Labor Smart Stock Market Value
| LTNC Stock | USD 0 0.0001 7.69% |
| Symbol | Labor |
Labor Smart '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 Labor Smart'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 Labor Smart.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Labor Smart on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Labor Smart or generate 0.0% return on investment in Labor Smart over 90 days. Labor Smart, Inc. provides temporary blue-collar staffing services primarily in the United States More
Labor Smart 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 Labor Smart'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 Labor Smart upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 33.57 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 9.09 |
Labor Smart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Labor Smart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Labor Smart's standard deviation. In reality, there are many statistical measures that can use Labor Smart historical prices to predict the future Labor Smart's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.5533 | |||
| Treynor Ratio | (0.26) |
Labor Smart Backtested Returns
Labor Smart has Sharpe Ratio of -0.0475, which conveys that the firm had a -0.0475 % return per unit of risk over the last 3 months. Labor Smart exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Labor Smart's Standard Deviation of 6.85, mean deviation of 5.16, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.17, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Labor Smart will likely underperform. At this point, Labor Smart has a negative expected return of -0.33%. Please make sure to verify Labor Smart's jensen alpha and the relationship between the value at risk and day typical price , to decide if Labor Smart performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Labor Smart has poor reverse predictability. Overlapping area represents the amount of predictability between Labor Smart time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Labor Smart price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Labor Smart price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Labor Smart lagged returns against current returns
Autocorrelation, which is Labor Smart 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 Labor Smart's pink sheet expected returns. We can calculate the autocorrelation of Labor Smart returns to help us make a trade decision. For example, suppose you find that Labor Smart 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 |
Labor Smart 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 Labor Smart pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Labor Smart pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Labor Smart pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Labor Smart Lagged Returns
When evaluating Labor Smart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Labor Smart pink sheet have on its future price. Labor Smart 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, Labor Smart autocorrelation shows the relationship between Labor Smart pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Labor Smart.
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 Labor Pink Sheet
Labor Smart financial ratios help investors to determine whether Labor 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 Labor with respect to the benefits of owning Labor Smart security.