Liechtensteinische (Switzerland) Market Value
| LLBN Stock | CHF 68.60 0.30 0.44% |
| Symbol | Liechtensteinische |
Liechtensteinische '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 Liechtensteinische'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 Liechtensteinische.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Liechtensteinische on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Liechtensteinische Landesbank AG or generate 0.0% return on investment in Liechtensteinische over 720 days. Liechtensteinische is related to or competes with VP Bank, Valiant Holding, Glarner Kantonalbank, Berner Kantonalbank, and Banque Cantonale. Liechtensteinische Landesbank Aktiengesellschaft provides banking products and services in Liechtenstein, Switzerland, A... More
Liechtensteinische 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 Liechtensteinische'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 Liechtensteinische Landesbank AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.27 |
Liechtensteinische Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Liechtensteinische's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Liechtensteinische's standard deviation. In reality, there are many statistical measures that can use Liechtensteinische historical prices to predict the future Liechtensteinische's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.52) |
Liechtensteinische Backtested Returns
Liechtensteinische has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Liechtensteinische exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Liechtensteinische's Standard Deviation of 0.7694, mean deviation of 0.5929, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Liechtensteinische's returns are expected to increase less than the market. However, during the bear market, the loss of holding Liechtensteinische is expected to be smaller as well. At this point, Liechtensteinische has a negative expected return of -0.0779%. Please make sure to verify Liechtensteinische's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Liechtensteinische performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Liechtensteinische Landesbank AG has good predictability. Overlapping area represents the amount of predictability between Liechtensteinische time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Liechtensteinische price movement. The serial correlation of 0.68 indicates that around 68.0% of current Liechtensteinische price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 10.63 |
Liechtensteinische lagged returns against current returns
Autocorrelation, which is Liechtensteinische 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 Liechtensteinische's stock expected returns. We can calculate the autocorrelation of Liechtensteinische returns to help us make a trade decision. For example, suppose you find that Liechtensteinische 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 |
Liechtensteinische 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 Liechtensteinische stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Liechtensteinische stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Liechtensteinische stock over time.
Current vs Lagged Prices |
| Timeline |
Liechtensteinische Lagged Returns
When evaluating Liechtensteinische's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Liechtensteinische stock have on its future price. Liechtensteinische 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, Liechtensteinische autocorrelation shows the relationship between Liechtensteinische stock current value and its past values and can show if there is a momentum factor associated with investing in Liechtensteinische Landesbank AG.
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 Liechtensteinische Stock Analysis
When running Liechtensteinische's price analysis, check to measure Liechtensteinische'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 Liechtensteinische is operating at the current time. Most of Liechtensteinische's value examination focuses on studying past and present price action to predict the probability of Liechtensteinische's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liechtensteinische's price. Additionally, you may evaluate how the addition of Liechtensteinische to your portfolios can decrease your overall portfolio volatility.