Laurentian Bank Of Stock Market Value
| LRCDF Stock | USD 19.90 0.07 0.35% |
| Symbol | Laurentian |
Laurentian Bank '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 Laurentian Bank'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 Laurentian Bank.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in Laurentian Bank on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Laurentian Bank of or generate 0.0% return on investment in Laurentian Bank over 30 days. Laurentian Bank is related to or competes with BlackRock MIT, BlackRock Municipal, BlackRock Long, and Blackrock Munivest. Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, an... More
Laurentian Bank 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 Laurentian Bank'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 Laurentian Bank of upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.29 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 2.3 |
Laurentian Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Laurentian Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Laurentian Bank's standard deviation. In reality, there are many statistical measures that can use Laurentian Bank historical prices to predict the future Laurentian Bank's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.2009 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Laurentian Bank'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.
Laurentian Bank Backtested Returns
At this point, Laurentian Bank is very steady. Laurentian Bank has Sharpe Ratio of 0.0618, which conveys that the firm had a 0.0618% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Laurentian Bank, which you can use to evaluate the volatility of the firm. Please verify Laurentian Bank's insignificant Risk Adjusted Performance, mean deviation of 0.5807, and Standard Deviation of 1.21 to check out if the risk estimate we provide is consistent with the expected return of 0.0671%. Laurentian Bank has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Laurentian Bank are expected to decrease at a much lower rate. During the bear market, Laurentian Bank is likely to outperform the market. Laurentian Bank right now secures a risk of 1.09%. Please verify Laurentian Bank of skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Laurentian Bank of will be following its current price movements.
Auto-correlation | 0.82 |
Very good predictability
Laurentian Bank of has very good predictability. Overlapping area represents the amount of predictability between Laurentian Bank time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 Laurentian Bank price movement. The serial correlation of 0.82 indicates that around 82.0% of current Laurentian Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Laurentian Bank lagged returns against current returns
Autocorrelation, which is Laurentian Bank 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 Laurentian Bank's pink sheet expected returns. We can calculate the autocorrelation of Laurentian Bank returns to help us make a trade decision. For example, suppose you find that Laurentian Bank 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 |
Laurentian Bank 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 Laurentian Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Laurentian Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Laurentian Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Laurentian Bank Lagged Returns
When evaluating Laurentian Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Laurentian Bank pink sheet have on its future price. Laurentian Bank 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, Laurentian Bank autocorrelation shows the relationship between Laurentian Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Laurentian Bank of.
Regressed Prices |
| Timeline |
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Other Information on Investing in Laurentian Pink Sheet
Laurentian Bank financial ratios help investors to determine whether Laurentian 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 Laurentian with respect to the benefits of owning Laurentian Bank security.