LPKF Laser (Germany) Market Value
| LPK Stock | EUR 8.00 0.23 2.79% |
| Symbol | LPKF |
LPKF Laser '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 LPKF Laser'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 LPKF Laser.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in LPKF Laser on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding LPKF Laser Electronics or generate 0.0% return on investment in LPKF Laser over 90 days. LPKF Laser is related to or competes with UNITED UTILITIES, TOREX SEMICONDUCTOR, JAPAN TOBACCO, MAVEN WIRELESS, ELMOS SEMICONDUCTOR, Ribbon Communications, and BRIT AMER. LPKF Laser Electronics AG, together with its subsidiaries, designs and manufactures laser systems in Germany, Rest of Eu... More
LPKF Laser 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 LPKF Laser'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 LPKF Laser Electronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0183 | |||
| Maximum Drawdown | 20.36 | |||
| Value At Risk | (3.99) | |||
| Potential Upside | 3.56 |
LPKF Laser Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LPKF Laser's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LPKF Laser's standard deviation. In reality, there are many statistical measures that can use LPKF Laser historical prices to predict the future LPKF Laser's volatility.| Risk Adjusted Performance | 0.0013 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.4432 | |||
| Treynor Ratio | 0.1242 |
LPKF Laser Electronics Backtested Returns
LPKF Laser Electronics has Sharpe Ratio of -0.0394, which conveys that the firm had a -0.0394 % return per unit of volatility over the last 3 months. LPKF Laser exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LPKF Laser's risk adjusted performance of 0.0013, and Mean Deviation of 2.25 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning LPKF Laser are expected to decrease at a much lower rate. During the bear market, LPKF Laser is likely to outperform the market. At this point, LPKF Laser Electronics has a negative expected return of -0.1%. Please make sure to verify LPKF Laser's treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if LPKF Laser Electronics performance from the past will be repeated at future time.
Auto-correlation | -0.16 |
Insignificant reverse predictability
LPKF Laser Electronics has insignificant reverse predictability. Overlapping area represents the amount of predictability between LPKF Laser time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 LPKF Laser Electronics price movement. The serial correlation of -0.16 indicates that over 16.0% of current LPKF Laser price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
LPKF Laser Electronics lagged returns against current returns
Autocorrelation, which is LPKF Laser 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 LPKF Laser's stock expected returns. We can calculate the autocorrelation of LPKF Laser returns to help us make a trade decision. For example, suppose you find that LPKF Laser 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 |
LPKF Laser 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 LPKF Laser stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LPKF Laser stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LPKF Laser stock over time.
Current vs Lagged Prices |
| Timeline |
LPKF Laser Lagged Returns
When evaluating LPKF Laser's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LPKF Laser stock have on its future price. LPKF Laser 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, LPKF Laser autocorrelation shows the relationship between LPKF Laser stock current value and its past values and can show if there is a momentum factor associated with investing in LPKF Laser Electronics.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LPKF Stock
LPKF Laser financial ratios help investors to determine whether LPKF 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 LPKF with respect to the benefits of owning LPKF Laser security.