LNA Sante (France) Market Value
| LNA Stock | EUR 23.45 0.70 3.08% |
| Symbol | LNA |
LNA Sante '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 LNA Sante'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 LNA Sante.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in LNA Sante on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding LNA Sante SA or generate 0.0% return on investment in LNA Sante over 30 days. LNA Sante is related to or competes with Bastide Le, Guerbet S, and Virbac SA. LNA Sant SA operates and manages full-care facilities for the dependent elderly persons under the LNA Sant brand in Fran... More
LNA Sante 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 LNA Sante'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 LNA Sante SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.89 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 4.64 |
LNA Sante Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LNA Sante's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LNA Sante's standard deviation. In reality, there are many statistical measures that can use LNA Sante historical prices to predict the future LNA Sante's volatility.| Risk Adjusted Performance | 0.0023 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.35) |
LNA Sante SA Backtested Returns
At this point, LNA Sante is not too volatile. LNA Sante SA retains Efficiency (Sharpe Ratio) of 0.0817, which conveys that the firm had a 0.0817% return per unit of return volatility over the last 3 months. We have found twenty-three technical indicators for LNA Sante, which you can use to evaluate the volatility of the firm. Please verify LNA Sante's Mean Deviation of 1.32, market risk adjusted performance of (0.34), and Standard Deviation of 2.14 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. LNA Sante has a performance score of 6 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.0648, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LNA Sante's returns are expected to increase less than the market. However, during the bear market, the loss of holding LNA Sante is expected to be smaller as well. LNA Sante SA now owns a risk of 1.93%. Please verify LNA Sante SA potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if LNA Sante SA will be following its current price history.
Auto-correlation | -0.29 |
Weak reverse predictability
LNA Sante SA has weak reverse predictability. Overlapping area represents the amount of predictability between LNA Sante time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 LNA Sante SA price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current LNA Sante price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
LNA Sante SA lagged returns against current returns
Autocorrelation, which is LNA Sante 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 LNA Sante's stock expected returns. We can calculate the autocorrelation of LNA Sante returns to help us make a trade decision. For example, suppose you find that LNA Sante 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 |
LNA Sante 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 LNA Sante stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LNA Sante stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LNA Sante stock over time.
Current vs Lagged Prices |
| Timeline |
LNA Sante Lagged Returns
When evaluating LNA Sante's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LNA Sante stock have on its future price. LNA Sante 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, LNA Sante autocorrelation shows the relationship between LNA Sante stock current value and its past values and can show if there is a momentum factor associated with investing in LNA Sante SA.
Regressed Prices |
| Timeline |
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 LNA Stock
LNA Sante financial ratios help investors to determine whether LNA 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 LNA with respect to the benefits of owning LNA Sante security.