LIVINGTRUST MORTGAGE (Nigeria) Market Value
| LIVINGTRUST | 4.81 0.00 0.00% |
| Symbol | LIVINGTRUST |
LIVINGTRUST MORTGAGE '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 LIVINGTRUST MORTGAGE'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 LIVINGTRUST MORTGAGE.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in LIVINGTRUST MORTGAGE on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding LIVINGTRUST MORTGAGE BANK or generate 0.0% return on investment in LIVINGTRUST MORTGAGE over 30 days.
LIVINGTRUST MORTGAGE 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 LIVINGTRUST MORTGAGE'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 LIVINGTRUST MORTGAGE BANK upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2707 | |||
| Maximum Drawdown | 10.0 | |||
| Potential Upside | 9.82 |
LIVINGTRUST MORTGAGE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LIVINGTRUST MORTGAGE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LIVINGTRUST MORTGAGE's standard deviation. In reality, there are many statistical measures that can use LIVINGTRUST MORTGAGE historical prices to predict the future LIVINGTRUST MORTGAGE's volatility.| Risk Adjusted Performance | 0.2464 | |||
| Jensen Alpha | 0.7511 | |||
| Total Risk Alpha | 0.6609 | |||
| Treynor Ratio | (1.71) |
LIVINGTRUST MORTGAGE BANK Backtested Returns
LIVINGTRUST MORTGAGE appears to be slightly risky, given 3 months investment horizon. LIVINGTRUST MORTGAGE BANK has Sharpe Ratio of 0.3, which conveys that the firm had a 0.3 % return per unit of standard deviation over the last 3 months. By inspecting LIVINGTRUST MORTGAGE's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise LIVINGTRUST MORTGAGE's Risk Adjusted Performance of 0.2464, market risk adjusted performance of (1.70), and Mean Deviation of 1.39 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LIVINGTRUST MORTGAGE holds a performance score of 23. The company secures a Beta (Market Risk) of -0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning LIVINGTRUST MORTGAGE are expected to decrease at a much lower rate. During the bear market, LIVINGTRUST MORTGAGE is likely to outperform the market. Please check LIVINGTRUST MORTGAGE's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis , to make a quick decision on whether LIVINGTRUST MORTGAGE's current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
LIVINGTRUST MORTGAGE BANK has no correlation between past and present. Overlapping area represents the amount of predictability between LIVINGTRUST MORTGAGE time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 LIVINGTRUST MORTGAGE BANK price movement. The serial correlation of 0.0 indicates that just 0.0% of current LIVINGTRUST MORTGAGE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LIVINGTRUST MORTGAGE BANK lagged returns against current returns
Autocorrelation, which is LIVINGTRUST MORTGAGE 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 LIVINGTRUST MORTGAGE's stock expected returns. We can calculate the autocorrelation of LIVINGTRUST MORTGAGE returns to help us make a trade decision. For example, suppose you find that LIVINGTRUST MORTGAGE 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 |
LIVINGTRUST MORTGAGE 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 LIVINGTRUST MORTGAGE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LIVINGTRUST MORTGAGE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LIVINGTRUST MORTGAGE stock over time.
Current vs Lagged Prices |
| Timeline |
LIVINGTRUST MORTGAGE Lagged Returns
When evaluating LIVINGTRUST MORTGAGE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LIVINGTRUST MORTGAGE stock have on its future price. LIVINGTRUST MORTGAGE 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, LIVINGTRUST MORTGAGE autocorrelation shows the relationship between LIVINGTRUST MORTGAGE stock current value and its past values and can show if there is a momentum factor associated with investing in LIVINGTRUST MORTGAGE BANK.
Regressed Prices |
| Timeline |
Also Currently Popular
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 LIVINGTRUST Stock Analysis
When running LIVINGTRUST MORTGAGE's price analysis, check to measure LIVINGTRUST MORTGAGE'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 LIVINGTRUST MORTGAGE is operating at the current time. Most of LIVINGTRUST MORTGAGE's value examination focuses on studying past and present price action to predict the probability of LIVINGTRUST MORTGAGE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LIVINGTRUST MORTGAGE's price. Additionally, you may evaluate how the addition of LIVINGTRUST MORTGAGE to your portfolios can decrease your overall portfolio volatility.