjusted Performance of (0.13), standard deviation of 1.31, and Mean Deviation of 1.02 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Labrador Iron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Labrador Iron is expected to be smaller as well. At this point, Labrador Iron Ore has a negative expected return of -0.25%. Please make sure to verify Labrador Iron's total risk alpha, as well as the relationship between the skewness and day median price , to decide if Labrador Iron Ore performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Labrador Iron Ore has virtually no predictability. Overlapping area represents the amount of predictability between Labrador Iron time series from 11th of October 2023 to 23rd of May 2024 and 23rd of May 2024 to 3rd 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 Labrador Iron Ore price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Labrador Iron price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.08 |
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 |
| Timeline |
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 |
| Timeline |
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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.