Live Motion (Poland) Market Value
| LMG Stock | 1.21 0.02 1.68% |
| Symbol | Live |
Live Motion '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 Live Motion'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 Live Motion.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Live Motion on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Live Motion Games or generate 0.0% return on investment in Live Motion over 360 days. Live Motion is related to or competes with ECC Games, Asseco Business, Movie Games, and Igoria Trade. More
Live Motion 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 Live Motion'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 Live Motion Games upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 20.21 | |||
| Value At Risk | (6.87) | |||
| Potential Upside | 5.26 |
Live Motion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Live Motion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Live Motion's standard deviation. In reality, there are many statistical measures that can use Live Motion historical prices to predict the future Live Motion's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (1.35) | |||
| Treynor Ratio | 0.968 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Live Motion's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Live Motion Games Backtested Returns
Live Motion Games has Sharpe Ratio of -0.27, which conveys that the firm had a -0.27% return per unit of risk over the last 3 months. Live Motion exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Live Motion's Standard Deviation of 3.76, risk adjusted performance of (0.15), and Mean Deviation of 2.68 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.82, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Live Motion are expected to decrease at a much lower rate. During the bear market, Live Motion is likely to outperform the market. At this point, Live Motion Games has a negative expected return of -1.0%. Please make sure to verify Live Motion's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Live Motion Games performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.69 |
Good predictability
Live Motion Games has good predictability. Overlapping area represents the amount of predictability between Live Motion time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Live Motion Games price movement. The serial correlation of 0.69 indicates that around 69.0% of current Live Motion price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Live Motion Games lagged returns against current returns
Autocorrelation, which is Live Motion 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 Live Motion's stock expected returns. We can calculate the autocorrelation of Live Motion returns to help us make a trade decision. For example, suppose you find that Live Motion 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 |
Live Motion 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 Live Motion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Live Motion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Live Motion stock over time.
Current vs Lagged Prices |
| Timeline |
Live Motion Lagged Returns
When evaluating Live Motion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Live Motion stock have on its future price. Live Motion 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, Live Motion autocorrelation shows the relationship between Live Motion stock current value and its past values and can show if there is a momentum factor associated with investing in Live Motion Games.
Regressed Prices |
| Timeline |
Pair Trading with Live Motion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Live Motion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Live Motion will appreciate offsetting losses from the drop in the long position's value.Moving together with Live Stock
Moving against Live Stock
The ability to find closely correlated positions to Live Motion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Live Motion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Live Motion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Live Motion Games to buy it.
The correlation of Live Motion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Live Motion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Live Motion Games moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Live Motion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Live Stock Analysis
When running Live Motion's price analysis, check to measure Live Motion'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 Live Motion is operating at the current time. Most of Live Motion's value examination focuses on studying past and present price action to predict the probability of Live Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Motion's price. Additionally, you may evaluate how the addition of Live Motion to your portfolios can decrease your overall portfolio volatility.