Lake Resources (Australia) Market Value
| LKE Stock | 0.04 0 2.44% |
| Symbol | Lake |
Lake Resources '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 Lake Resources' 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 Lake Resources.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Lake Resources on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Lake Resources NL or generate 0.0% return on investment in Lake Resources over 30 days. Lake Resources is related to or competes with Pinnacle Investment, Alternative Investment, Sandon Capital, Flagship Investments, Dexus Convenience, and Auctus Alternative. Lake Resources is entity of Australia. It is traded as Stock on AU exchange. More
Lake Resources 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 Lake Resources' 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 Lake Resources NL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.76 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 39.43 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 8.33 |
Lake Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lake Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lake Resources' standard deviation. In reality, there are many statistical measures that can use Lake Resources historical prices to predict the future Lake Resources' volatility.| Risk Adjusted Performance | 0.0182 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0624 |
Lake Resources NL Backtested Returns
Currently, Lake Resources NL is out of control. Lake Resources NL has Sharpe Ratio of 0.0065, which conveys that the firm had a 0.0065% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lake Resources, which you can use to evaluate the volatility of the firm. Please verify Lake Resources' Mean Deviation of 3.8, downside deviation of 4.76, and Risk Adjusted Performance of 0.0182 to check out if the risk estimate we provide is consistent with the expected return of 0.037%. The company secures a Beta (Market Risk) of 1.02, which conveys a somewhat significant risk relative to the market. Lake Resources returns are very sensitive to returns on the market. As the market goes up or down, Lake Resources is expected to follow. Lake Resources NL right now secures a risk of 5.67%. Please verify Lake Resources NL standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Lake Resources NL will be following its current price movements.
Auto-correlation | 0.82 |
Very good predictability
Lake Resources NL has very good predictability. Overlapping area represents the amount of predictability between Lake Resources time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Lake Resources NL price movement. The serial correlation of 0.82 indicates that around 82.0% of current Lake Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lake Resources NL lagged returns against current returns
Autocorrelation, which is Lake Resources 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 Lake Resources' stock expected returns. We can calculate the autocorrelation of Lake Resources returns to help us make a trade decision. For example, suppose you find that Lake Resources 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 |
Lake Resources 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 Lake Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lake Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lake Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Lake Resources Lagged Returns
When evaluating Lake Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lake Resources stock have on its future price. Lake Resources 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, Lake Resources autocorrelation shows the relationship between Lake Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Lake Resources NL.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lake Stock Analysis
When running Lake Resources' price analysis, check to measure Lake Resources' 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 Lake Resources is operating at the current time. Most of Lake Resources' value examination focuses on studying past and present price action to predict the probability of Lake Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lake Resources' price. Additionally, you may evaluate how the addition of Lake Resources to your portfolios can decrease your overall portfolio volatility.