Laredo Oil Stock Market Value
| LRDC Stock | USD 0.40 0.02 5.26% |
| Symbol | Laredo |
Laredo Oil '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 Laredo Oil'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 Laredo Oil.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Laredo Oil on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Laredo Oil or generate 0.0% return on investment in Laredo Oil over 90 days. Laredo Oil is related to or competes with Freehold Royalties, Capricorn Energy, PrairieSky Royalty, Tamarack Valley, MEG Energy, Tourmaline Oil, and Cardinal Energy. Laredo Oil, Inc., an oil exploration and production company, engages in the acquisition and exploration of mature oil fi... More
Laredo Oil 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 Laredo Oil'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 Laredo Oil upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.91 | |||
| Information Ratio | 0.04 | |||
| Maximum Drawdown | 31.78 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 8.82 |
Laredo Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Laredo Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Laredo Oil's standard deviation. In reality, there are many statistical measures that can use Laredo Oil historical prices to predict the future Laredo Oil's volatility.| Risk Adjusted Performance | 0.024 | |||
| Jensen Alpha | 0.249 | |||
| Total Risk Alpha | 1.12 | |||
| Sortino Ratio | 0.0307 | |||
| Treynor Ratio | 0.0963 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Laredo Oil'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.
Laredo Oil Backtested Returns
Laredo Oil appears to be out of control, given 3 months investment horizon. Laredo Oil has Sharpe Ratio of 0.0839, which conveys that the firm had a 0.0839 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Laredo Oil, which you can use to evaluate the volatility of the firm. Please exercise Laredo Oil's Downside Deviation of 7.91, mean deviation of 4.25, and Risk Adjusted Performance of 0.024 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Laredo Oil holds a performance score of 6. The company secures a Beta (Market Risk) of 1.04, which conveys a somewhat significant risk relative to the market. Laredo Oil returns are very sensitive to returns on the market. As the market goes up or down, Laredo Oil is expected to follow. Please check Laredo Oil's treynor ratio, expected short fall, day typical price, as well as the relationship between the potential upside and daily balance of power , to make a quick decision on whether Laredo Oil's current price movements will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Laredo Oil has insignificant reverse predictability. Overlapping area represents the amount of predictability between Laredo Oil 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 Laredo Oil price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Laredo Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Laredo Oil lagged returns against current returns
Autocorrelation, which is Laredo Oil 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 Laredo Oil's pink sheet expected returns. We can calculate the autocorrelation of Laredo Oil returns to help us make a trade decision. For example, suppose you find that Laredo Oil 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 |
Laredo Oil 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 Laredo Oil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Laredo Oil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Laredo Oil pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Laredo Oil Lagged Returns
When evaluating Laredo Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Laredo Oil pink sheet have on its future price. Laredo Oil 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, Laredo Oil autocorrelation shows the relationship between Laredo Oil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Laredo Oil.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Laredo Pink Sheet
Laredo Oil financial ratios help investors to determine whether Laredo 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 Laredo with respect to the benefits of owning Laredo Oil security.