Linedata Services (Germany) Market Value
| LN4 Stock | 83.40 1.80 2.21% |
| Symbol | Linedata |
Linedata Services '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 Linedata Services' 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 Linedata Services.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Linedata Services on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Linedata Services SA or generate 0.0% return on investment in Linedata Services over 60 days. Linedata Services is related to or competes with North American, TITAN MACHINERY, Goodyear Tire, Titan Machinery, WIMFARM SA, and Tokyu Construction. More
Linedata Services 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 Linedata Services' 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 Linedata Services SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0484 | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.21 |
Linedata Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Linedata Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Linedata Services' standard deviation. In reality, there are many statistical measures that can use Linedata Services historical prices to predict the future Linedata Services' volatility.| Risk Adjusted Performance | 0.0574 | |||
| Jensen Alpha | 0.0704 | |||
| Total Risk Alpha | 0.0532 | |||
| Sortino Ratio | 0.0463 | |||
| Treynor Ratio | 0.5819 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Linedata Services' 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.
Linedata Services Backtested Returns
Currently, Linedata Services SA is very steady. Linedata Services has Sharpe Ratio of 0.0849, which conveys that the firm had a 0.0849% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Linedata Services, which you can use to evaluate the volatility of the firm. Please verify Linedata Services' Risk Adjusted Performance of 0.0574, mean deviation of 0.7904, and Downside Deviation of 1.29 to check out if the risk estimate we provide is consistent with the expected return of 0.1%. Linedata Services has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Linedata Services' returns are expected to increase less than the market. However, during the bear market, the loss of holding Linedata Services is expected to be smaller as well. Linedata Services right now secures a risk of 1.2%. Please verify Linedata Services SA semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Linedata Services SA will be following its current price movements.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Linedata Services SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Linedata Services time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Linedata Services price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Linedata Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 2.68 |
Linedata Services lagged returns against current returns
Autocorrelation, which is Linedata Services 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 Linedata Services' stock expected returns. We can calculate the autocorrelation of Linedata Services returns to help us make a trade decision. For example, suppose you find that Linedata Services 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 |
Linedata Services 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 Linedata Services stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Linedata Services stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Linedata Services stock over time.
Current vs Lagged Prices |
| Timeline |
Linedata Services Lagged Returns
When evaluating Linedata Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Linedata Services stock have on its future price. Linedata Services 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, Linedata Services autocorrelation shows the relationship between Linedata Services stock current value and its past values and can show if there is a momentum factor associated with investing in Linedata Services SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Linedata Stock Analysis
When running Linedata Services' price analysis, check to measure Linedata Services' 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 Linedata Services is operating at the current time. Most of Linedata Services' value examination focuses on studying past and present price action to predict the probability of Linedata Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linedata Services' price. Additionally, you may evaluate how the addition of Linedata Services to your portfolios can decrease your overall portfolio volatility.