LPKF Laser (UK) Market Value
| 0ND2 Stock | 8.60 0.03 0.35% |
| Symbol | LPKF |
LPKF Laser '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 LPKF Laser'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 LPKF Laser.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in LPKF Laser on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding LPKF Laser Electronics or generate 0.0% return on investment in LPKF Laser over 60 days. LPKF Laser is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and Hon Hai. LPKF Laser is entity of United Kingdom. It is traded as Stock on LSE exchange. More
LPKF Laser 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 LPKF Laser'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 LPKF Laser Electronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 12.24 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 1.82 |
LPKF Laser Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LPKF Laser's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LPKF Laser's standard deviation. In reality, there are many statistical measures that can use LPKF Laser historical prices to predict the future LPKF Laser's volatility.| Risk Adjusted Performance | 0.0399 | |||
| Jensen Alpha | 0.044 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3758 |
LPKF Laser Electronics Backtested Returns
Currently, LPKF Laser Electronics is not too volatile. LPKF Laser Electronics has Sharpe Ratio of 0.0356, which conveys that the firm had a 0.0356% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for LPKF Laser, which you can use to evaluate the volatility of the firm. Please verify LPKF Laser's mean deviation of 0.9719, and Risk Adjusted Performance of 0.0399 to check out if the risk estimate we provide is consistent with the expected return of 0.0586%. LPKF Laser has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LPKF Laser's returns are expected to increase less than the market. However, during the bear market, the loss of holding LPKF Laser is expected to be smaller as well. LPKF Laser Electronics currently secures a risk of 1.65%. Please verify LPKF Laser Electronics mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if LPKF Laser Electronics will be following its current price movements.
Auto-correlation | -0.33 |
Poor reverse predictability
LPKF Laser Electronics has poor reverse predictability. Overlapping area represents the amount of predictability between LPKF Laser time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 LPKF Laser Electronics price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current LPKF Laser price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
LPKF Laser Electronics lagged returns against current returns
Autocorrelation, which is LPKF Laser 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 LPKF Laser's stock expected returns. We can calculate the autocorrelation of LPKF Laser returns to help us make a trade decision. For example, suppose you find that LPKF Laser 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 |
LPKF Laser 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 LPKF Laser stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LPKF Laser stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LPKF Laser stock over time.
Current vs Lagged Prices |
| Timeline |
LPKF Laser Lagged Returns
When evaluating LPKF Laser's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LPKF Laser stock have on its future price. LPKF Laser 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, LPKF Laser autocorrelation shows the relationship between LPKF Laser stock current value and its past values and can show if there is a momentum factor associated with investing in LPKF Laser Electronics.
Regressed Prices |
| Timeline |
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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.Additional Tools for LPKF Stock Analysis
When running LPKF Laser's price analysis, check to measure LPKF Laser'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 LPKF Laser is operating at the current time. Most of LPKF Laser's value examination focuses on studying past and present price action to predict the probability of LPKF Laser's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LPKF Laser's price. Additionally, you may evaluate how the addition of LPKF Laser to your portfolios can decrease your overall portfolio volatility.