Lykos Metals (Australia) Market Value
| LYK Stock | 0.01 0.00 0.00% |
| Symbol | Lykos |
Lykos Metals '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 Lykos Metals' 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 Lykos Metals.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Lykos Metals on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Lykos Metals or generate 0.0% return on investment in Lykos Metals over 60 days. Lykos Metals is related to or competes with Sandon Capital, Hudson Investment, IDP Education, WiseTech Global, Macquarie Technology, and Ainsworth Game. Lykos Metals is entity of Australia. It is traded as Stock on AU exchange. More
Lykos Metals 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 Lykos Metals' 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 Lykos Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 20.79 | |||
| Value At Risk | (8.33) |
Lykos Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lykos Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lykos Metals' standard deviation. In reality, there are many statistical measures that can use Lykos Metals historical prices to predict the future Lykos Metals' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.86) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (0.62) |
Lykos Metals Backtested Returns
Lykos Metals 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. Lykos Metals exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lykos Metals' Risk Adjusted Performance of (0.15), mean deviation of 2.25, and Standard Deviation of 4.22 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.36, 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, Lykos Metals will likely underperform. At this point, Lykos Metals has a negative expected return of -0.82%. Please make sure to verify Lykos Metals' information ratio, maximum drawdown, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if Lykos Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Lykos Metals has very weak reverse predictability. Overlapping area represents the amount of predictability between Lykos Metals time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Lykos Metals price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Lykos Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lykos Metals lagged returns against current returns
Autocorrelation, which is Lykos Metals 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 Lykos Metals' stock expected returns. We can calculate the autocorrelation of Lykos Metals returns to help us make a trade decision. For example, suppose you find that Lykos Metals has exhibited high autocorrelation historically, and you observe that the 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 |
Lykos Metals 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 Lykos Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lykos Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lykos Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Lykos Metals Lagged Returns
When evaluating Lykos Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lykos Metals stock have on its future price. Lykos Metals 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, Lykos Metals autocorrelation shows the relationship between Lykos Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Lykos Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lykos Stock Analysis
When running Lykos Metals' price analysis, check to measure Lykos Metals' 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 Lykos Metals is operating at the current time. Most of Lykos Metals' value examination focuses on studying past and present price action to predict the probability of Lykos Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lykos Metals' price. Additionally, you may evaluate how the addition of Lykos Metals to your portfolios can decrease your overall portfolio volatility.