Lever Global Stock Market Value
| LVER Stock | 3.11 0.04 1.27% |
| Symbol | Lever |
Lever Global '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 Lever Global's 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 Lever Global.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in Lever Global on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding Lever Global or generate 0.0% return on investment in Lever Global over 720 days.
Lever Global 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 Lever Global's 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 Lever Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.28 | |||
| Information Ratio | 0.1864 | |||
| Maximum Drawdown | 123.14 | |||
| Value At Risk | (7.36) | |||
| Potential Upside | 13.14 |
Lever Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lever Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lever Global's standard deviation. In reality, there are many statistical measures that can use Lever Global historical prices to predict the future Lever Global's volatility.| Risk Adjusted Performance | 0.1591 | |||
| Jensen Alpha | 3.01 | |||
| Total Risk Alpha | 2.58 | |||
| Sortino Ratio | 0.2476 | |||
| Treynor Ratio | 1.33 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lever Global'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.
Lever Global Backtested Returns
Lever Global has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.22% are justified by taking the suggested risk. Use Lever Global Mean Deviation of 6.83, risk adjusted performance of 0.1591, and Downside Deviation of 12.28 to evaluate company specific risk that cannot be diversified away. Lever Global holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.3, 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, Lever Global will likely underperform. Use Lever Global downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on Lever Global.
Auto-correlation | 0.00 |
No correlation between past and present
Lever Global has no correlation between past and present. Overlapping area represents the amount of predictability between Lever Global time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 Lever Global price movement. The serial correlation of 0.0 indicates that just 0.0% of current Lever Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lever Global lagged returns against current returns
Autocorrelation, which is Lever Global 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 Lever Global's otc stock expected returns. We can calculate the autocorrelation of Lever Global returns to help us make a trade decision. For example, suppose you find that Lever Global 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 |
Lever Global 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 Lever Global otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lever Global otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lever Global otc stock over time.
Current vs Lagged Prices |
| Timeline |
Lever Global Lagged Returns
When evaluating Lever Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lever Global otc stock have on its future price. Lever Global 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, Lever Global autocorrelation shows the relationship between Lever Global otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lever Global.
Regressed Prices |
| Timeline |
Pair Trading with Lever Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lever Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lever Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Lever OTC Stock
Moving against Lever OTC Stock
The ability to find closely correlated positions to Lever Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lever Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lever Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lever Global to buy it.
The correlation of Lever Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lever Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lever Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lever Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Lever OTC Stock Analysis
When running Lever Global's price analysis, check to measure Lever Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lever Global is operating at the current time. Most of Lever Global's value examination focuses on studying past and present price action to predict the probability of Lever Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lever Global's price. Additionally, you may evaluate how the addition of Lever Global to your portfolios can decrease your overall portfolio volatility.