Lara Exploration Stock Market Value
| LRAXF Stock | USD 1.00 0.11 12.36% |
| Symbol | Lara |
Lara Exploration '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 Lara Exploration's pink sheet 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 Lara Exploration.
| 01/18/2023 |
| 01/07/2025 |
If you would invest 0.00 in Lara Exploration on January 18, 2023 and sell it all today you would earn a total of 0.00 from holding Lara Exploration or generate 0.0% return on investment in Lara Exploration over 720 days. Lara Exploration is related to or competes with Adriatic Metals, Aftermath Silver, Alphamin Resources, Vizsla Resources, Eramet SA, Trilogy Metals, and Anglo American. Lara Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in South America More
Lara Exploration 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 Lara Exploration's pink sheet 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 Lara Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.22 | |||
| Information Ratio | 0.0491 | |||
| Maximum Drawdown | 63.82 | |||
| Value At Risk | (8.65) | |||
| Potential Upside | 10.47 |
Lara Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lara Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lara Exploration's standard deviation. In reality, there are many statistical measures that can use Lara Exploration historical prices to predict the future Lara Exploration's volatility.| Risk Adjusted Performance | 0.0515 | |||
| Jensen Alpha | 0.4608 | |||
| Total Risk Alpha | 0.2441 | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lara Exploration's 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.
Lara Exploration Backtested Returns
Lara Exploration appears to be out of control, given 3 months investment horizon. Lara Exploration has Sharpe Ratio of 0.0954, which conveys that the firm had a 0.0954% return per unit of risk over the last 3 months. By analyzing Lara Exploration's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise Lara Exploration's Downside Deviation of 8.22, risk adjusted performance of 0.0515, and Mean Deviation of 4.24 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lara Exploration holds a performance score of 7. The company secures a Beta (Market Risk) of -1.57, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Lara Exploration are expected to decrease by larger amounts. On the other hand, during market turmoil, Lara Exploration is expected to outperform it. Please check Lara Exploration's value at risk, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Lara Exploration's current price movements will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Lara Exploration has modest reverse predictability. Overlapping area represents the amount of predictability between Lara Exploration time series from 18th of January 2023 to 13th of January 2024 and 13th of January 2024 to 7th 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 Lara Exploration price movement. The serial correlation of -0.49 indicates that about 49.0% of current Lara Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Lara Exploration lagged returns against current returns
Autocorrelation, which is Lara Exploration pink sheet'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 Lara Exploration's pink sheet expected returns. We can calculate the autocorrelation of Lara Exploration returns to help us make a trade decision. For example, suppose you find that Lara Exploration has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Lara Exploration 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 Lara Exploration pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lara Exploration pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lara Exploration pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lara Exploration Lagged Returns
When evaluating Lara Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lara Exploration pink sheet have on its future price. Lara Exploration 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, Lara Exploration autocorrelation shows the relationship between Lara Exploration pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lara Exploration.
Regressed Prices |
| Timeline |
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Other Information on Investing in Lara Pink Sheet
Lara Exploration financial ratios help investors to determine whether Lara Pink Sheet 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 Lara with respect to the benefits of owning Lara Exploration security.