Lleidanetworks Serveis (Spain) Market Value
| LLN Stock | EUR 1.15 0.03 2.54% |
| Symbol | Lleidanetworks |
Lleidanetworks Serveis '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 Lleidanetworks Serveis' 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 Lleidanetworks Serveis.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Lleidanetworks Serveis on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Lleidanetworks Serveis Telematics or generate 0.0% return on investment in Lleidanetworks Serveis over 90 days. Lleidanetworks Serveis is related to or competes with Ebro Foods, Energy Solar, Biotechnology Assets, Atom Hoteles, Media Investment, and Arrienda Rental. LleidaNetworks Serveis Telemtics, S.A. provides SMS solutions worldwide More
Lleidanetworks Serveis 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 Lleidanetworks Serveis' 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 Lleidanetworks Serveis Telematics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.96 | |||
| Information Ratio | 0.0996 | |||
| Maximum Drawdown | 21.18 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 5.41 |
Lleidanetworks Serveis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lleidanetworks Serveis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lleidanetworks Serveis' standard deviation. In reality, there are many statistical measures that can use Lleidanetworks Serveis historical prices to predict the future Lleidanetworks Serveis' volatility.| Risk Adjusted Performance | 0.0698 | |||
| Jensen Alpha | 0.2611 | |||
| Total Risk Alpha | 0.6849 | |||
| Sortino Ratio | 0.1189 | |||
| Treynor Ratio | 1.43 |
Lleidanetworks Serveis Backtested Returns
Lleidanetworks Serveis appears to be dangerous, given 3 months investment horizon. Lleidanetworks Serveis has Sharpe Ratio of 0.0715, which conveys that the firm had a 0.0715 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lleidanetworks Serveis, which you can use to evaluate the volatility of the firm. Please exercise Lleidanetworks Serveis' Risk Adjusted Performance of 0.0698, downside deviation of 2.96, and Mean Deviation of 2.29 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lleidanetworks Serveis holds a performance score of 5. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lleidanetworks Serveis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lleidanetworks Serveis is expected to be smaller as well. Please check Lleidanetworks Serveis' maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Lleidanetworks Serveis' current price movements will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Lleidanetworks Serveis Telematics has weak reverse predictability. Overlapping area represents the amount of predictability between Lleidanetworks Serveis time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Lleidanetworks Serveis price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Lleidanetworks Serveis price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lleidanetworks Serveis lagged returns against current returns
Autocorrelation, which is Lleidanetworks Serveis 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 Lleidanetworks Serveis' stock expected returns. We can calculate the autocorrelation of Lleidanetworks Serveis returns to help us make a trade decision. For example, suppose you find that Lleidanetworks Serveis 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 |
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Lleidanetworks Serveis 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 Lleidanetworks Serveis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lleidanetworks Serveis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lleidanetworks Serveis stock over time.
Current vs Lagged Prices |
| Timeline |
Lleidanetworks Serveis Lagged Returns
When evaluating Lleidanetworks Serveis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lleidanetworks Serveis stock have on its future price. Lleidanetworks Serveis 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, Lleidanetworks Serveis autocorrelation shows the relationship between Lleidanetworks Serveis stock current value and its past values and can show if there is a momentum factor associated with investing in Lleidanetworks Serveis Telematics.
Regressed Prices |
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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.Other Information on Investing in Lleidanetworks Stock
Lleidanetworks Serveis financial ratios help investors to determine whether Lleidanetworks Stock 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 Lleidanetworks with respect to the benefits of owning Lleidanetworks Serveis security.