Lotus Resources Limited Stock Market Value
| LTSRF Stock | USD 0.16 0.00 0.00% |
| Symbol | Lotus |
Lotus Resources '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 Lotus Resources' otc 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 Lotus Resources.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Lotus Resources on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Lotus Resources Limited or generate 0.0% return on investment in Lotus Resources over 30 days. Lotus Resources is related to or competes with Filo Mining, Global Atomic, CanAlaska Uranium, Forsys Metals, Skyharbour Resources, Boss Resources, and Aldebaran Resources. Lotus Resources Limited explores for, develops, and evaluates mineral properties in Australia and Africa More
Lotus Resources 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 Lotus Resources' otc 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 Lotus Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.5 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 27.62 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 10.53 |
Lotus Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lotus Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lotus Resources' standard deviation. In reality, there are many statistical measures that can use Lotus Resources historical prices to predict the future Lotus Resources' volatility.| Risk Adjusted Performance | 0.0181 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.90) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0768 |
Lotus Resources Backtested Returns
Lotus Resources appears to be out of control, given 3 months investment horizon. Lotus Resources has Sharpe Ratio of 0.0458, which conveys that the firm had a 0.0458% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lotus Resources, which you can use to evaluate the volatility of the firm. Please exercise Lotus Resources' Mean Deviation of 4.02, downside deviation of 7.5, and Risk Adjusted Performance of 0.0181 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lotus Resources holds a performance score of 3. The company secures a Beta (Market Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lotus Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lotus Resources is expected to be smaller as well. Please check Lotus Resources' potential upside, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Lotus Resources' current price movements will revert.
Auto-correlation | -0.04 |
Very weak reverse predictability
Lotus Resources Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Lotus Resources time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lotus Resources price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Lotus Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lotus Resources lagged returns against current returns
Autocorrelation, which is Lotus Resources otc 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 Lotus Resources' otc stock expected returns. We can calculate the autocorrelation of Lotus Resources returns to help us make a trade decision. For example, suppose you find that Lotus Resources has exhibited high autocorrelation historically, and you observe that the otc 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 |
Lotus Resources 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 Lotus Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lotus Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lotus Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Lotus Resources Lagged Returns
When evaluating Lotus Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lotus Resources otc stock have on its future price. Lotus Resources 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, Lotus Resources autocorrelation shows the relationship between Lotus Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lotus Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lotus OTC Stock
Lotus Resources financial ratios help investors to determine whether Lotus OTC 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 Lotus with respect to the benefits of owning Lotus Resources security.