Longfor Group (Germany) Market Value
| RLF Stock | EUR 1.43 0.10 7.52% |
| Symbol | Longfor |
Longfor Group '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 Longfor Group'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 Longfor Group.
| 06/14/2024 |
| 12/11/2024 |
If you would invest 0.00 in Longfor Group on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Longfor Group Holdings or generate 0.0% return on investment in Longfor Group over 180 days. Longfor Group is related to or competes with Superior Plus, SIVERS SEMICONDUCTORS, Reliance Steel, RYOHIN UNSPADR1, Vanguard Funds, Meli Hotels, and Heidelberg Materials. Longfor Group Holdings Limited, an investment holding company, engages in property development, investment, and manageme... More
Longfor Group 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 Longfor Group'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 Longfor Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.07 | |||
| Information Ratio | 0.1016 | |||
| Maximum Drawdown | 54.97 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 12.12 |
Longfor Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Longfor Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Longfor Group's standard deviation. In reality, there are many statistical measures that can use Longfor Group historical prices to predict the future Longfor Group's volatility.| Risk Adjusted Performance | 0.0934 | |||
| Jensen Alpha | 0.835 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.1377 | |||
| Treynor Ratio | 0.9433 |
Longfor Group Holdings Backtested Returns
Longfor Group is abnormally volatile given 3 months investment horizon. Longfor Group Holdings has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use Longfor Group Holdings Risk Adjusted Performance of 0.0934, downside deviation of 6.07, and Mean Deviation of 5.04 to evaluate company specific risk that cannot be diversified away. Longfor Group holds a performance score of 10 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.01, which conveys a somewhat significant risk relative to the market. Longfor Group returns are very sensitive to returns on the market. As the market goes up or down, Longfor Group is expected to follow. Use Longfor Group Holdings sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to analyze future returns on Longfor Group Holdings.
Auto-correlation | 0.08 |
Virtually no predictability
Longfor Group Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Longfor Group time series from 14th of June 2024 to 12th of September 2024 and 12th of September 2024 to 11th 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 Longfor Group Holdings price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Longfor Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Longfor Group Holdings lagged returns against current returns
Autocorrelation, which is Longfor Group 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 Longfor Group's stock expected returns. We can calculate the autocorrelation of Longfor Group returns to help us make a trade decision. For example, suppose you find that Longfor Group 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 |
Longfor Group 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 Longfor Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Longfor Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Longfor Group stock over time.
Current vs Lagged Prices |
| Timeline |
Longfor Group Lagged Returns
When evaluating Longfor Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Longfor Group stock have on its future price. Longfor Group 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, Longfor Group autocorrelation shows the relationship between Longfor Group stock current value and its past values and can show if there is a momentum factor associated with investing in Longfor Group Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Longfor Stock
Longfor Group financial ratios help investors to determine whether Longfor 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 Longfor with respect to the benefits of owning Longfor Group security.