Lotus Bakeries (Belgium) Market Value
| LOTB Stock | EUR 11,360 80.00 0.70% |
| Symbol | Lotus |
Lotus Bakeries '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 Lotus Bakeries' 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 Lotus Bakeries.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Lotus Bakeries on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Lotus Bakeries or generate 0.0% return on investment in Lotus Bakeries over 30 days. Lotus Bakeries is related to or competes with Sofina Socit, Ackermans Van, Melexis NV, DIeteren Group, and Etablissementen Franz. Lotus Bakeries NV provides various snack products in Belgium and internationally More
Lotus Bakeries 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 Lotus Bakeries' 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 Lotus Bakeries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.55 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.84 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.82 |
Lotus Bakeries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lotus Bakeries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lotus Bakeries' standard deviation. In reality, there are many statistical measures that can use Lotus Bakeries historical prices to predict the future Lotus Bakeries' volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | 0.0392 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.12) |
Lotus Bakeries Backtested Returns
Lotus Bakeries has Sharpe Ratio of -0.0021, which conveys that the firm had a -0.0021% return per unit of risk over the last 3 months. Lotus Bakeries exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lotus Bakeries' Downside Deviation of 1.55, risk adjusted performance of 0.0217, and Mean Deviation of 0.932 to check out the risk estimate we provide. 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, returns on owning Lotus Bakeries are expected to decrease at a much lower rate. During the bear market, Lotus Bakeries is likely to outperform the market. At this point, Lotus Bakeries has a negative expected return of -0.0027%. Please make sure to verify Lotus Bakeries' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Lotus Bakeries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Lotus Bakeries has very weak predictability. Overlapping area represents the amount of predictability between Lotus Bakeries time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Lotus Bakeries price movement. The serial correlation of 0.17 indicates that over 17.0% of current Lotus Bakeries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 29.8 K |
Lotus Bakeries lagged returns against current returns
Autocorrelation, which is Lotus Bakeries 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 Lotus Bakeries' stock expected returns. We can calculate the autocorrelation of Lotus Bakeries returns to help us make a trade decision. For example, suppose you find that Lotus Bakeries 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 |
Lotus Bakeries 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 Lotus Bakeries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lotus Bakeries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lotus Bakeries stock over time.
Current vs Lagged Prices |
| Timeline |
Lotus Bakeries Lagged Returns
When evaluating Lotus Bakeries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lotus Bakeries stock have on its future price. Lotus Bakeries 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, Lotus Bakeries autocorrelation shows the relationship between Lotus Bakeries stock current value and its past values and can show if there is a momentum factor associated with investing in Lotus Bakeries.
Regressed Prices |
| Timeline |
Pair Trading with Lotus Bakeries
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 Lotus Bakeries 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 Lotus Bakeries will appreciate offsetting losses from the drop in the long position's value.Moving together with Lotus Stock
Moving against Lotus Stock
The ability to find closely correlated positions to Lotus Bakeries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lotus Bakeries 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 Lotus Bakeries - 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 Lotus Bakeries to buy it.
The correlation of Lotus Bakeries 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 Lotus Bakeries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lotus Bakeries 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 Lotus Bakeries 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 Lotus Stock Analysis
When running Lotus Bakeries' price analysis, check to measure Lotus Bakeries' 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 Lotus Bakeries is operating at the current time. Most of Lotus Bakeries' value examination focuses on studying past and present price action to predict the probability of Lotus Bakeries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotus Bakeries' price. Additionally, you may evaluate how the addition of Lotus Bakeries to your portfolios can decrease your overall portfolio volatility.