Linc (India) Market Value
| LINC Stock | 761.80 5.15 0.68% |
| Symbol | Linc |
Linc '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 Linc'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 Linc.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Linc on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Linc Limited or generate 0.0% return on investment in Linc over 720 days. Linc is related to or competes with Dodla Dairy, Patanjali Foods, Consolidated Construction, Fairchem Organics, Apex Frozen, and Parag Milk. More
Linc 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 Linc'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 Linc Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.0407 | |||
| Maximum Drawdown | 9.07 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 3.7 |
Linc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Linc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Linc's standard deviation. In reality, there are many statistical measures that can use Linc historical prices to predict the future Linc's volatility.| Risk Adjusted Performance | 0.0566 | |||
| Jensen Alpha | 0.1607 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0441 | |||
| Treynor Ratio | (2.51) |
Linc Limited Backtested Returns
Currently, Linc Limited is very steady. Linc Limited has Sharpe Ratio of 0.0684, which conveys that the firm had a 0.0684% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Linc, which you can use to evaluate the volatility of the firm. Please verify Linc's Risk Adjusted Performance of 0.0566, downside deviation of 2.25, and Mean Deviation of 1.65 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Linc has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0625, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Linc are expected to decrease at a much lower rate. During the bear market, Linc is likely to outperform the market. Linc Limited right now secures a risk of 2.44%. Please verify Linc Limited sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Linc Limited will be following its current price movements.
Auto-correlation | 0.21 |
Weak predictability
Linc Limited has weak predictability. Overlapping area represents the amount of predictability between Linc time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Linc Limited price movement. The serial correlation of 0.21 indicates that over 21.0% of current Linc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 2623.78 |
Linc Limited lagged returns against current returns
Autocorrelation, which is Linc 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 Linc's stock expected returns. We can calculate the autocorrelation of Linc returns to help us make a trade decision. For example, suppose you find that Linc 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 |
Linc 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 Linc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Linc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Linc stock over time.
Current vs Lagged Prices |
| Timeline |
Linc Lagged Returns
When evaluating Linc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Linc stock have on its future price. Linc 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, Linc autocorrelation shows the relationship between Linc stock current value and its past values and can show if there is a momentum factor associated with investing in Linc Limited.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Linc Stock Analysis
When running Linc's price analysis, check to measure Linc'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 Linc is operating at the current time. Most of Linc's value examination focuses on studying past and present price action to predict the probability of Linc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linc's price. Additionally, you may evaluate how the addition of Linc to your portfolios can decrease your overall portfolio volatility.