Leroy Seafood's market value is the price at which a share of Leroy Seafood trades on a public exchange. It measures the collective expectations of Leroy Seafood Group investors about its performance. Leroy Seafood is selling for under 51.93 as of the 18th of January 2025; that is 0.9% down since the beginning of the trading day. The stock's lowest day price was 50.15. With this module, you can estimate the performance of a buy and hold strategy of Leroy Seafood Group and determine expected loss or profit from investing in Leroy Seafood over a given investment horizon. Check out Leroy Seafood Correlation, Leroy Seafood Volatility and Leroy Seafood Alpha and Beta module to complement your research on Leroy Seafood.
Please note, there is a significant difference between Leroy Seafood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leroy Seafood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leroy Seafood's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Leroy Seafood '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 Leroy Seafood'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 Leroy Seafood.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Leroy Seafood on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Leroy Seafood Group or generate 0.0% return on investment in Leroy Seafood over 30 days. Leroy Seafood is related to or competes with Extra Space, Pan American, Monster Beverage, McEwen Mining, Fidelity National, Associated British, and Gaming Realms. Leroy Seafood is entity of United Kingdom More
Leroy Seafood 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 Leroy Seafood'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 Leroy Seafood Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leroy Seafood's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leroy Seafood's standard deviation. In reality, there are many statistical measures that can use Leroy Seafood historical prices to predict the future Leroy Seafood's volatility.
Leroy Seafood Group has Sharpe Ratio of -0.003, which conveys that the firm had a -0.003% return per unit of risk over the last 3 months. Leroy Seafood exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leroy Seafood's Mean Deviation of 1.12, standard deviation of 1.59, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Leroy Seafood's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leroy Seafood is expected to be smaller as well. At this point, Leroy Seafood Group has a negative expected return of -0.0049%. Please make sure to verify Leroy Seafood's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Leroy Seafood Group performance from the past will be repeated at some point in the near future.
Auto-correlation
0.44
Average predictability
Leroy Seafood Group has average predictability. Overlapping area represents the amount of predictability between Leroy Seafood time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Leroy Seafood Group price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Leroy Seafood price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
0.7
Residual Average
0.0
Price Variance
0.65
Leroy Seafood Group lagged returns against current returns
Autocorrelation, which is Leroy Seafood 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 Leroy Seafood's stock expected returns. We can calculate the autocorrelation of Leroy Seafood returns to help us make a trade decision. For example, suppose you find that Leroy Seafood 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
Leroy Seafood 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 Leroy Seafood stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leroy Seafood stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leroy Seafood stock over time.
Current vs Lagged Prices
Timeline
Leroy Seafood Lagged Returns
When evaluating Leroy Seafood's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leroy Seafood stock have on its future price. Leroy Seafood 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, Leroy Seafood autocorrelation shows the relationship between Leroy Seafood stock current value and its past values and can show if there is a momentum factor associated with investing in Leroy Seafood Group.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Leroy Seafood's price analysis, check to measure Leroy Seafood'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 Leroy Seafood is operating at the current time. Most of Leroy Seafood's value examination focuses on studying past and present price action to predict the probability of Leroy Seafood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leroy Seafood's price. Additionally, you may evaluate how the addition of Leroy Seafood to your portfolios can decrease your overall portfolio volatility.