Lundin Energy (Germany) Market Value
| LYV Stock | EUR 0.56 0.03 5.08% |
| Symbol | Lundin |
Lundin Energy '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 Lundin Energy's 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 Lundin Energy.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Lundin Energy on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Lundin Energy AB or generate 0.0% return on investment in Lundin Energy over 180 days. Lundin Energy is related to or competes with Air New, Corsair Gaming, Gaztransport Technigaz, Alaska Air, HF SINCLAIR, TEXAS ROADHOUSE, and Norwegian Air. Lundin Energy AB , an independent oil and gas company, engages in the exploration, development, and production of oil an... More
Lundin Energy 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 Lundin Energy's 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 Lundin Energy AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (4.29) | |||
| Potential Upside | 2.94 |
Lundin Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lundin Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lundin Energy's standard deviation. In reality, there are many statistical measures that can use Lundin Energy historical prices to predict the future Lundin Energy's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | 3.6 |
Lundin Energy AB Backtested Returns
Lundin Energy AB has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. Lundin Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lundin Energy's Standard Deviation of 2.33, mean deviation of 1.78, and Risk Adjusted Performance of (0.15) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lundin Energy are expected to decrease at a much lower rate. During the bear market, Lundin Energy is likely to outperform the market. At this point, Lundin Energy AB has a negative expected return of -0.5%. Please make sure to verify Lundin Energy's kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if Lundin Energy AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Lundin Energy AB has good reverse predictability. Overlapping area represents the amount of predictability between Lundin Energy time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Lundin Energy AB price movement. The serial correlation of -0.55 indicates that about 55.0% of current Lundin Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lundin Energy AB lagged returns against current returns
Autocorrelation, which is Lundin Energy 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 Lundin Energy's stock expected returns. We can calculate the autocorrelation of Lundin Energy returns to help us make a trade decision. For example, suppose you find that Lundin Energy 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 |
Lundin Energy 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 Lundin Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lundin Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lundin Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Lundin Energy Lagged Returns
When evaluating Lundin Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lundin Energy stock have on its future price. Lundin Energy 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, Lundin Energy autocorrelation shows the relationship between Lundin Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Lundin Energy AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lundin Stock
Lundin Energy financial ratios help investors to determine whether Lundin 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 Lundin with respect to the benefits of owning Lundin Energy security.