Lancashire Holdings (Germany) Market Value
| LNH Stock | EUR 8.15 0.04 0.49% |
| Symbol | Lancashire |
Lancashire Holdings '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 Lancashire Holdings' 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 Lancashire Holdings.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Lancashire Holdings on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Lancashire Holdings Limited or generate 0.0% return on investment in Lancashire Holdings over 30 days. Lancashire Holdings is related to or competes with First American, MGIC Investment, Trisura. Lancashire Holdings Limited provides specialty insurance and reinsurance products worldwide More
Lancashire Holdings 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 Lancashire Holdings' 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 Lancashire Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.0383 | |||
| Maximum Drawdown | 13.76 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.97 |
Lancashire Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lancashire Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lancashire Holdings' standard deviation. In reality, there are many statistical measures that can use Lancashire Holdings historical prices to predict the future Lancashire Holdings' volatility.| Risk Adjusted Performance | 0.0639 | |||
| Jensen Alpha | 0.084 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0381 | |||
| Treynor Ratio | 0.1643 |
Lancashire Holdings Backtested Returns
At this point, Lancashire Holdings is somewhat reliable. Lancashire Holdings has Sharpe Ratio of 0.0751, which conveys that the firm had a 0.0751% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lancashire Holdings, which you can use to evaluate the volatility of the firm. Please verify Lancashire Holdings' Downside Deviation of 2.52, mean deviation of 1.81, and Risk Adjusted Performance of 0.0639 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. Lancashire Holdings has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.13, which conveys a somewhat significant risk relative to the market. Lancashire Holdings returns are very sensitive to returns on the market. As the market goes up or down, Lancashire Holdings is expected to follow. Lancashire Holdings right now secures a risk of 2.5%. Please verify Lancashire Holdings Limited value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Lancashire Holdings Limited will be following its current price movements.
Auto-correlation | 0.47 |
Average predictability
Lancashire Holdings Limited has average predictability. Overlapping area represents the amount of predictability between Lancashire Holdings time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Lancashire Holdings price movement. The serial correlation of 0.47 indicates that about 47.0% of current Lancashire Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Lancashire Holdings lagged returns against current returns
Autocorrelation, which is Lancashire Holdings 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 Lancashire Holdings' stock expected returns. We can calculate the autocorrelation of Lancashire Holdings returns to help us make a trade decision. For example, suppose you find that Lancashire Holdings 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 |
Lancashire Holdings 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 Lancashire Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lancashire Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lancashire Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Lancashire Holdings Lagged Returns
When evaluating Lancashire Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lancashire Holdings stock have on its future price. Lancashire Holdings 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, Lancashire Holdings autocorrelation shows the relationship between Lancashire Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Lancashire Holdings Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lancashire Stock
Lancashire Holdings financial ratios help investors to determine whether Lancashire 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 Lancashire with respect to the benefits of owning Lancashire Holdings security.